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Featured local agent — New Bedford, IL
Sarah Mitchell
Compass Real Estate · New Bedford, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Bedford, IL Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $140,250 |
| Average days on market | 74 days |
| Sale-to-list price ratio | 90.8% |
| Median price per sq ft | $102/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Buyer'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $140,250 | $102/sq ft | 2 | 74 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.
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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