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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 $426,846, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,917/mo in Townsend, primarily driven by the current value of real estate in the Townsend area. In Townsend, 17.34% of households rent, and 34.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Townsend is $9,656 per month. Households that rent pay about 19.86% of their income on rent here. Townsend’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Townsend Harbor, MA: higher priced homes
- West Townsend, MA: equally priced homes
- Pepperell, MA: higher priced homes
- Lunenburg, MA: higher priced homes
- Shirley Center, MA: higher priced homes
- Brookline, NH: higher priced homes
- Mason, NH: less expensive homes
- Ashby, MA: equally priced homes
- High Bridge, NH: less expensive homes
- Groton, MA: higher priced homes
Cities with Similar Populations
- Melrose, MN: less expensive homes
- Quincy, MI: less expensive homes
- Quantico Base, VA: less expensive homes
- Purchase, NY: higher priced homes
- Pulaski, NY: less expensive homes
- Pryor Creek, OK: less expensive homes
- Progreso, TX: less expensive homes
- Priest River, ID: equally priced homes
- Minden, NV: higher priced homes
- Merlin, OR: equally priced homes
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