02740 Home Values & Market Trends

There are 10 homes currently listed for 02740. 02740 real estate market trends show that home prices range from $275,000 to $509,900, and the median sales price in the 02740 zip code is $385,058.86. The total number of properties sold within the past twelve months is 411. In 02740, 36 properties are in foreclosure, 0 are bank owned properties,and 9 are headed for auction.

Housing Market Summary for 02740

Apr 2023March 2024Change
Median Listing Price$349.9K$377K7.73%
Median Sold Price$347.5K$377K8.47%
Homes For Sale2511-56.00%
Homes Sold220174-20.91%
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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%.

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Browse Homes in 02740

The median list price of a home in New Bedford, is $385,058.86. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 02740 properties is 9,300.

Foreclosure
There is 1 cities within 02740; within this cities, the median estimated home value for homes in foreclosure ranges from $514,800 in new bedford to the lowest value of $199,953 in new bedford. Foreclosure homes account for 0.00% of properties in 02740 with new bedford containing 70 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% of all residential properties in 02740 with new bedford containing 51 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 02740; of that cities, the estimated home value for pre-foreclosure homes ranges from $514,800 in new bedford to the lowest home value of $199,953 in new bedford.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 02740 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 02740. There is 1 cities within 02740; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    new bedford has 17 auction properties, the highest number of properties going to auction in a single city in the state of 02740. Auction homes and other auction properties account for 0.10% of all properties in 02740. There is 1 cities within 02740; of that cities, the median estimated home value for homes going to auction ranges from $503,706 in new bedford to the lowest value of $288,914 in new bedford.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in 02740 with new bedford containing 20 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 02740; homes for sale in that cities, have a range of median values from $565,800 in new bedford to the lowest value of $170,731 in new bedford.
    Sold Homes
    The median value for recently sold homes ranges from $797,392 in new bedford to the lowest price of $54,912 in new bedford. There is 1 cities within 02740. new bedford has 402 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.94% of properties in 02740.

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      Guide for 02740

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      See More Articles
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.