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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedford Hills is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Bedford Hills has remained a Seller's Market.

Key Takeaway

Bedford Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bedford Hills, NY

How much do homes in Bedford Hills, NY cost?

Median Sold Price

$662,500

$371/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$37,500(+6.0%)

Key Takeaway

Homes in Bedford Hills have sold for 6% more than they did a year ago.

Summary: The median home sold price in Bedford Hills was $662,500 in March 2024, up 6% from last year, and the median price per square foot was $371.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $300K$297.5K
-0.8%
2 $562.5K$522.5K
-7.1%
3 $567K$593K
+4.6%
4 $850K$1.6M
+88.2%
5+ $2.1M$3.7M
+78.6%

Summary: Bedford Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 88.2%, and 5+ bedroom homes increased by 78.6%.

Median Sold Price Compared To Nearby Cities

Bedford
+11.6%
Bedford Hills
+6.0%
Mount Kisco
+4.5%
Katonah
-5.9%

Housing Supply in Bedford Hills, NY

How many homes are available in Bedford Hills, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
912+33.3%

Summary: The Bedford Hills real estate market had 12 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 12
+100.0%
4 34
+33.3%
5+ 33
0.0%

Summary: The Bedford Hills 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 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedford Hills, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bedford Hills in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Bedford Hills, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
11 Days92 Days+683.0%

Summary: Homes in Bedford Hills had an average of 92 days on market in Mar 2024, up by 683% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bedford Hills are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Bedford Hills; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 25 Days Ago

Newest Listings in Bedford Hills, NY

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