New Bedford, MA Real Estate
According to census data in the year 2000 there were 41,511 housing units in New Bedford.
This represents a 0.6% decline from 41,760 in 1990.
Of those housing units, 41,353 were located in either urbanized areas or urban clusters, and 158 were located in what is classified as a rural area.
Homeownership rate in New Bedford is about 43.8%.
New Bedford's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in New Bedford were built after 1941.
|Housing Units by Size|
|Five Bedrooms or more||2.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1942|
|Median Value of occupied units||$113,500|
|Median Price asked for vacant units||$108,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.23|
|Median year structure was built||1940|
|Median Monthly Rent asked for vacant units||$392|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||7.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.7%|