New - 13 hours on Rocket
$8,016 Closing Credit¹
#73327162, Silver Key Homes Group, Listing Office: LAER Realty Partners
Tewksbury Housing Market Report December 2024•Middlesex County, Massachusetts
Housing Prices in Tewksbury, MA
How much do homes in Tewksbury, MA cost?
Housing Market Conditions
Is Tewksbury, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Tewksbury is a Seller's Market
Difference Since December 2023
Since last year, Tewksbury has remained a Seller's Market.
Insight
Tewksbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$620,000$367/SqFt
+$24,166
+4.1%
Based on all homes sold in the last 12 months
Insight
Homes in Tewksbury have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Tewksbury was $620,000 in December 2024, up 4.1% from last year, and the median price per square foot was $367.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Wilmington | $680K | $738K | +8.5% |
| Lowell | $440K | $475.2K | +8.0% |
| Andover | $850K | $917.5K | +7.9% |
| Tewksbury | $595.8K | $620K | +4.1% |
| North Billerica | $658K | $660K | 0.3% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $378.7K | $476K | +25.7% |
| 22 Bedrooms | $460K | $475K | +3.3% |
| 33 Bedrooms | $615K | $635K | +3.3% |
| 44 Bedrooms | $715.5K | $737K | +3.0% |
| 55+ Bedrooms | $725K | $752K | +3.7% |
Summary: Tewksbury housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +25.7%. The home price for 2 bedroom homes increased by +3.3%. The home price for 3 bedroom homes increased by +3.3%. The home price for 4 bedroom homes increased by +3.0%. The home price for 5 bedroom homes increased by +3.7%.
Housing supply in Tewksbury, MA
How many homes are available in Tewksbury, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 47Last MonthDec 2024 | ||
| 602 months agoNov 2024 | -21.7 % Change MoMNov – Dec |
Summary: The Tewksbury real estate market had 47 homes for sale in Dec 2024, a 21.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthDec 2024 | ||
| 272 months agoNov 2024 | -14.8 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 17 | 12 | -29.4% |
| 33 Bedrooms | 22 | 17 | -22.7% |
| 44 Bedrooms | 18 | 15 | -16.7% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Tewksbury housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -29.4%. The inventory for 3 bedroom homes decreased by -22.7%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Tewksbury, MA cost?
Over Asking Price14 Homes
At Asking Price1 Home
Under Asking Price8 Homes
Insight
If you're buying a home in Tewksbury, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Tewksbury in December 2024, down by 14.8% month-over-month. Of the 23 sold homes, 35% were sold under asking, 4% were sold at asking, and and 61% were sold over asking.
Days on Market for Tewksbury, MA
How long does it take to sell a home in Tewksbury, MA?
Breakdown of Home Sale Times
Under 30 Days16 Homes
30 – 90 Days7 Homes
Over 90 Days0 Home
Insight
Many homes in Tewksbury are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 23 homes were sold in Tewksbury; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 25 DaysThis YearDec 2024 | ||
| 28 Days1 year agoDec 2023 | -11.5 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Tewksbury had an average listing age of 25 days in Dec 2024, down by 11.5% compared to the previous year.
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Newest Listings in Tewksbury, MA
What homes are available in Tewksbury, MA?
New - 2 days on Rocket
$5,581 Closing Credit¹
#73326602, The Paradigm Team, Listing Office: Coldwell Banker Realty - Newton
New - 2 days on Rocket
$6,472 Closing Credit¹
#73326624, Gregory Moreira, Listing Office: Moreira & Associates Realty
Backup offers
$6,056 Closing Credit¹
#73324360, Elizabeth Bain, Listing Office: Commonwealth Standard Realty Advisors
Backup offers
$8,016 Closing Credit¹
#73323750, Jonathan Dean, Listing Office: J. Borstell Real Estate, Inc.
$10,000 Closing Credit¹
#73321865, Moses Sefah Bosompem, Listing Office: Keller Williams Realty North Central
Backup offers
$10,000 Closing Credit¹
#73321556, Cherish Ott, Listing Office: EXIT Premier Real Estate
$8,550 Closing Credit¹
#73320634, Nina Cristofori, Listing Office: Doherty Properties
Backup offers
$5,164 Closing Credit¹
#73318906, Kathy Dwyer, Listing Office: KAD Homes, LLC
Backup offers
$10,000 Closing Credit¹
#73317537, Candice Pagliarulo Hodgson, Listing Office: Lyv Realty
$9,488 Closing Credit¹
#73310247, Vision Realty Group, Listing Office: LAER Realty Partners
#73296409, Jeffrey Borstell, Listing Office: J. Borstell Real Estate, Inc.
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.