$365,000
1,350 SqFt
2 Beds
•2 Full Baths
Tina Friar, Listing Office: Keller Williams
October 2024
Report Updated 4 Days Ago
Is Bedford County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bedford County has remained a Seller's Market.
How much do homes in Bedford County, VA cost?
$394,964
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Bedford County was $394,964 in October 2024, up 6.6% from last year, and the median price per square foot was $185.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $203K | +16.0% |
2 Bedrooms | $285K | $317.4K | +11.4% |
3 Bedrooms | $330.2K | $350K | +6.0% |
4 Bedrooms | $500.3K | $502K | 0.3% |
5+ Bedrooms | $635K | $729.9K | +15.0% |
Summary: Bedford County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 15%.
Roanoke County | $299.6K | $324.1K | +8.2% |
Botetourt County | $335K | $359.9K | +7.5% |
Bedford County | $370.3K | $394.9K | +6.6% |
Amherst County | $246.5K | $262.5K | +6.5% |
Campbell County | $268K | $269.9K | +0.7% |
How many homes are available in Bedford County, VA?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
458 | 499 | +9.0% |
Summary: The Bedford County real estate market had 499 homes for sale in October 2024, a 9.0% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 12 | -14.3% |
2 Bedrooms | 51 | 59 | +15.7% |
3 Bedrooms | 217 | 234 | +7.8% |
4 Bedrooms | 128 | 140 | +9.4% |
5+ Bedrooms | 48 | 54 | +12.5% |
Summary: The Bedford County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 12.5%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
96 | 94 | -2.1% |
50 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 94 homes were sold or pending in Bedford County in October 2024, down by 2.1% month-over-month. Of the 94 sold homes, 53% were sold under asking, 26% were sold at asking, and 21% were sold over asking.
How long does it take to sell a home in Bedford County, VA?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
29 Days | 40 Days | +36.5% |
Summary: Homes in Bedford County had an average of 40 days on market in Oct 2024, up by 36.5% compared to last year.
30 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During October 2024, 94 homes were sold in Bedford County; 32% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago
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Based on information from Roanoke Valley Association of Realtors MLS, Lynchburg MLS, BrightMLS, Central Virginia Regional MLS, and Real Estate Information Network for the period 11/01/2022 - 11/01/2024
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Last updated on: 11/5/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 11/5/2024, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 11/5/2024, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 11/5/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 11/5/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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