Is New Bedford, MA 02745 a buyer’s or seller’s market?
New Bedford is a seller’s market. With about 2.1 months of supply and 41% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 82% of U.S. ZIP codes, and #245 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The New Bedford housing market right now
In the three months ending August 31, 2026, 41% of homes in New Bedford, MA 02745 sold above their list price, the typical home went under contract in 25 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 58 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 47%, homes sold more slowly (22 days then) and the median sale price rose 6% to $472,296. Overall, New Bedford is less competitive than a year ago, which gives buyers more room.
Within Bristol County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, New Bedford ranks #245 of 362 MA ZIP codes with enough sales (score 77 out of 100).
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.
Run the numbers for 02745
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 →Towns like New Bedford nearby
Find towns like New Bedford in other states →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 seller’s market: there were 2.1 months of supply in New Bedford, MA 02745 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 25 days in the latest three months.
Do homes in New Bedford sell over asking?
41% of homes sold above their original list price, and the typical sale closed at 100.0% 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 $472,296 in the three months ending August 31, 2026, about $316 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