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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tyngsboro is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Tyngsboro, MA

How much do homes in Tyngsboro, MA cost?

Median Sold Price

$585,000

$314/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$50,000(+9.3%)

Key Takeaway

Homes in Tyngsboro have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Tyngsboro was $585,000 in February 2024, up 9.3% from last year, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $179.9K-
N/A
2 $360K$450K
+25.0%
3 $580K$627.5K
+8.2%
4 $785K$765K
-2.5%
5+ $675K$760K
+12.6%

Summary: Tyngsboro housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 12.6%.

Median Sold Price Compared To Nearby Cities

Tyngsboro
+9.3%
Tyngsborough
+9.3%
North Chelmsford
+5.5%
Chelmsford
-2.0%

Housing Supply in Tyngsboro, MA

How many homes are available in Tyngsboro, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2923-20.7%

Summary: The Tyngsboro real estate market had 23 homes for sale in February 2024, a 20.7% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 116
-45.5%
4 55
0.0%
5+ 11
0.0%

Summary: The Tyngsboro housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 45.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tyngsboro, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Tyngsboro in February 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% 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

Feb 2023Feb 2024CHANGE
66 Days40 Days-39.3%

Summary: Homes in Tyngsboro had an average of 40 days on market in Feb 2024, down by 39.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were 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 February 2024, 7 homes were sold in Tyngsboro; 57% of homes were sold within 30 days, 43% 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 28 Days Ago

Newest Listings in Tyngsboro, MA

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