The housing situation in 02746 New Bedford, MA has been improving steadily. The median value of a house in 02746 is currently $337,500, which is slightly lower than the US median value of $338,100. However, the appreciation rate for New Bedford houses over the past year has been 10.36%, which is higher than the overall US house appreciation rate of 8.27%. This suggests that homes in 02746 are becoming increasingly valuable and represent an attractive investment opportunity.
The median home cost in New Bedford (zip 02746) is $337,500. Home appreciation the last 10 years has been 82.8%. Home Appreciation in New Bedford (zip 02746) is up 12.9%.
Average Age of Homes
- The median age of New Bedford (zip 02746) real estate is 78 years old
The Rental Market in New Bedford (zip 02746)
- Renters make up 67.5% of the New Bedford (zip 02746) population
- 3.7% of houses and apartments in New Bedford (zip 02746), 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.