Is Tyngsborough, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tyngsborough is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Tyngsborough has remained a Seller's Market.

Key Takeaway

Tyngsborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tyngsborough, MA

How much do homes in Tyngsborough, MA cost?

Median Sold Price

$600,000

$344/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100,000(+20.0%)

Key Takeaway

Homes in Tyngsborough have sold for 20% more than they did a year ago.

Summary: The median home sold price in Tyngsborough was $600,000 in October 2024, up 20% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $390K$455K
+16.7%
3 $627.5K$622.5K
-0.8%
4 $711K$757.5K
+6.5%
5+ $555K$949.9K
+71.2%

Summary: Tyngsborough housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 71.2%.

Median Sold Price Compared To Nearby Cities

Tyngsborough
+20.0%
Tyngsboro
+20.0%
Dunstable
+14.4%
Chelmsford
+9.6%
North Chelmsford
+2.1%

Housing Supply in Tyngsborough, MA

How many homes are available in Tyngsborough, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3942+7.7%

Summary: The Tyngsborough real estate market had 42 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1411
-21.4%
3 1617
+6.3%
4 711
+57.1%
5+ 23
+50.0%

Summary: The Tyngsborough housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tyngsborough, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Tyngsborough in October 2024, up by 18.2% month-over-month. Of the 13 sold homes, 46% were sold under asking, 0% were sold at asking, and 54% were sold over asking.

Days on Market for Tyngsborough, MA

How long does it take to sell a home in Tyngsborough, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days37 Days-4.7%

Summary: Homes in Tyngsborough had an average of 37 days on market in Oct 2024, down by 4.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tyngsborough are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in Tyngsborough; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Tyngsborough, MA

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