Why Live in New Bedford
New Bedford's rich maritime heritage comes alive at the New Bedford Whaling Museum, America's largest whaling museum, where visitors can explore the half-scale whaling ship Lagoda and extensive exhibits. The cobblestone streets of the New Bedford Whaling National Historical Park transport residents back to the city's seafaring past, while the waterfront buzzes with one of the nation's top-earning commercial fishing ports. Cultural attractions include the Zeiterion Performing Arts Center, which hosts diverse performances, and monthly AHA! nights showcase free arts and cultural events throughout the historic downtown.
The housing market in New Bedford presents diverse options across distinct neighborhoods. Single-family homes in Buttonwood Park command a median price of $483,000, while similar properties in Downtown New Bedford have a median price of $425,000. The South End features single-family homes at a median price of $412,500. Condominiums present more affordable options, with one-bedroom units showing a median price of $141,300 and two-bedroom units at $251,000. The median townhome price sits at $392,500.
Property taxes in Bristol County maintain a 1.11% effective rate, lower than nearby Providence's 1.37%. Massachusetts applies a 5% state income tax rate and a 6.25% sales tax. The city connects to Boston via SRTA bus service, with future commuter rail service planned. Families appreciate Friends Academy, which serves multiple neighborhoods and maintains an A rating. Dartmouth High School, serving Rockdale and Buttonwood Park, holds a B+ rating. Seasonal ferry service to Martha's Vineyard adds convenience for island access, while Fort Taber Park and Buttonwood Park Zoo provide recreational spaces for residents.
Home Trends in New Bedford, MA
On average, homes in New Bedford, MA sell after 35 days on the market compared to the national average of 50 days. The median sale price for homes in New Bedford, MA over the last 12 months is $420,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$420,000
Median Single Family Sale Price
$430,000
Median Townhouse Sale Price
$392,500
Median 2 Bedroom Sale Price
$250,000
Median 1 Bedroom Sale Price
$141,250
Average Price Per Sq Ft
$300
Number of Homes for Sale
42
Last 12 months Home Sales
363
Median List Price
$419,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%