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 June 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

$611,000

$330/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$111,000(+22.2%)

Key Takeaway

Homes in Tyngsborough have sold for 22.2% more than they did a year ago.

Summary: The median home sold price in Tyngsborough was $611,000 in June 2024, up 22.2% from last year, and the median price per square foot was $330.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $179.9K-
N/A
2 $379K$450K
+18.7%
3 $650K$620K
-4.6%
4 $736.6K$780.5K
+6.0%
5+ $642.5K$905K
+40.9%

Summary: Tyngsborough 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 18.7%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 40.9%.

Median Sold Price Compared To Nearby Cities

Tyngsborough
+22.2%
Tyngsboro
+22.2%
Dunstable
+14.6%
North Chelmsford
+7.2%
Chelmsford
+5.9%

Housing Supply in Tyngsborough, MA

How many homes are available in Tyngsborough, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
4137-9.8%

Summary: The Tyngsborough real estate market had 37 homes for sale in June 2024, a 9.8% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 1516
+6.7%
3 1613
-18.8%
4 97
-22.2%
5+ 11
0.0%

Summary: The Tyngsborough housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

11 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. 84.6% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Tyngsborough in June 2024, up by 62.5% month-over-month. Of the 13 sold homes, 8% were sold under asking, 8% were sold at asking, and 85% 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

Jun 2023Jun 2024CHANGE
14 Days11 Days-25.2%

Summary: Homes in Tyngsborough had an average of 11 days on market in Jun 2024, down by 25.2% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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 June 2024, 13 homes were sold in Tyngsborough; 100% of homes were sold within 30 days, 0% 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 24 Days Ago

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