Median price for residential in as of Dec, 2021.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
83 New Bedford, MA, USA apartments for sale
New Bedford
According to statistics, the population in New Bedford, MA amounts to 95,125, which shows decline 0% compared to the previous year. The median age of the city’s residents is 38. The average household income is $40,626, shifting growth 6% from the past year, and the average property value in New Bedford, MA growth 4% to $211,500 throughout the year.
| Population | 95,125 |
| Median Age | 37.5 |
| Poverty Rate | 23% |
| Household Income | $40,626 |
| Number Of Employees | 43,303 |
| Median Property Value | $211,500 |
Household Income
The average household income in New Bedford, MA grew from $38,178 to $40,626 in the past year. This data is an estimate based upon 39,491 households in New Bedford, MA . The chart below presents how household income is distributed in New Bedford, MA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in New Bedford, MA shifted from $204,100 to $211,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in New Bedford, MA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of New Bedford, MA properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Bedford, MA compared to median property taxes around the country. The prevalent amount of property taxes in New Bedford, MA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in New Bedford, MA, USA
Average sale in New Bedford: $389,909 (+16.7%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| 1 bed for sale | $547,500 | +491.9% |
| 2 bed for sale | $283,033 | +10.5% |
| 3 bed for sale | $348,587 | +2.2% |
| 4+ bed for sale | $416,599 | +10.3% |
During Dec 2021, the average price for an apartment in/near New Bedford, MA increased by 16.7% to $389,909.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $547,500 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $283,033. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $348,587. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $416,599 for a big-family home.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Townhouses for sale | $394,900 | +12.8% |
| Apartments for sale | $68,900 | N/A |
| Condos for sale | $265,625 | +77% |
| Houses for sale | $396,824 | +11.6% |
| Duplexes for sale | $399,900 | +29% |
While assessing the property pricing New Bedford, MA, you can note that it remains flat with a price tag of $68,900. According to statistics, average house is still $396,824 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $265,625. An average value of duplex is $399,900, thus a median price for a duplex remains the same this month. Value of the townhouses didn’t change, the price still starts at $394,900.
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