New Bedford, MA Home Values & Market Trends
Real estate market trends reflect that there have been 875 transactions over the past year in New Bedford. The median value for residential home transactions that occurred over the previous year is $392,179.32. The number of current listings in New Bedford is 14, and the percentage of properties for sale in the city is 14.00%. New Bedford, MA currently has 35 properties in foreclosure, 4 bank owned properties, 15 properties headed for auction, and 14 properties for sale.
New Bedford, MA Real Estate Market Overview
Housing Market Summary for New Bedford, MA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $342.1K | $382K | 11.66% |
Median Sold Price | $352K | $382K | 8.52% |
Homes For Sale | 36 | 15 | -58.33% |
Homes Sold | 473 | 398 | -15.86% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Bedford, MA
Browse Homes in New Bedford, MA
New Bedford home values range from $42,168 to $1,307,825. The median estimated value of a home in New Bedford is $392,179.32. The median list price of a home is 394,500, and the total count of properties in the city is 20,566.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in New Bedford, MA with 02740 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within New Bedford, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $446,100 in 02740 to the lowest home value of $328,577 in 02746.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Bedford, MA ranges from the highest value of $373,250 in 02746 to the lowest value of $315,248 in 02745. Bank owned homes and properties account for 0.02% of properties in New Bedford, MA. There are 4 zips within New Bedford, MA; 02746 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions02740 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of New Bedford, MA. Auction homes and other auction properties account for 0.07% of all properties in New Bedford, MA. There are 4 zips within New Bedford, MA; of those zips, the median estimated home value for homes going to auction ranges from $404,851 in 02745 to the lowest value of $296,059 in 02745.
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Guide for New Bedford, MA
A few quick tips to prepare you for selling a luxury home at auction
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