Condo Investment Properties for Sale in New Bedford, MA

New Bedford condos represent a compelling opportunity in a gateway city experiencing rapid appreciation and tight market conditions. The market has seen home values rise 1.3% year-over-year with median sale prices at $455K, driven by significant housing supply constraints and strong investor demand. Condos in this market benefit from naturally affordable rental inventory—62% of units rent below 50% of state median income—creating stable tenant bases and consistent cash flow. The city's lowest-in-region asking rents around $1,800 paired with high competition for housing units make condos an attractive entry point for value-focused investors seeking both appreciation and rental yield.