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

Housing Market Conditions



Gauge showing Tewksbury is a seller's market


Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Tewksbury, MA

How much do homes in Tewksbury, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Tewksbury have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Tewksbury was $605,000 in June 2024, up 4.3% from last year, and the median price per square foot was $363.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $397.5K-
2 $445K$475K
3 $585K$625K
4 $697.5K$691K
5+ $743.5K$717.5K

Summary: Tewksbury housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Cities

North Billerica

Housing Supply in Tewksbury, MA

How many homes are available in Tewksbury, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Tewksbury real estate market had 86 homes for sale in June 2024, a 14.9% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 01
2 3123
3 3527
4 2932
5+ 63

Summary: The Tewksbury housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25.8%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tewksbury, you could pay more than the asking price. 85.2% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Tewksbury in June 2024, down by 32.5% month-over-month. Of the 27 sold homes, 11% were sold under asking, 4% were sold at asking, and 85% were sold over asking.

Days on Market for Tewksbury, MA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
15 Days13 Days-13.6%

Summary: Homes in Tewksbury had an average of 13 days on market in Jun 2024, down by 13.6% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 27 homes were sold in Tewksbury; 96% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% 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 19 Days Ago

Newest Listings in Tewksbury, MA

Nearby Markets to Tewksbury, MA

What housing markets are near Tewksbury, MA?