Is Billerica, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Billerica is a seller's market


Difference Since June 2023

Since last year, Billerica has remained a Seller's Market.

Key Takeaway

Billerica is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Billerica, MA

How much do homes in Billerica, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Billerica have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Billerica was $654,166 in June 2024, up 5.1% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $241.4K$252.5K
2 $437.5K$480K
3 $619K$630K
4 $675K$732.5K
5+ $742K$795K

Summary: Billerica housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Cities

North Billerica

Housing Supply in Billerica, MA

How many homes are available in Billerica, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Billerica real estate market had 106 homes for sale in June 2024, a 20.5% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 35
2 1114
3 3245
4 2728
5+ 1514

Summary: The Billerica housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 40.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Billerica, you could pay more than the asking price. 77.1% of homes here sold above asking price last month.

Summary: A total of 35 homes were sold or pending in Billerica in June 2024, up by 45.8% month-over-month. Of the 35 sold homes, 17% were sold under asking, 6% were sold at asking, and 77% were sold over asking.

Days on Market for Billerica, MA

How long does it take to sell a home in Billerica, MA?

Average Sale Time

Jun 2023Jun 2024CHANGE
26 Days18 Days-29.4%

Summary: Homes in Billerica had an average of 18 days on market in Jun 2024, down by 29.4% compared to last year.

Breakdown of Home Sale Times

32 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 Billerica are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 35 homes were sold in Billerica; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Billerica, MA

Nearby Markets to Billerica, MA

What housing markets are near Billerica, MA?