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 buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Bedford County, PA

How much do homes in Bedford County, PA cost?

Median Sold Price

$143,450

$83/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$136,550(-48.8%)

Key Takeaway

Homes in Bedford County have sold for 48.8% less than they did a month ago.

Summary: The median home sold price in Bedford County was $143,450 in October 2024, down 48.8% from last month, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $164K$65K
-60.4%
3 $382.5K$162K
-57.6%
4 $170K$330K
+94.1%
5+ $460K$54K
-88.3%

Summary: Bedford County 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 decreased by 60.4%, 3 bedroom homes decreased by 57.6%, 4 bedroom homes increased by 94.1%, and 5+ bedroom homes decreased by 88.3%.

Median Sold Price Compared To Nearby Counties

Fulton County
+9.8%
Bedford County
-48.8%

Housing Supply in Bedford County, PA

How many homes are available in Bedford County, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5457+5.6%

Summary: The Bedford County real estate market had 57 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 109
-10.0%
3 2425
+4.2%
4 1014
+40.0%
5+ 86
-25.0%

Summary: The Bedford County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 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 County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Bedford County in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
78 Days29 Days-63.0%

Summary: Homes in Bedford County had an average of 29 days on market in Oct 2024, down by 63% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 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 October 2024, 8 homes were sold in Bedford County; 63% of homes were sold within 30 days, 38% 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 County, PA

Nearby Markets to Bedford County, PA

What housing markets are near Bedford County, PA?