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Tyngsborough, MA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Tyngsborough, MA Housing Market Trends

With 12,421 people, 4,022 houses or apartments, and a median cost of homes of $607,920, real estate costs in Tyngsborough are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Massachusetts communities.

Single-family detached homes are the single most common housing type in Tyngsborough, accounting for 68.82% of the town's housing units. Other types of housing that are prevalent in Tyngsborough include row houses and other attached homes ( 15.15%), large apartment complexes or high rise apartments ( 10.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.88%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Tyngsborough. Owner-occupied housing accounts for 85.26% of Tyngsborough's homes, and 60.78% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Tyngsborough built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Tyngsborough built between 2000 and later ( 25.51%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.65%). There's also some housing in Tyngsborough built before 1939 ( 5.55%).

Tyngsborough Home Appreciation Rates

Appreciation rates for homes in Tyngsborough have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 73.43%, which ranks in the top 50% nationwide. This equates to an annual average Tyngsborough house appreciation rate of 5.66%.

Over the last year, Tyngsborough appreciation rates have trailed the rest of the nation. In the last twelve months, Tyngsborough's appreciation rate has been 6.77%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Tyngsborough were at -1.62%, which equates to an annual appreciation rate of -6.32%.

Notably, Tyngsborough's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Massachusetts, our data show that Tyngsborough's latest annual appreciation rate is lower than 60% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$607,920

Tyngsborough, MA HOME PRICES

> $1,266,000
$950,001 - $1,266,000
$633,001 - $950,000
$507,001 - $633,000
$380,001 - $507,000
$253,001 - $380,000
$127,001 - $253,000
$63,001 - $127,000
$0 - $63,000
1.2%
1.2%
1.6%
1.6%
31.4%
31.4%
27.3%
27.3%
21.3%
21.3%
10.7%
10.7%
4.8%
4.8%
0.0%
0.0%
1.6%
1.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for MA

Value Relative To Nation

Number Of Homes And Apartments:
4,022

Tyngsborough Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared To
MA
Compared To
America
Latest Quarter:
2022 Q3 - 2022 Q4
Last 12 Months:
2021 Q4 - 2022 Q4
Last 2 Years:
2020 Q4 - 2022 Q4
Last 5 Years:
2017 Q4 - 2022 Q4
Last 10 Years:
2012 Q4 - 2022 Q4
Since 2000:
2000 Q1 - 2022 Q4
114.15% 3.37%
4
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,606 / per month

Homeownership Rate

Owners
Renters
Vacant
85.3%
85.3%
14.7%
14.7%
3.8%
3.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.5%
25.5%
57.3%
57.3%
11.7%
11.7%
5.6%
5.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.8%
68.8%
15.1%
15.1%
3.9%
3.9%
10.5%
10.5%
1.6%
1.6%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
6.5%
6.5%
27.6%
27.6%
33.5%
33.5%
27.3%
27.3%
5.1%
5.1%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Tyngsborough

Zip Codes in Tyngsborough, MA