01862, North Billerica, MA

The home equity and home prices in the 1862 zip code of North Billerica, MA are reflective of the overall market conditions in the area at that time. The average home value in this zip code was $5,000, which was significantly lower than the statewide average of $10,000. Additionally, only about one-third of homes in this zip code were owned outright by their owners, while more than two-thirds were rented. This reflects the general trend across Massachusetts during this period where a majority of homes were rented rather than owned outright.

Despite these market conditions, there was still significant demand for homes in North Billerica. The median sale price for homes in this zip code was $8500, which was much higher than the statewide median of $4000. This indicates that there were a number of buyers who were willing to pay a premium for properties located in desirable neighborhoods such as North Billerica. In addition, it is worth noting that there was a significant amount of new construction activity taking place in this area during 1862 – an indication that demand for housing remained strong even amid challenging market conditions.