Market Intelligence · MA / New Bedford

New Bedford, MA 02740 Housing Market

A typical home in New Bedford's 02740 ZIP code is worth $431,799, up 3.4% over the past year. The median list price is $446,950, and homes are taking 45 days to sell. Thirty-seven homes are currently on the market.

Updated August 2026Median value$430K

The median home value in New Bedford, MA 02740 is $430K as of August 2026, up 3.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 02740 range

$395K to $464K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.6% over 12 months

Typical home value in 02740 over the last 12 months: $415K in Aug 2025 to $430K in Aug 2026 (+3.6%).

Aug 2025$415K

Aug 2026$430K

The numbers

What is the 02740 housing market like?

Typical home value

$430K

Up3.6%YoY

Median list price

$447K

Up5.3%MoM

Days on market

45

Down8.2%MoM

Homes for sale

37

Down7.5%MoM

Price cuts

16.2%

Down27.4%MoM

New listings

20

Flat0.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 02740 home prices compare?

  • 02740$429,794
  • New Bedford$442,627
  • Massachusetts$615,457
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (New Bedford: 4 ZIPs; Massachusetts: 484 ZIPs; United States: 26,265 ZIPs).

Context

New listings have added 20 homes to the 02740 inventory as of early August 2026. With 37 homes for sale and a median time of 45 days on market, the pace of sales appears moderate. About 16.2% of listings have seen price reductions, suggesting some sellers are adjusting to market conditions. The median list price of $446,950 sits slightly above the typical home value of $431,799. For sellers, this market offers reasonable activity but requires realistic pricing from the start.

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