Observer
Town report

New Bedford

New Bedford has 192 homes for sale. 53% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 17 days, and 52% sold at or above their first asking price.

53%
of homes for sale have cut their price
55
days on the market, typical listing now
50%
of homes sold in the past 12 months went at or above the first asking price

53% sellers in New Bedford have cut their price. That's more than most of Massachusetts.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. New Bedford ranks 45 of 230, where 1 has the most cuts.

New Bedford53%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling just under the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

98.0%
Oct 2025Oct 2026

Multi-family

98.4%
Oct 2025Oct 2026

Condos

95.7%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyMulti-familyCondos
October 202597.0% (43 sales)99.3% (17 sales)– (0 sales)
November 2025100.0% (24 sales)100.7% (32 sales)– (4 sales)
December 2025100.0% (42 sales)100.0% (28 sales)– (1 sales)
January 202698.4% (23 sales)98.0% (21 sales)– (0 sales)
February 202697.8% (19 sales)97.2% (14 sales)– (0 sales)
March 202697.6% (16 sales)100.0% (17 sales)– (2 sales)
April 2026100.0% (26 sales)99.0% (15 sales)– (2 sales)
May 2026100.3% (36 sales)100.0% (11 sales)– (3 sales)
June 202698.6% (37 sales)100.0% (23 sales)96.4% (5 sales)
July 2026100.0% (46 sales)100.0% (14 sales)– (3 sales)
August 2026100.0% (33 sales)100.0% (26 sales)92.9% (5 sales)
September 2026100.0% (38 sales)100.0% (17 sales)95.7% (5 sales)
October 202698.0% (23 sales)98.4% (26 sales)– (3 sales)

New Bedford has 27% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 21 weeks to go under agreement.

Homes for sale

200100
190
Aug 3Oct 26

Offers accepted

2010
11
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 31501316
Aug 101551623
Aug 171631322
Aug 241671221
Aug 311611116
Sep 71651017
Sep 141771124
Sep 211831220
Sep 28187617
Oct 51821211
Oct 12189618
Oct 19193712
Oct 261901118

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$440K364 sales · 17 days to offer · 52% at or above first ask
  • Multi-family$600K241 sales · 23 days to offer · 51% at or above first ask
  • Condos$256K33 sales · 28 days to offer · 27% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family364$440,0001729%52%
Multi-family241$600,0002326%51%
Condos33$256,4002812%27%

A typical two-bedroom in New Bedford leases for $1,650 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 1 bed$1,400Middle half $1,200–$1,800 · 38 leases
  • 2 beds$1,650Middle half $1,500–$1,950 · 52 leases
  • 3 beds$1,900Middle half $1,800–$2,200 · 63 leases
161 leases; 86% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
1 bed38$1,400$1,200–$1,80044
2 beds52$1,650$1,500–$1,95046
3 beds63$1,900$1,800–$2,20043

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.