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Zip 01862 (North Billerica, MA) Housing


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The median value of housing in 01862 North Billerica, MA is $555,800. This is substantially higher than the US house median value of $338,100, indicating that homes in 01862 North Billerica are more expensive than the national average. The appreciation rate for houses in 01862 North Billerica is 8.08%, which is slightly lower than the national 1 year house appreciation rate of 8.27%. This indicates that housing prices in this area have been increasing more slowly than the nationwide trend.

The median home cost in North Billerica (zip 01862) is $555,800. Home appreciation the last 10 years has been 90.5%. Home Appreciation in North Billerica (zip 01862) is up 12.9%.

Average Age of Homes
- The median age of North Billerica (zip 01862) real estate is 49 years old
The Rental Market in North Billerica (zip 01862)
- Renters make up 15.7% of the North Billerica (zip 01862) population
- 0.0% of houses and apartments in North Billerica (zip 01862), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingNorth Billerica, MassachusettsUnited States
  4,118.0139,647,020.0
  4642
  $555,800$338,100
  12.9%16.6%
  48.6%57.0%
  90.5%101.1%
  $13.19$10.98
  $5,624$2,690
  76.2%57.4%
  3.9%11.2%
  19.9%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  1.0%0.7%
  1.8%0.4%
  0.0%3.6%
  1.0%4.1%
  Value of Owner-Occupied Housing
  1.0%2.6%
  2.7%2.4%
  0.6%2.8%
  1.2%3.9%
  0.0%4.5%
  1.6%11.3%
  2.2%13.0%
  6.5%20.1%
  26.4%13.6%
  29.7%8.3%
  22.6%9.7%
  3.2%3.9%
  2.4%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.5%0.2%
  10.7%13.6%
  10.7%13.6%
  13.7%13.6%
  8.9%13.2%
  13.6%14.8%
  13.7%13.6%
  6.3%10.0%
  5.1%4.7%
  15.3%12.2%
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