$4,900,000
3,626 SqFt
3 Beds
•2 Full Baths, 1 Partial
Hannah Sapp, Listing Office: Coldwell Banker Curry Resid
Is Townsend, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Townsend was a Seller's Market.
Key Takeaway
Townsend is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Townsend, GA
How much do homes in Townsend, GA cost?
Median Sold Price
$311,500
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,800(-4.5%)
Key Takeaway
Homes in Townsend have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Townsend was $311,500 in November 2024, down 4.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $337.5K | +46.7% |
| 3 Bedrooms | $318.7K | $265K | -16.8% |
| 4 Bedrooms | $517K | $332.5K | -35.7% |
| 5+ Bedrooms | $725K | - | N/A |
Summary: Townsend housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.7%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ludowici South | $288K | $285.5K | -0.9% |
| Everett | $337.5K | $325K | -3.7% |
| Townsend | $326.3K | $311.5K | -4.5% |
Housing Supply in Townsend, GA
How many homes are available in Townsend, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 48 | +9.1% |
Summary: The Townsend real estate market had 48 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 28 | 33 | +17.9% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Townsend housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Townsend, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Townsend in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Townsend, GA
How long does it take to sell a home in Townsend, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 118 Days | 117 Days | -1.1% |
Summary: Homes in Townsend had an average of 117 days on market in Nov 2024, down by 1.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Townsend are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Townsend; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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