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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedford is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Bedford was a Seller's Market.

Key Takeaway

Bedford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bedford, NY

How much do homes in Bedford, NY cost?

Median Sold Price

$1,134,512

$409/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$174,512(+18.2%)

Key Takeaway

Homes in Bedford have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in Bedford was $1,134,512 in September 2024, up 18.2% from last year, and the median price per square foot was $409.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $327.5K$349.5K
+6.7%
2 $612K$642.5K
+5.0%
3 $770K$843K
+9.5%
4 $1.2M$1.2M
-1.2%
5+ $2.5M$2.2M
-10.1%

Summary: Bedford housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 10.1%.

Median Sold Price Compared To Nearby Cities

Bedford
+18.2%
New Castle
+16.2%
Katonah
+14.6%
Mount Kisco
+6.3%

Housing Supply in Bedford, NY

How many homes are available in Bedford, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
104100-3.8%

Summary: The Bedford real estate market had 100 homes for sale in September 2024, a 3.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 2116
-23.8%
4 4243
+2.4%
5+ 3231
-3.1%

Summary: The Bedford housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 3.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2316-30.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedford, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Bedford in September 2024, down by 30.4% month-over-month. Of the 16 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.

Days on Market for Bedford, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
28 Days42 Days+51.4%

Summary: Homes in Bedford had an average of 42 days on market in Sep 2024, up by 51.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

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

Summary: During September 2024, 16 homes were sold in Bedford; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 30 Days Ago

Newest Listings in Bedford, NY

Nearby Markets to Bedford, NY

What housing markets are near Bedford, NY?