Townsend, DE—19734
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Townsend, DE
As of Oct '25, the median home price in Townsend, DE is $478,000, with a year-over-year change of 3.6%. This indicates that home prices in Townsend, DE are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $478,000 | 3.6% |
| Single Family | $478,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $372,000 | 3.9% |
3 Bed | $402,000 | 3.9% |
4 Bed | $527,000 | 2.9% |
| 5 Bed | $619,000 | 3.0% |
% of Housing Stock
Rental Trends — Townsend, DE
As of July '25, Rentcast reports the average rent in Townsend, DE is $2,510, with a year-over-year rent change of -11.6%. Per bedroom, the median rent as of July '25 in Townsend, DE is 1-bedrooms: $1,750, 3-bedrooms: $2,540, 4-bedrooms: $2,800. The most common rental property sizes in Townsend, DE are 2-bedroom and 3-bedroom, accounting for 49.3% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,750 | $1,750 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,600 | $2,540 |
| 4 Bed Rent | $2,700 | $2,800 |
% of Rental Stock
Property Listings — Townsend, DE
As of Oct '25, Realtor.com reports that the median days on market for a home in Townsend, DE is 107. This is a increase of 86.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $520,000 | 4.0% |
Listing Count | 64 | 13.0% |
| Listings as % of Homes | 1.3% | 13.0% |
Days on Market | 107 | 86.0% |
Demographics — Townsend, DE
As of the latest ACS Survey released in 2023, Townsend, DE has a population of 14,200, which has increased by 10.1% over the past 5 years. Townsend, DE is a popular place for families, as children make up 27.7% of the population. The area has a moderately educated workforce, with 32.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,200 | 10.1% |
% Under 18 | 27.7% | 4.9% |
% Seniors | 12.9% | -9.8% |
% WFH | 17.7% | 181.0% |
% w/ College Degree | 32.6% | 19.9% |
As of the latest ACS Survey released in 2023, Townsend, DE is a predominantly white area, with 65.9% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Townsend, DE is black, making up 22.2% of the population. Foreign-born residents account for 5.7% of the population in Townsend, DE, and this percentage has increased by 18.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.9% | -11.9% |
% Black | 22.2% | 22.7% |
% Hispanic | 5.4% | 17.4% |
% Asian | 2.3% | 228.6% |
% Foreign Born | 5.7% | 18.8% |
Mortgage and Risk — Townsend, DE
According to HUD data as of 2023, there were 420 mortgage originations in Townsend, DE, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Townsend, DE. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 420 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Townsend, DE
Townsend, DE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,750 | $1,590 |
| 2 Bedroom | N/A | N/A | $1,890 |
| 3 Bedroom | -$320 | $2,600 | $2,280 |
| 4 Bedroom | -$110 | $2,700 | $2,590 |
Affordability — Townsend, DE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $478,000 |
| Median Household Income | $132,000 |