Is Bedford, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedford is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bedford has remained a Seller's Market.

Key Takeaway

Bedford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bedford, IN

How much do homes in Bedford, IN cost?

Median Sold Price

$198,000

$137/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$11,000(-5.3%)

Key Takeaway

Homes in Bedford have sold for 5.3% less than they did a month ago.

Summary: The median home sold price in Bedford was $198,000 in November 2024, down 5.3% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $140.4K$138K
-1.7%
3 $210K$221.2K
+5.3%
4 $459.9K$184K
-60.0%
5+ $625K$345K
-44.8%

Summary: Bedford housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 44.8%.

Median Sold Price Compared To Nearby Cities

Bedford
-5.3%
Shawswick Township
-10.5%

Housing Supply in Bedford, IN

How many homes are available in Bedford, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
136145+6.6%

Summary: The Bedford real estate market had 145 homes for sale in November 2024, a 6.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2321
-8.7%
3 7984
+6.3%
4 2531
+24.0%
5+ 88
0.0%

Summary: The Bedford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 24%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2925-13.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedford, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Bedford in November 2024, down by 13.8% month-over-month. Of the 22 sold homes, 50% were sold under asking, 32% were sold at asking, and 18% were sold over asking.

Days on Market for Bedford, IN

How long does it take to sell a home in Bedford, IN?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bedford has remained consistent over time.

Summary: During November 2024, 25 homes were sold in Bedford; 0% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Bedford, IN

Nearby Markets to Bedford, IN

What housing markets are near Bedford, IN?