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 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

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $372K$458K
+23.1%
3 $625K$620K
-0.8%
4 $743K$757.5K
+2.0%
5+ $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
+25.1%
Tyngsboro
+25.1%
Dunstable
+14.9%
Chelmsford
+7.9%
North Chelmsford
+6.4%

Housing Supply in Tyngsborough, MA

How many homes are available in Tyngsborough, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4138-7.3%

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

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1514
-6.7%
3 2016
-20.0%
4 56
+20.0%
5+ 12
+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 2024Sep 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2023Sep 2024CHANGE
15 Days29 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

Breakdown of Home Sale Times

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.

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

Report Updated Sep 1, 2024

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