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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedford is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Bedford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bedford, PA

How much do homes in Bedford, PA cost?

Median Sold Price

$146,500

$100/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$133,500(-47.7%)

Key Takeaway

Homes in Bedford have sold for 47.7% less than they did a month ago.

Summary: The median home sold price in Bedford was $146,500 in October 2024, down 47.7% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $280K$239K
-14.6%
4 --
N/A
5+ -$54K
N/A

Summary: Bedford housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bedford
-47.7%
Bedford Township
-47.7%

Housing Supply in Bedford, PA

How many homes are available in Bedford, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1619+18.8%

Summary: The Bedford real estate market had 19 homes for sale in October 2024, a 18.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 1012
+20.0%
4 11
0.0%
5+ 33
0.0%

Summary: The Bedford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was 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. 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, up by 100.0% 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, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days35 Days+250.0%

Summary: Homes in Bedford had an average of 35 days on market in Oct 2024, up by 250% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During October 2024, 2 homes were sold in Bedford; 50% of homes were sold within 30 days, 50% 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, PA

Nearby Markets to Bedford, PA