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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tyngsboro is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Tyngsboro was a Seller's Market.

Key Takeaway

Tyngsboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tyngsboro, MA

How much do homes in Tyngsboro, MA cost?

Median Sold Price

$600,000

$314/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$65,000(+12.1%)

Key Takeaway

Homes in Tyngsboro have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Tyngsboro was $600,000 in May 2024, up 12.1% from last year, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $179.9K-
N/A
2 $379K$450K
+18.7%
3 $635K$617.4K
-2.8%
4 $737K$780.5K
+5.9%
5+ $675K$905K
+34.1%

Summary: Tyngsboro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 34.1%.

Median Sold Price Compared To Nearby Cities

Dunstable
+16.9%
Tyngsboro
+12.1%
Tyngsborough
+12.1%
North Chelmsford
+9.0%
Chelmsford
+4.5%

Housing Supply in Tyngsboro, MA

How many homes are available in Tyngsboro, MA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2236+63.6%

Summary: The Tyngsboro real estate market had 36 homes for sale in May 2024, a 63.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 612
+100.0%
3 1013
+30.0%
4 58
+60.0%
5+ 13
+200.0%

Summary: The Tyngsboro housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Apr 2024May 2024CHANGE
550.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tyngsboro, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Tyngsboro in May 2024, the same as the previous month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Tyngsboro, MA

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

Average Sale Time

May 2023May 2024CHANGE
46 Days18 Days-60.3%

Summary: Homes in Tyngsboro had an average of 18 days on market in May 2024, down by 60.3% compared to last year.

Breakdown of Home Sale Times

4 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 Tyngsboro are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Tyngsboro; 80% of homes were sold within 30 days, 20% 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 21 Days Ago

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