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 November 2021

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.

How much do homes in Tyngsborough, MA cost?

Median Sold Price

$499,950

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$39,450(+8.6%)

Key Takeaway

Homes in Tyngsborough have sold for 8.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $155K$179.9K
+16.1%
2 $326.2K$350K
+7.3%
3 $490K$580K
+18.4%
4 $615K$800K
+30.1%
5+ $596.2K$675K
+13.2%

Median Sold Price Compared To Nearby Cities

North Chelmsford
+15.6%
Chelmsford
+13.4%
Dunstable
+11.9%
Tyngsborough
+8.6%
Tyngsboro
+8.5%

How many homes are available in Tyngsborough, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
2732+18.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 1114
+27.3%
3 912
+33.3%
4 44
0.0%
5+ 32
-33.3%

Number of Homes Sold

Oct 2022Nov 2022%
411+175.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 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. 54.5% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
22 Days25 Days+14.2%

Breakdown of Home Sale Times

7 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 Tyngsborough are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Tyngsborough, MA

Homes for sale in Tyngsborough, MA have reached 32. The number of homes for sale in Tyngsborough, MA increased by 18.5% between October 2022 and November 2022. While the average time on the market in November 2022 was 25 days, the median list price was $499,950. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 16.1%, prices of 2 bedrooms properties went up by 7.3%, prices of 3 bedrooms properties increased by 18.4%, prices of 4 bedrooms properties increased by 30.1%, prices of 5 bedrooms properties went up by 13.2%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory increased by 27.3%, 3 bedrooms homes inventory increased by 33.3%, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes went down by 33.3%. In November 2022 more than 6 listings in Tyngsborough, MA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 5 were sold below.

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