New - 16 hours on Rocket
$4,982 Closing Credit¹
#73336869, Marcel Flynn, Listing Office: Keller Williams Elite
New Bedford Housing Market Report January 2025•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 January 2024
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
$449,980$246/SqFt
+$49,980
+12.5%
Based on all homes sold in the last 12 months
Insight
Homes in New Bedford have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in New Bedford was $449,980 in January 2025, up 12.5% from last year, and the median price per square foot was $246.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| North Dartmouth | $461K | $537K | +16.5% |
| Dartmouth | $508.3K | $580K | +14.1% |
| New Bedford | $400K | $449.9K | +12.5% |
| Fairhaven | $445.9K | $487.5K | +9.3% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $334.9K | $203.5K | -39.2% |
| 22 Bedrooms | $320K | $341K | +6.6% |
| 33 Bedrooms | $376.5K | $418.7K | +11.2% |
| 44 Bedrooms | $387.5K | $443K | +14.3% |
| 55+ Bedrooms | $480K | $567K | +18.1% |
Summary: New Bedford housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -39.2%. The home price for 2 bedroom homes increased by +6.6%. The home price for 3 bedroom homes increased by +11.2%. The home price for 4 bedroom homes increased by +14.3%. The home price for 5 bedroom homes increased by +18.1%.
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 |
|---|---|---|
| 161Last MonthJan 2025 | ||
| 1822 months agoDec 2024 | -11.5 % Change MoMDec – Jan |
Summary: The New Bedford real estate market had 161 homes for sale in Jan 2025, a 11.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 42Last MonthJan 2025 | ||
| 632 months agoDec 2024 | -33.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 2 | -33.3% |
| 22 Bedrooms | 27 | 29 | +7.4% |
| 33 Bedrooms | 63 | 48 | -23.8% |
| 44 Bedrooms | 32 | 22 | -31.3% |
| 55+ Bedrooms | 57 | 60 | +5.3% |
Summary: New Bedford housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes increased by +7.4%. The inventory for 3 bedroom homes decreased by -23.8%. The inventory for 4 bedroom homes decreased by -31.3%. The inventory for 5 bedroom homes increased by +5.3%.
Asking Price vs. Sold Price
How much do homes in New Bedford, MA cost?
Over Asking Price16 Homes
At Asking Price4 Homes
Under Asking Price22 Homes
Insight
If you're buying a home in New Bedford, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in New Bedford in January 2025, down by 33.3% month-over-month. Of the 42 sold homes, 52% were sold under asking, 10% were sold at asking, and and 38% 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 Days18 Homes
30 – 90 Days16 Homes
Over 90 Days8 Homes
Insight
Many homes in New Bedford are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 42 homes were sold in New Bedford; 43% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 49 DaysThis YearJan 2025 | ||
| 36 Days1 year agoJan 2024 | +36.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in New Bedford had an average listing age of 49 days in Jan 2025, up by 36.2% 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
$5,522 Closing Credit¹
#73336671, Lori Pacheco, Listing Office: Anne Whiting Real Estate
New - 1 day on Rocket
$6,282 Closing Credit¹
#73336635, Derek Viveiros, Listing Office: Amaral & Associates RE
New - 1 day on Rocket
$8,311 Closing Credit¹
#73336516, Luis Martins Realty Team, Listing Office: RE/MAX Synergy
New - 1 day on Rocket
$7,303 Closing Credit¹
#73336453, Luis Rodrigues, Listing Office: Realty One Group Dream Makers
New - 1 day on Rocket
$5,105 Closing Credit¹
#73336330, Joanne Berube, Listing Office: Keller Williams Realty
New - 3 days on Rocket
$4,749 Closing Credit¹
#73335940, Courtnee Lemieux, Listing Office: LPT Realty - Home & Key Group
New - 4 days on Rocket
$9,488 Closing Credit¹
#73335642, Team ROSO, Listing Office: RE/MAX Vantage
$4,452 Closing Credit¹
#73334659, Anne Soares, Listing Office: revolv of Dartmouth
$6,720 Closing Credit¹
#73334605, The Mathew J. Arruda Group, Listing Office: Compass
Backup offers
$6,530 Closing Credit¹
#73333929, Luis Amado, Listing Office: ERA The Castelo Group
$4,986 Closing Credit¹
#73333817, Team ROSO, Listing Office: RE/MAX Vantage
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 02/01/2023 - 02/01/2025
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: 2/20/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.