Is Tyngsborough, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Tyngsborough was a Buyer'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
$590,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Tyngsborough have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Tyngsborough was $590,000 in March 2024, up 10.3% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179.9K | - | N/A |
| 2 Bedrooms | $368.5K | $450K | +22.1% |
| 3 Bedrooms | $600K | $627.5K | +4.6% |
| 4 Bedrooms | $780K | $780.5K | 0.1% |
| 5+ Bedrooms | $702.5K | $630K | -10.3% |
Summary: Tyngsborough housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Tyngsborough | $535K | $590K | +10.3% |
| Tyngsboro | $535K | $590K | +10.3% |
| North Chelmsford | $470K | $492K | +4.7% |
| Chelmsford | $580K | $574.6K | -0.9% |
Housing Supply in Tyngsborough, MA
How many homes are available in Tyngsborough, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 22 | -15.4% |
Summary: The Tyngsborough real estate market had 22 homes for sale in March 2024, a 15.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Tyngsborough housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tyngsborough, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Tyngsborough in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 10 Days | 40 Days | +306.7% |
Summary: Homes in Tyngsborough had an average of 40 days on market in Mar 2024, up by 306.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tyngsborough are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Tyngsborough; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.