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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedford County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Bedford County was a Neutral Market.

Key Takeaway

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

Housing Prices in Bedford County, PA

How much do homes in Bedford County, PA cost?

Median Sold Price

$231,000

$137/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$73,250(+46.4%)

Key Takeaway

Homes in Bedford County have sold for 46.4% more than they did a month ago.

Summary: The median home sold price in Bedford County was $231,000 in November 2024, up 46.4% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $109.2K$223.7K
+104.8%
3 $162K$214.9K
+32.7%
4 $330K$269K
-18.5%
5+ $431.5K$205K
-52.5%

Summary: Bedford County 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 104.8%, 3 bedroom homes increased by 32.7%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 52.5%.

Housing Supply in Bedford County, PA

How many homes are available in Bedford County, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6461-4.7%

Summary: The Bedford County real estate market had 61 homes for sale in November 2024, a 4.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 108
-20.0%
3 3033
+10.0%
4 1312
-7.7%
5+ 85
-37.5%

Summary: The Bedford County 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 20%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedford County, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Bedford County in November 2024, up by 40.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.

Days on Market for Bedford County, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
29 Days52 Days+82.5%

Summary: Homes in Bedford County had an average of 52 days on market in Nov 2024, up by 82.5% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 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 County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in Bedford County; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 County, PA

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