Tewksbury, MA—01876
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tewksbury, MA
As of Oct '25, the median home price in Tewksbury, MA is $662,000, with a year-over-year change of 1.8%. This indicates that home prices in Tewksbury, MA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $662,000 | 1.8% |
| Single Family | $689,000 | 1.8% |
| Condos | $498,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $447,000 | 2.3% |
2 Bed | $504,000 | 2.9% |
3 Bed | $661,000 | 1.8% |
4 Bed | $787,000 | 1.7% |
| 5 Bed | $853,000 | 1.3% |
% of Housing Stock
Rental Trends — Tewksbury, MA
As of July '25, Rentcast reports the average rent in Tewksbury, MA is $2,690, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Tewksbury, MA is studios: $2,500, 1-bedrooms: $2,470, 2-bedrooms: $2,920, 3-bedrooms: $3,530. The most common rental property sizes in Tewksbury, MA are 1-bedroom and 2-bedroom, accounting for 41.3% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,530 | $2,690 |
| Studio Rent | $2,500 | $2,500 |
| 1 Bed Rent | $2,410 | $2,470 |
| 2 Bed Rent | $2,850 | $2,920 |
| 3 Bed Rent | $3,600 | $3,530 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Tewksbury, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Tewksbury, MA is 17. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $700,000 | 8.0% |
Listing Count | 40 | 8.0% |
| Listings as % of Homes | 0.2% | 8.0% |
Days on Market | 17 | 19.0% |
Demographics — Tewksbury, MA
As of the latest ACS Survey released in 2023, Tewksbury, MA has a population of 31,000, which has remained stable by 0.5% over the past 5 years. Tewksbury, MA is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 40.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,000 | 0.5% |
% Under 18 | 17.4% | -11.2% |
% Seniors | 20.1% | 15.5% |
% WFH | 12.2% | 177.3% |
% w/ College Degree | 40.5% | 13.1% |
As of the latest ACS Survey released in 2023, Tewksbury, MA is a predominantly white area, with 86.7% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Tewksbury, MA is hispanic, making up 4.2% of the population. Foreign-born residents account for 10.3% of the population in Tewksbury, MA, and this percentage has increased by 41.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.7% | -4.7% |
% Black | 2.5% | 31.6% |
% Hispanic | 4.2% | 162.5% |
% Asian | 3.9% | 14.7% |
% Foreign Born | 10.3% | 41.1% |
Mortgage and Risk — Tewksbury, MA
According to HUD data as of 2023, there were 563 mortgage originations in Tewksbury, MA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Tewksbury, MA. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 563 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Tewksbury, MA
Tewksbury, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 201 |
Total Units Section 8 | 119 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $2,410 | $2,480 |
| 2 Bedroom | $400 | $2,850 | $3,250 |
| 3 Bedroom | $320 | $3,600 | $3,920 |
| 4 Bedroom | N/A | N/A | $4,310 |
Affordability — Tewksbury, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $662,000 |
| Median Household Income | $127,000 |