$57,520
1.44 Acres
Land
Listing Office: Realty Advanced
Is Bedford, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bedford has remained a Neutral Market.
Key Takeaway
Bedford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bedford, KY
How much do homes in Bedford, KY cost?
Median Sold Price
$230,750
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,250(+5.1%)
Key Takeaway
Homes in Bedford have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Bedford was $230,750 in October 2024, up 5.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320K | $150K | -53.1% |
| 2 Bedrooms | $211.2K | $227.5K | +7.7% |
| 3 Bedrooms | $213K | $228.5K | +7.3% |
| 4 Bedrooms | $264.9K | $241.5K | -8.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Bedford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes did not change.
Housing Supply in Bedford, KY
How many homes are available in Bedford, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The Bedford real estate market had 13 homes for sale in October 2024, a 18.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bedford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
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 2 homes were sold or pending in Bedford in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Bedford, KY
We’re sorry, we don't have information for this market at the moment
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