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Featured local agent — New Bedford, PA
Sarah Mitchell
Compass Real Estate · New Bedford, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Bedford, PA Housing Market
The last median sale price Redfin published was $275,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 72 days, New Bedford is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $275,000 home is about $1,468/mo in principal and interest.
Key numbers for New Bedford, PA
Median sale price
$275,000
Last published period
Redfin, through May 2026
Days on market
72
Slow-moving
Redfin, through May 2026
Active listings
1
1.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$76,136
Home costs 3.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.5%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is New Bedford a buyer's or seller's market?
New Bedford, PA is a seller's market, based on 1.0 months of supply and homes selling in about 72 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the New Bedford housing market data show?
Every row below is Redfin's final published month for New Bedford, PA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $275,000 |
| Median list price | $239,900 |
| Median price per sq ft | $165/sq ft |
| Median days on market | 72 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 96.5% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for New Bedford is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in New Bedford is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have New Bedford home prices moved?
Across the 33 months we hold for New Bedford, PA, the median sale price rose 72.0%, from $159,900 in May 2021 to $275,000. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 96.5%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in New Bedford?
Priced off the median sale price of $275,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $55,000 | $220,000 | $1,468/mo |
| 5% | $13,750 | $261,250 | $1,743/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,468, that implies roughly $62,919 a year before you add taxes and insurance. The median household in New Bedford earns $76,136, about $13,217 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.6x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in New Bedford in the next 12 months?
Tell us your timeline. We send the New Bedford market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in New Bedford?
Zillow does not publish a rent index (ZORI) for New Bedford, PA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in New Bedford?
Active listings in New Bedford, PA went from 4 in February 2024 to 1 in May 2026, a -75.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| March 2024 | 3 | 1 |
| April 2024 | 3 | 1 |
| June 2024 | 3 | 1 |
| July 2024 | 1 | not published |
| August 2024 | 2 | 1 |
| June 2025 | 6 | not published |
| July 2025 | 7 | 1 |
| September 2025 | 3 | not published |
| December 2025 | 2 | not published |
| March 2026 | 2 | 2 |
| April 2026 | 1 | not published |
| May 2026 | 1 | 1 |
Redfin, through May 2026
How does New Bedford compare to Pennsylvania and the U.S.?
New Bedford homes sell for $275,000 — 17% below the Pennsylvania median of $330,200. Against the national median of $410,700, New Bedford runs 33% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| New Bedford, PA | $275,000 | not published | 72 days |
| Pennsylvania statewide | $330,200 | +5.3% | 30 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in New Bedford
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $275 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $275,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median New Bedford listing goes under contract in 72 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 96.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month New Bedford added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside New Bedford varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in New Bedford
There are currently 1 homes listed for sale in New Bedford, Pennsylvania. The median listing price is $240K.
Active listings
1
Homes on market
Median list price
$240K
Avg. days on market
72
Days until sale
New this week
1
Newly listed
How much do homes cost in New Bedford by property type?
How the New Bedford, PA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $275,000 | $165/sq ft | 1 | 72 days |
Who lives in New Bedford?
American Community Survey estimates for New Bedford. U.S. Census ACS, 2023
Population
936
Households
318
Median income
$76,136/yr
Median age
38.6 years
Owner-occupied
91.5%
Median home value
$167,100
Mean commute
24.4 min
91.5% of occupied homes in New Bedford are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near New Bedford, PA?
Ordered by distance from New Bedford, not by size. Compare New Bedford side by side with any of them.
New Bedford housing market FAQ
Is New Bedford a buyer's or seller's market?
New Bedford, PA is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 72 days, and sellers getting 96.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in New Bedford?
The median sale price in the last month Redfin published was $275,000, about $165 per square foot.
Is New Bedford cheaper than the rest of Pennsylvania?
New Bedford's median sale price of $275,000 is 17% lower than the Pennsylvania statewide median of $330,200, and 33% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in New Bedford?
Homes in New Bedford, PA spent a median of 72 days on market before going under contract, versus 30 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in New Bedford?
At the current 30-year fixed rate of 7.03%, 20% down on a $275,000 home is about $1,468 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $62,919 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $76,136.
Are home prices rising in New Bedford?
We do not hold a complete 12-month value series for New Bedford, PA yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in New Bedford?
New Bedford ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in New Bedford?
That depends on your timeline, not on a headline. What the data says today: New Bedford, PA is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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