Is New Bedford, MA 02744 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

New Bedford is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7Under 4 months = seller’s market
Sold above original list63.6%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$317▲ +26.3% vs. last year

The New Bedford housing market right now

In the three months ending August 31, 2026, 64% of homes in New Bedford, MA 02744 sold above their list price, the typical home went under contract in 28 days and there were 7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 58%, homes sold about as fast and the median sale price fell 19% to $414,821. Overall, New Bedford is more competitive than a year ago, so tougher for buyers.

Within Bristol County, homes here sell more slowly than in 72% of the county’s ZIP codes, and sell more often over asking than in 84%.

Nearby, buyers who want less competition could look at Somerset 02725 (0% sold over asking) or East Freetown 02717 (18% sold over asking), while Attleboro Falls 02763 (80% sold over asking) and Fall River 02724 (70% sold over asking) are even more competitive.

Nearby markets

Acushnet 02743Seller’s market $288 /sq ftAssonet 02702Balanced $293 /sq ftAttleboro 02703Seller’s market $316 /sq ftAttleboro Falls 02763Seller’s market $286 /sq ft Browse all markets →

Where New Bedford is

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Questions about New Bedford real estate

Is New Bedford a buyer’s or seller’s market?

A buyer’s market: there were 7 months of supply in New Bedford, MA 02744 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in New Bedford?

The typical home went under contract in 28 days in the latest three months.

Do homes in New Bedford sell over asking?

64% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in New Bedford?

About 1.07% of a home’s value a year in Bristol County, or roughly $4,280 on a $400,000 home.

What is the median home price in New Bedford?

The median sale price was $414,821 in the three months ending August 31, 2026, about $317 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology