New - 1 day on Rocket
$5,344 Closing Credit¹
#73326985, Kyle Seyboth, Listing Office: Century 21 The Seyboth Team
New Bedford Housing Market Report December 2024•Bristol County, Massachusetts
Housing Prices in New Bedford, MA
How much do homes in New Bedford, MA cost?
Housing Market Conditions
Is New Bedford, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Bedford is a Seller's Market
Difference Since December 2023
Since last year, New Bedford has remained a Seller's Market.
Insight
New Bedford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$446,593$244/SqFt
+$45,593
+11.4%
Based on all homes sold in the last 12 months
Insight
Homes in New Bedford have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in New Bedford was $446,593 in December 2024, up 11.4% from last year, and the median price per square foot was $244.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| North Dartmouth | $465K | $540K | +16.1% |
| Dartmouth | $510K | $580K | +13.7% |
| New Bedford | $401K | $446.5K | +11.4% |
| Fairhaven | $446.9K | $480K | +7.4% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $349.9K | $286.5K | -18.1% |
| 22 Bedrooms | $312.5K | $341K | +9.1% |
| 33 Bedrooms | $375.6K | $415K | +10.5% |
| 44 Bedrooms | $382.5K | $440K | +15.0% |
| 55+ Bedrooms | $477.3K | $567K | +18.8% |
Summary: New Bedford housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -18.1%. The home price for 2 bedroom homes increased by +9.1%. The home price for 3 bedroom homes increased by +10.5%. The home price for 4 bedroom homes increased by +15.0%. The home price for 5 bedroom homes increased by +18.8%.
Housing supply in New Bedford, MA
How many homes are available in New Bedford, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 177Last MonthDec 2024 | ||
| 2002 months agoNov 2024 | -11.5 % Change MoMNov – Dec |
Summary: The New Bedford real estate market had 177 homes for sale in Dec 2024, a 11.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 60Last MonthDec 2024 | ||
| 472 months agoNov 2024 | +27.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 3 | +200.0% |
| 22 Bedrooms | 36 | 29 | -19.4% |
| 33 Bedrooms | 64 | 62 | -3.1% |
| 44 Bedrooms | 36 | 30 | -16.7% |
| 55+ Bedrooms | 63 | 53 | -15.9% |
Summary: New Bedford housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +200.0%. The inventory for 2 bedroom homes decreased by -19.4%. The inventory for 3 bedroom homes decreased by -3.1%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes decreased by -15.9%.
Asking Price vs. Sold Price
How much do homes in New Bedford, MA cost?
Over Asking Price27 Homes
At Asking Price7 Homes
Under Asking Price26 Homes
Insight
If you're buying a home in New Bedford, you could pay more than the asking price. 45% of homes here sold above asking price last month.
Summary: A total of 60 homes were sold or pending in New Bedford in December 2024, up by 27.7% month-over-month. Of the 60 sold homes, 43% were sold under asking, 12% were sold at asking, and and 45% were sold over asking.
Days on Market for New Bedford, MA
How long does it take to sell a home in New Bedford, MA?
Breakdown of Home Sale Times
Under 30 Days35 Homes
30 – 90 Days19 Homes
Over 90 Days6 Homes
Insight
Many homes in New Bedford are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 60 homes were sold in New Bedford; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 53 DaysThis YearDec 2024 | ||
| 26 Days1 year agoDec 2023 | +103.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in New Bedford had an average listing age of 53 days in Dec 2024, up by 103.8% compared to the previous year.
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Newest Listings in New Bedford, MA
What homes are available in New Bedford, MA?
New - 1 day on Rocket
$6,531 Closing Credit¹
#73326870, Glenn Rapoza, Listing Office: Conway - Dartmouth
New - 1 day on Rocket
$7,480 Closing Credit¹
#73326849, Domingas DeBarros, Listing Office: Conway - Dartmouth
New - 1 day on Rocket
$5,105 Closing Credit¹
#73326829, Kurtis Amaral, Listing Office: RE/MAX Vantage
New - 2 days on Rocket
$4,334 Closing Credit¹
#73326636, Team ROSO, Listing Office: RE/MAX Vantage
New - 2 days on Rocket
$7,422 Closing Credit¹
#73326590, Deborah McLaughlin, Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties
New - 2 days on Rocket
$4,631 Closing Credit¹
#73326448, David Matthews, Listing Office: NextHome Soundings Realty
New - 2 days on Rocket
$2,791 Closing Credit¹
#73326431, Lori Lincoln, Listing Office: LPT Realty - Home & Key Group
New - 2 days on Rocket
$3,919 Closing Credit¹
#73326412, Bryant Davignon, Listing Office: Seaport Realty
New - 2 days on Rocket
$4,156 Closing Credit¹
#73326325, Christina DaLomba, Listing Office: LAER Realty Partners / Rose Homes & Real Estate
New - 2 days on Rocket
$3,551 Closing Credit¹
#73326319, Lori Nery, Listing Office: Coastal Realty
New - 3 days on Rocket
$6,530 Closing Credit¹
#73326181, Korey Welch, Listing Office: Boom Realty
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.