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Located in the southeastern part of the state of Massachusetts and a city in Bristol County, New Bedford is situated at the mouth of the Acushnet Rivers which is in the south of Boston. The area was first settled by Plymouth colonists and was originally part of Dartmouth. It was developed as a fishing community but has then turned into a small whaling port and became a shipbuilding center. By 1820, the city was already one of the world’s leading whaling ports and was then immortalized in the famous Herman Melville, Moby Dick. With the decline of the whaling industry, the city was shifted into cotton and fabric manufacturing but was adversely affected by the movement of the American textile industry into the southeast part of the country. New Bedford is Cape Cod’s sailing point and continued to be a major fishing port up to the present.

Home Prices

AVERAGE
275,966 +6%
MEDIAN
247,450 +8%

Relative Price (per sqft.)

PRICE
173 +11%

Listings

ACTIVE
49 -6%
NEW
28 -30%

Market Duration

DAYS
63 +8%
Population 95,078 (1.20%)
House Size (sqft.) 1,507 (1.76%)