$2,611 Closing Credit*
$219,900
1,656 SqFt
3 Beds
•2 Full Baths
Julie Jewell, Listing Office: The Danberry Company - Temperance
Is Bedford Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bedford Township has remained a Seller's Market.
Key Takeaway
Bedford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bedford Township, MI
How much do homes in Bedford Township, MI cost?
Median Sold Price
$265,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.9%)
Key Takeaway
Homes in Bedford Township have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Bedford Township was $265,000 in November 2024, up 3.9% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102K | $130K | +27.5% |
| 2 Bedrooms | $185.3K | $177.5K | -4.2% |
| 3 Bedrooms | $231.8K | $250K | +7.8% |
| 4 Bedrooms | $302.5K | $332.5K | +9.9% |
| 5+ Bedrooms | $333K | $281.9K | -15.3% |
Summary: Bedford Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.5%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 15.3%.
Median Sold Price Compared To Nearby Cities
| Lambertville | $255K | $275K | +7.8% |
| Bedford Township | $255K | $265K | +3.9% |
| Temperance | $255K | $263K | +3.1% |
| Erie | $185K | $187.4K | +1.3% |
Housing Supply in Bedford Township, MI
How many homes are available in Bedford Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 106 | 94 | -11.3% |
Summary: The Bedford Township real estate market had 94 homes for sale in November 2024, a 11.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 46 | 43 | -6.5% |
| 4 Bedrooms | 40 | 33 | -17.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Bedford Township 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 6.7%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 35 | +16.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bedford Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Bedford Township in November 2024, up by 16.7% month-over-month. Of the 35 sold homes, 43% were sold under asking, 17% were sold at asking, and 40% were sold over asking.
Days on Market for Bedford Township, MI
How long does it take to sell a home in Bedford Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 45 Days | +21.5% |
Summary: Homes in Bedford Township had an average of 45 days on market in Nov 2024, up by 21.5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bedford Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in Bedford Township; 54% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
