New Bedford, Pennsylvania has a median housing value of $104,500, which is much lower than the national median housing value of $338,100. However, over the last year, house appreciation in New Bedford is even higher than the US average 1-year appreciation rate of 8.27%, standing at 10.29%. This indicates that the real estate market in New Bedford is on an upward trend and has been growing steadily. Investing in homes in this city can be quite lucrative and could yield great returns for those looking to buy or invest.
The median home cost in New Bedford (zip 16140) is $104,500. Home appreciation the last 10 years has been 57.9%. Home Appreciation in New Bedford (zip 16140) is up 15.7%.
Average Age of Homes
- The median age of New Bedford (zip 16140) real estate is 61 years old
The Rental Market in New Bedford (zip 16140)
- Renters make up 25.4% of the New Bedford (zip 16140) population
- 0.0% of houses and apartments in New Bedford (zip 16140), 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.