$665,000
3 bd1 ba1,184 sqft
733 Cavern Rd
Townsend, TN Housing Market
$392,936
1.9% 1-yrThe average Townsend, TN home value is $392,936, down 1.9% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Townsend Key Takeaways
Typical Home Values: $392,936
1-year Value Change: -1.9%
(Data through October 31, 2025)
Townsend Housing Market Overview
--1-year Market Forecast
92For sale inventory(October 31, 2025)
16New listings(October 31, 2025)
--Median sale to list ratio
--Median sale price(September 30, 2025)
$581,633Median list price(October 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Townsend
- NameMedian ZHVI
- Colonial Village$295,473
- Lake Forest$331,212
- Vestal$215,894
- Forest Brook$708,902
- Kahite--
- South Knoxville$259,385
- Westmoreland Heights$1,400,014
- Kingston Pike$951,602
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Townsend Rental Market Trends
--Average rent in Townsend
$1,949National average rent(October 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
