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 October 2023

At the same time last year, Bedford was a Buyer'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

$1,159,512

$409/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$199,512(+20.8%)

Key Takeaway

Homes in Bedford have sold for 20.8% more than they did a year ago.

Summary: The median home sold price in Bedford was $1,159,512 in October 2024, up 20.8% from last year, and the median price per square foot was $409.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $325K$349.5K
+7.5%
2 $577.5K$642.5K
+11.3%
3 $790K$842.5K
+6.6%
4 $1.3M$1.2M
-5.3%
5+ $2.5M$2.3M
-9.4%

Summary: Bedford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 9.4%.

Median Sold Price Compared To Nearby Cities

Bedford
+20.8%
New Castle
+16.1%
Katonah
+14.2%
Mount Kisco
+7.9%

Housing Supply in Bedford, NY

How many homes are available in Bedford, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
99100+1.0%

Summary: The Bedford real estate market had 100 homes for sale in October 2024, a 1.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 109
-10.0%
3 1520
+33.3%
4 4438
-13.6%
5+ 3032
+6.7%

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 decreased by 10%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16160.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

11 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. 68.8% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Bedford in October 2024, the same as the previous month. Of the 16 sold homes, 25% were sold under asking, 6% were sold at asking, and 69% 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

Oct 2023Oct 2024CHANGE
30 Days43 Days+39.8%

Summary: Homes in Bedford had an average of 43 days on market in Oct 2024, up by 39.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 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, 16 homes were sold in Bedford; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 19% 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 6 Days Ago

Newest Listings in Bedford, NY

Nearby Markets to Bedford, NY

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