Is Bedford, PA 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

Last month, Bedford was a Neutral Market.

Key Takeaway

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

Housing Prices in Bedford, PA

How much do homes in Bedford, PA cost?

Median Sold Price

$231,000

$108/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$77,500(+50.5%)

Key Takeaway

Homes in Bedford have sold for 50.5% more than they did a month ago.

Summary: The median home sold price in Bedford was $231,000 in November 2024, up 50.5% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $153.5K$257.5K
+67.8%
3 $239K$230K
-3.8%
4 --
N/A
5+ $54K-
N/A

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 increased by 67.8%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bedford, PA

How many homes are available in Bedford, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The Bedford real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 1213
+8.3%
4 00
0.0%
5+ 31
-66.7%

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 50%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bedford in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bedford, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
36 Days60 Days+66.7%

Summary: Homes in Bedford had an average of 60 days on market in Nov 2024, up by 66.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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, 4 homes were sold in Bedford; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Bedford, PA

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