Is Bedford, NY 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 November 2023

Since last year, 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, NY

How much do homes in Bedford, NY cost?

Median Sold Price

$1,169,025

$410/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$189,025(+19.3%)

Key Takeaway

Homes in Bedford have sold for 19.3% more than they did a year ago.

Summary: The median home sold price in Bedford was $1,169,025 in November 2024, up 19.3% from last year, and the median price per square foot was $410.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $327.5K$349.5K
+6.7%
2 $577.5K$659K
+14.1%
3 $794.5K$875K
+10.1%
4 $1.3M$1.2M
-2.8%
5+ $2.5M$2.3M
-6.5%

Summary: Bedford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Cities

Bedford Hills
+57.9%
Bedford
+19.3%
Katonah
+13.6%
New Castle
+12.5%
Mount Kisco
+1.1%

Housing Supply in Bedford, NY

How many homes are available in Bedford, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8265-20.7%

Summary: The Bedford real estate market had 65 homes for sale in November 2024, a 20.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 74
-42.9%
3 1813
-27.8%
4 2824
-14.3%
5+ 2822
-21.4%

Summary: The Bedford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1615-6.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 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. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Bedford in November 2024, down by 6.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.

Days on Market for Bedford, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days45 Days+95.2%

Summary: Homes in Bedford had an average of 45 days on market in Nov 2024, up by 95.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bedford are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in Bedford; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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, NY

Nearby Markets to Bedford, NY

What housing markets are near Bedford, NY?