The housing market in 02744 New Bedford, MA is doing quite well compared to the national average. The median value of a house in this area is $346,400, which is higher than the US median value of $338,100. During the past year, houses in 02744 New Bedford have appreciated by 10.36%, which is more than the 8.27% appreciation rate for houses nationwide. This indicates that investing in real estate in 02744 New Bedford could be a lucrative endeavor.
The median home cost in New Bedford (zip 02744) is $346,400. Home appreciation the last 10 years has been 82.8%. Home Appreciation in New Bedford (zip 02744) is up 12.9%.
Average Age of Homes
- The median age of New Bedford (zip 02744) real estate is 78 years old
The Rental Market in New Bedford (zip 02744)
- Renters make up 51.6% of the New Bedford (zip 02744) population
- 2.1% of houses and apartments in New Bedford (zip 02744), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.