Property prices for sale in New Bedford (Massachusetts)

The prices in real estate in New Bedford, in the Massachusetts region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$315,625.67
Average price last 6 months
$160.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New Bedford has increased during the last 6 months. In December, the average price per sq.feet was $151. In January this price pretty much remained the same at a value of $148 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $149.5 to $161.5 per sq.feet. The price per sq.feet has increased 109 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $155.5 to $169.5 during April, and May.

Average price

Based upon to the price in New Bedford (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $300,206. In January This price remains at $308,618. In the following two months the average price has remained the same with regard to the previous two months from $304,412 to $317,775. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $311,093.5 and $324,690 between April and May.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $327,461 they are 45 % more affordable than the average price for New Bedford. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 1 bedroom priced at $180,333.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $120 / sq.feet, with an average $160 / sq.feet price in New Bedford. The properties with the highest average prices have 1 bedroom. They are 451 % more expensive than the average followed by properties with 4 bedrooms with a price at $120 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $327,461 it is 46 % cheaper than the average price in New Bedford. "Office" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Apartment". At a price of $297,102 it is 8 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $99 / sq.feet followed by "Apartment" priced at $188 / sq.feet. "Office" is the most costly type of property with a $7,534 / sq.feet cost followed by "Duplex" with an average price of $3,388 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in New Bedford
Number of properties used in region Massachusetts
$327,461
$160
2,062
226,662
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value