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 December 2021

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.

How much do homes in Bedford Hills, NY cost?

Median Sold Price

$642,500

$369/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

-$49,500(-7.2%)

Key Takeaway

Homes in Bedford Hills have sold for 7.2% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $260K$282.5K
+8.7%
2 $372.5K$560K
+50.3%
3 $625K$595K
-4.8%
4 $780K$850K
+9.0%
5+ $2.6M$2.6M
-2.8%

Median Sold Price Compared To Nearby Cities

Mount Kisco
+8.2%
Katonah
+6.7%
Bedford
+5.5%
Bedford Hills
-7.2%

How many homes are available in Bedford Hills, NY?

Number of Homes For Sale

Nov 2022Dec 2022%
1614-12.5%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 10
-100.0%
2 43
-25.0%
3 67
+16.7%
4 10
-100.0%
5+ 44
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was 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. 33.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
75 Days23 Days-68.5%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bedford Hills, NY

Number of homes for sale in Bedford Hills, NY real estate market have reached 14. The inventory of homes for sale in Bedford Hills, NY between November 2022 and December 2022 decreased by 12.5%. The median list price of listings available in December 2022 was $642,500, while the average time on the real estate market was 23 days. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 8.7%, prices of 2 bedrooms properties increased by 50.3%, 3 bedrooms properties prices decreased by 4.8%, 4 bedrooms properties prices increased by 9%, the cost of 5 bedrooms properties went down by 2.8%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 100%, 2 bedrooms homes became 25% less available, number of 3 bedrooms homes increased by 16.7%, number of 4 bedrooms homes decreased by 100%, number of 5 bedrooms homes remained the same. In December 2022 more than 1 listings in Bedford Hills, NY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.

Related Housing Market Reports