$4,382 Closing Credit*
$369,000
1,018 SqFt
2 Beds
•1 Full Bath, 1 Partial
#73305862, Donna Bursey, Listing Office: Berkshire Hathaway HomeServices Verani Realty Salem
Is Tyngsborough, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Tyngsborough was a Neutral 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
$610,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$122,500(+25.1%)
Key Takeaway
Homes in Tyngsborough have sold for 25.1% more than they did a year ago.
Summary: The median home sold price in Tyngsborough was $610,000 in September 2024, up 25.1% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $372K | $458K | +23.1% |
| 3 Bedrooms | $625K | $620K | -0.8% |
| 4 Bedrooms | $743K | $757.5K | +2.0% |
| 5+ Bedrooms | $657.5K | $949.9K | +44.5% |
Summary: Tyngsborough housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.1%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 44.5%.
Median Sold Price Compared To Nearby Cities
| Tyngsborough | $487.5K | $610K | +25.1% |
| Tyngsboro | $487.5K | $610K | +25.1% |
| Dunstable | $801K | $920K | +14.9% |
| Chelmsford | $565.4K | $610.2K | +7.9% |
| North Chelmsford | $470K | $500K | +6.4% |
Housing Supply in Tyngsborough, MA
How many homes are available in Tyngsborough, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 41 | 38 | -7.3% |
Summary: The Tyngsborough real estate market had 38 homes for sale in September 2024, a 7.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Tyngsborough housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tyngsborough, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Tyngsborough in September 2024, down by 26.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 15 Days | 29 Days | +89.7% |
Summary: Homes in Tyngsborough had an average of 29 days on market in Sep 2024, up by 89.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 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 September 2024, 11 homes were sold in Tyngsborough; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
