Is North Billerica, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, North Billerica has remained a Seller's Market.
Housing Prices in North Billerica, MA
How much do homes in North Billerica, MA cost?
Median Sold Price
$646,500
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in North Billerica was $646,500 in June 2024, down 0.5% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $515K | $501K | -2.7% |
3 Bedrooms | $649K | $605K | -6.8% |
4 Bedrooms | $685K | $725K | +5.8% |
5+ Bedrooms | $700K | $790K | +12.9% |
Summary: North Billerica housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
Lowell | $429.7K | $463.6K | +7.9% |
Chelmsford | $557K | $590K | +5.9% |
Billerica | $622.5K | $654.1K | +5.1% |
North Billerica | $649.5K | $646.5K | -0.5% |
Carlisle | $1.3M | $1.3M | -1.7% |
Housing Supply in North Billerica, MA
How many homes are available in North Billerica, MA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Summary: The North Billerica real estate market had 24 homes for sale in June 2024, a 14.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The North Billerica housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in North Billerica in June 2024, up by 14.3% month-over-month. Of the 8 sold homes, 0% were sold under asking, 13% were sold at asking, and 88% were sold over asking.
Days on Market for North Billerica, MA
How long does it take to sell a home in North Billerica, MA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
38 Days | 18 Days | -50.9% |
Summary: Homes in North Billerica had an average of 18 days on market in Jun 2024, down by 50.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 8 homes were sold in North Billerica; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.