Is Bedford, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$1,070,000
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bedford have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Bedford was $1,070,000 in March 2024, up 11.6% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $325K | 0.0% |
| 2 Bedrooms | $540K | $608.5K | +12.7% |
| 3 Bedrooms | $715K | $805K | +12.6% |
| 4 Bedrooms | $1.2M | $1.3M | +12.1% |
| 5+ Bedrooms | $2.5M | $2.2M | -8.5% |
Summary: Bedford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Bedford | $958.5K | $1.0M | +11.6% |
| Bedford Hills | $625K | $662.5K | +6.0% |
| Mount Kisco | $660K | $690K | +4.5% |
| New Castle | $1.1M | $1.1M | 0.4% |
| Katonah | $927.5K | $872.8K | -5.9% |
Housing Supply in Bedford, NY
How many homes are available in Bedford, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 63 | +16.7% |
Summary: The Bedford real estate market had 63 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 21 | 23 | +9.5% |
| 5+ Bedrooms | 20 | 25 | +25.0% |
Summary: The Bedford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bedford, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Bedford in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 56 Days | 106 Days | +87.4% |
Summary: Homes in Bedford had an average of 106 days on market in Mar 2024, up by 87.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bedford are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 9 homes were sold in Bedford; 33% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.