Commercial Real Estate Market in North Billerica, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
90 active listings and 909 off-market properties in North Billerica, MA. Commercial property asks $74/SF to buy and $16.91/SF/Yr to lease.
Market Trends
North Billerica, MA spans 9.1 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in North Billerica, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in North Billerica, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in North Billerica, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in North Billerica, MA asks $359/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
North Billerica, MA has 11,430 residents in 4,263 households. Density runs 1,255 people per square mile. Median household income here is $131,214 and median gross rent $1,881 a month.
11,430
Population
4,263
Households
2.7
Avg Household Size
40
Median Age
39%
College-Educated
91%
High-School Grad
9.1 sq mi
ZIP Area
1,255
Density / Sq Mi
$131,214
Median Household Income
$67,595
Median Earnings
$1,881
Median Rent
$503,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chelmsford | — | $30.00 |
| Billerica | — | $16.91 |
| Tewksbury | — | $52.15 |
| Lowell | — | $18.15 |
Commercial property in North Billerica, MA asks $74/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Billerica?
Commercial property in North Billerica, MA asks an average of $74 per square foot. The 6 most recent recorded sales traded at a median of $244/SF. Multifamily carries the highest asking price at $359/SF.
How much does it cost to lease commercial space in North Billerica?
Asking lease rates in North Billerica, MA average $16.91 per square foot per year.
Where does Realmo's North Billerica market data come from?
Realmo compiles North Billerica, MA figures from 6 recent recorded sales, 29 active sale listings, 61 active lease listings, 909 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 61 active for-lease listings in North Billerica, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
