Townsend, GA—31331
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Townsend, GA
As of Oct '25, the median home price in Townsend, GA is $287,000, with a year-over-year change of -0.8%. This indicates that home prices in Townsend, GA are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $287,000 | -0.8% |
| Single Family | $289,000 | -1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $210,000 | -0.9% |
3 Bed | $310,000 | 0.6% |
4 Bed | $479,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Townsend, GA
As of July '25, Rentcast reports the average rent in Townsend, GA is $1,430, with a year-over-year rent change of -23.9%. Per bedroom, the median rent as of July '25 in Townsend, GA is 1-bedrooms: $1,100, 2-bedrooms: $1,430, 3-bedrooms: $1,750. The most common rental property sizes in Townsend, GA are 3-bedroom and 2-bedroom, accounting for 52.2% and 42.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | $1,500 | $1,430 |
| 3 Bed Rent | $1,750 | $1,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Townsend, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Townsend, GA is 88. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $429,000 | -14.0% |
Listing Count | 76 | 38.0% |
| Listings as % of Homes | 1.0% | 38.0% |
Days on Market | 88 | 2.0% |
Demographics — Townsend, GA
As of the latest ACS Survey released in 2023, Townsend, GA has a population of 6,000, which has decreased by -24.1% over the past 5 years. Townsend, GA is a less popular place for families, as children make up 14.1% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,000 | -24.1% |
% Under 18 | 14.1% | -8.4% |
% Seniors | 30.8% | 25.7% |
% WFH | 10.1% | 274.1% |
% w/ College Degree | 20.2% | 26.2% |
As of the latest ACS Survey released in 2023, Townsend, GA is a predominantly white area, with 64.4% of the population identifying as white. The white population has grown by 3.4% in the last 5 years. The second most common race or ethnicity in Townsend, GA is black, making up 28.6% of the population. Foreign-born residents account for 0.1% of the population in Townsend, GA, and this percentage has decreased by 94.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.4% | 3.4% |
% Black | 28.6% | -11.7% |
% Hispanic | 0.4% | -63.6% |
% Asian | 0.6% | -80.0% |
% Foreign Born | 0.1% | -94.4% |
Mortgage and Risk — Townsend, GA
According to HUD data as of 2023, there were 167 mortgage originations in Townsend, GA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Townsend, GA. Investor activity is low, as 8.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 167 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 8.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Townsend, GA
Townsend, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,100 | $1,030 |
| 2 Bedroom | -$280 | $1,500 | $1,220 |
| 3 Bedroom | -$180 | $1,750 | $1,570 |
| 4 Bedroom | N/A | N/A | $1,950 |
Affordability — Townsend, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $287,000 |
| Median Household Income | $60,700 |