The story of this market
The typical home in ZIP 01862 sells for about $743,000, or $322 per square foot.
Prices are up +1.6% from a year ago, so sellers still have some momentum. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $2,712 a month.
ZIP 01862 — Billerica
The North Billerica housing market remains stable with modest year-over-year price appreciation and consistent demand. Low inventory levels continue to support pricing, though the pace of sales has moderated compared to previous years. Buyers remain active, driven by the area's strong employment access and suburban appeal.
This ZIP is well-suited for family buyers and commuters seeking a suburban environment with relatively easy access to Boston and the northern technology corridor.
Median prices moved up 1.6% year over year.
Homes spend a median of 33 days on market with 4.3 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 5.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 01862, Middlesex County, MA
The area is served by the Billerica Public Schools district, which generally maintains stable performance ratings within the regional context.
The area is subject to standard New England climate risks, including winter storms and potential localized flooding near the Concord River.
Economic momentum is driven by proximity to the Route 3 and I-95 technology corridors, with ongoing commercial development in the broader Billerica area.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents primarily commute via personal vehicle to employment hubs in Boston and the surrounding I-95/Route 128 technology belt, with some access to MBTA commuter rail services.
The area features access to the Concord River, local parks, and proximity to the Great Brook Farm State Park, offering trails and outdoor recreation.
The rental market is characterized by high demand and limited vacancy, with rents trending upward due to the area's proximity to major employment centers.
The local economy is anchored by a mix of technology, manufacturing, and professional services firms located along the Route 3 corridor.
The area is served by major highway corridors including Route 3 and I-495, with access to the MBTA Commuter Rail Lowell Line.
Ongoing development focuses on mixed-use revitalization projects within the Billerica town center and industrial park upgrades.
Parcels are subject to the Billerica municipal tax levy and the Billerica Public Schools district assessment.
Property insurance premiums are influenced by regional hazard profiles, including winter storm and flood risk mitigation requirements.
Data retrieved from US Census Bureau ZCTA 01862 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Canobie Lake Park4.515.1 mi
- Kimball Farm Westford4.68.1 mi
- Museum of Illusions Boston4.519.9 mi
- Boda Borg Boston4.716 mi
- K1 Speed Boston-Wilmington4.28.7 mi
- Fenway Park4.819.3 mi
- TD Garden4.619.2 mi
- Canobie Lake Park4.515.1 mi
- MGM Music Hall at Fenway4.419.3 mi
- Hynes Convention Center4.519.6 mi
- Discovery Museum4.711 mi
- K1 Speed Boston-Wilmington4.28.7 mi
- AMC Burlington Cinema 104.28 mi
- Dave & Buster's Woburn4.110 mi
- deCordova Sculpture Park and Museum4.710.4 mi
- Museum of Fine Arts, Boston4.819.8 mi
- Boston Public Library4.819.6 mi
- Museum of Science4.718.9 mi
- Isabella Stewart Gardner Museum4.719.7 mi
- The Harvard Museum of Natural History4.816.9 mi
- Minute Man National Historical Park4.78.6 mi
- Mass Audubon's Drumlin Farm4.611.9 mi
- The Butterfly Place4.68.1 mi
- Shannon Beach4.412.6 mi
- Great Brook Farm State Park4.72.9 mi
- Burlington Mall4.48.1 mi
- Pheasant Lane Mall4.310.8 mi
- Wilson Farm Inc4.611.6 mi
- Boston Logan International Airport4.121.1 mi
- Manchester-Boston Regional Airport4.625.1 mi
- Park Shuttle & Fly4.519.7 mi
- The Lounge3.420.8 mi
- DaCoopas Pizza4.119.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides scenic views and recreational boating opportunities.
Features extensive hiking trails and a working dairy farm.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.