$9,618 Closing Credit*
$809,900
2,490 SqFt
4 Beds
•1 Full Bath, 1 Partial
#73323121, Monica Kavanaugh, Listing Office: Realty Executives Metro South
Is Billerica, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$675,000
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$25,000(+3.8%)
Key Takeaway
Homes in Billerica have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Billerica was $675,000 in December 2024, up 3.8% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $271K | +8.4% |
| 2 Bedrooms | $470K | $501K | +6.6% |
| 3 Bedrooms | $645K | $645K | 0.0% |
| 4 Bedrooms | $712.5K | $765K | +7.4% |
| 5+ Bedrooms | $740K | $789.9K | +6.8% |
Summary: Billerica housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 6.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
| Wilmington | $680K | $738K | +8.5% |
| Bedford | $902.9K | $945K | +4.7% |
| Tewksbury | $595.8K | $620K | +4.1% |
| Billerica | $650K | $675K | +3.8% |
| North Billerica | $658K | $660K | 0.3% |
Housing Supply in Billerica, MA
How many homes are available in Billerica, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 80 | 65 | -18.8% |
Summary: The Billerica real estate market had 65 homes for sale in December 2024, a 18.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 27 | 26 | -3.7% |
| 4 Bedrooms | 34 | 27 | -20.6% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Billerica housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 31 | +40.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Billerica, you could pay more than the asking price. 51.6% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Billerica in December 2024, up by 40.9% month-over-month. Of the 31 sold homes, 35% were sold under asking, 13% were sold at asking, and 52% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 19 Days | 28 Days | +46.9% |
Summary: Homes in Billerica had an average of 28 days on market in Dec 2024, up by 46.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Billerica are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 31 homes were sold in Billerica; 71% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
