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Featured local agent — New Bedford, IL

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Sarah Mitchell

CNESRESABR

Compass Real Estate · New Bedford, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Bedford, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Bedford, IL Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$140,250median sale price

How is the New Bedford, IL housing market right now?

The median home sale price in New Bedford, IL is $140,250. Homes sell in an average of 74 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of September 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Buyer's market74 avg. days on market

New Bedford, IL is currently a buyer's market and homes selling in about 74 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

74

Average pace

Active listings

Sale-to-list

90.8%

Below asking

What does the New Bedford housing market data show?

Current housing market statistics for New Bedford, IL
MetricValue
Median sale price$140,250
Average days on market74 days
Sale-to-list price ratio90.8%
Median price per sq ft$102/sq ft
Homes sold (latest month)2
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in New Bedford by property type?

How the New Bedford, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in New Bedford, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$140,250$102/sq ft274 days

Source: Redfin · Updated monthly

The New Bedford housing market is currently classified as a buyer's market with a median sale price of $140,250. Prices have fallen 0.0% compared to last year, with homes spending an average of 74 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in New Bedford

Explore homes currently listed for sale in New Bedford, Illinois across major real estate platforms.

Sale-to-list:90.8%

Who lives in New Bedford?

Population

48

Median age

62.5 years

Owner-occupied

84.8%

College grads

2.3%

Avg commute

33.6 min

Source: U.S. Census Bureau ACS

What is it like to live in New Bedford?

New Bedford is a community of approximately 0K residents with a median age of 62.5 years. 2.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 84.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, New Bedford offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near New Bedford, IL?

Want a head-to-head view? Compare New Bedford side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in New Bedford?

The median home sale price in New Bedford is $140,250, down 0.0% from last year.

How long do homes stay on market in New Bedford?

Homes typically spend 74 days on market before going under contract.

How much does a single-family home cost in New Bedford?

The median single-family home price in New Bedford, IL is $140,250 (about $102 per square foot).

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