NEW BEDFORD New Bedford had 182 homes for sale on Thursday morning, up from 178 last Friday, and kept the lowest single-family median asking price on the South Coast. The median was $449,450, about the same as last week's $449,950, or about $309 a square foot.
Sellers listed 13 homes from last Friday through Wednesday, including six on Monday and five on Wednesday, and two homes listed over the summer joined the count, while 11 homes on last week's count dropped off it, either under agreement, off the market or no longer showing the same price on both listing sites SC360 checks.
Where the lower prices are
Of the 65 single-family houses priced under $400,000 anywhere in the 15 towns SC360 covers, 34 were in New Bedford. In all, 78 of the city's 110 single-family listings were under $500,000, and only two were at $1 million or more. The typical house had three bedrooms and about 1,500 square feet. The least expensive was a three-bedroom of 884 square feet at $269,000, and a two-bedroom condo was listed at $174,900.
The city also had 58 two- to four-family houses for sale, at a median ask of about $567,000, along with five condos and nine buildings with five or more units.
Sellers cut prices on 13 homes this week, by a median of $10,000. A three-bedroom house dropped $25,000 to $824,800 on Saturday, a six-bedroom two- to four-family house dropped $20,000 to $499,900 on Tuesday and a four-bedroom house dropped $20,000 to $375,000 on Wednesday. The median listing had been up for about 48 days, and 41 had been on the market for 90 days or more.
Sales and rents
The Massachusetts Association of Realtors counted 38 single-family sales in New Bedford in September, 2.6% fewer than a year earlier, at a median price of $440,000, up 3.2%. Single-family homes for sale in its count were up 44.3% from a year before. Zillow's rent index put the typical New Bedford rent at $1,811 a month in September, up 2.7% from a year earlier.
The monthly cost
A buyer putting 20% down on a house at the median asking price would borrow $359,560. At the 7.24% average 30-year rate Freddie Mac reported Thursday, principal and interest would come to about $2,450 a month, about $20 less than at last week's 7.32% and about $255 more than at the 6.17% average a year ago.
At New Bedford's fiscal 2026 residential rate of $10.95 per $1,000 of value, a house assessed at the median asking price would owe about $4,921 a year in property tax, or about $410 a month. The average single-family bill last year was $4,653, on an average value of $424,920, according to the state Department of Revenue. The city's fiscal 2027 rate is not yet in the state's records.
Label: Reported by us, from the town's posted records.
Notes
Every listing figure comes from SC360's own count of homes for sale on Redfin and Movoto on Thursday morning, Oct. 29, compared with the same count last Friday, Oct. 23. September sales come from the Massachusetts Association of Realtors, the rate from Freddie Mac's Oct. 29 survey and tax figures from the state Department of Revenue, and the rent index from Zillow. We read them on Oct. 29, and the Zillow file on Oct. 23. Payment and tax figures are our arithmetic: principal and interest only, and the tax on a house assessed at the median asking price. We checked each date and weekday against a calendar. No street addresses, owners or brokerages are named. Not heard: no comment was sought for this data story.
Corrections
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Sources (6)
- New Bedford homes for sale, Redfin and Movoto listing searchesSC360's count of active listings that Redfin and Movoto (https://www.movoto.com/new-bedford-ma/) both show at the same asking price, read at 5:45 a.m. Oct. 29, 2026, compared with the same count on the morning of Oct. 23; asking prices, square footage, list dates, days on market and price changes. Read Oct. 29, 2026.
- Primary Mortgage Market Survey (Mortgage Rates)Freddie Mac. U.S. weekly averages as of Oct. 29, 2026: 30-year fixed 7.24% (7.32% a week earlier, 6.17% a year earlier). Read Oct. 29, 2026.
- September 2026, Single-Family Properties, by townMassachusetts Association of Realtors via ShowingTime, linked from marealtor.com/market-data. Closed sales, median sale price and homes for sale, with the change from September 2025. Read Oct. 29, 2026.
- Tax rates by classMassachusetts Department of Revenue, Division of Local Services. Fiscal 2026 and 2027 residential tax rates. Read Oct. 29, 2026.
- Average single-family tax billMassachusetts Department of Revenue, Division of Local Services. Average single-family assessed value and tax bill by fiscal year. Read Oct. 29, 2026.
- Zillow Research data: Zillow Observed Rent IndexZillow. September 2026 rent index by city (file updated Oct. 16, 2026). Read Oct. 23, 2026.