Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Townsend area can be challenging. Home prices in Townsend are now at a median cost of $347,687, higher than the Delaware average of $282,938.
The average cost of rent is $1,373/mo in Townsend, primarily driven by the current value of real estate in the Townsend area. While nearly 19.94% of residents own their homes outright in Townsend, 5.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Townsend is $10,051 per month. Households that rent pay about 13.66% of their income on rent here. Townsend's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Pine Tree Corners, DE: equally priced homes
- Point Breeze, DE: equally priced homes
- Odessa, DE: equally priced homes
- Middletown, DE: equally priced homes
- Smyrna Landing, DE: less expensive homes
- Warwick, MD: less expensive homes
- Golts, MD: less expensive homes
- Port Penn, DE: higher priced homes
- Smyrna, DE: less expensive homes
- Clayton, DE: less expensive homes
Cities with Similar Populations
- Laurel, DE: less expensive homes
- Seekonk, MA: higher priced homes
- Seabrook, TX: less expensive homes
- Scottsville, KY: less expensive homes
- Savannah, TN: less expensive homes
- Sault Ste. Marie, MI: less expensive homes
- Sarasota Springs, FL: less expensive homes
- Santaquin, UT: equally priced homes
- Lockhart, FL: less expensive homes
- Lindenhurst, IL: less expensive homes
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