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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedford is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Bedford, OH cost?

Median Sold Price

$139,500

$84/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$15,000(+12.0%)

Key Takeaway

Homes in Bedford have sold for 12% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $62K$61.2K
-1.3%
2 $90.5K$96K
+6.0%
3 $128.5K$137K
+6.6%
4 $149.5K$164.2K
+9.9%
5+ $137.5K$197.5K
+43.6%

Median Sold Price Compared To Nearby Cities

Maple Heights
+12.5%
Bedford
+12.0%

How many homes are available in Bedford, OH?

Number of Homes For Sale

Nov 2022Dec 2022%
5553-3.6%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 46
+50.0%
3 3430
-11.8%
4 1110
-9.1%
5+ 67
+16.7%

Number of Homes Sold

Nov 2022Dec 2022%
1316+23.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedford, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
31 Days35 Days+13.5%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 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 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, OH

Number of homes for sale in Bedford, OH real estate market have reached 53. Between November 2022 and December 2022, Bedford, OH real estate market has seen decrease in the number of listings by 3.6%. In December 2022 median list price was $139,500 and the average listing age was 35 days. Real estate listing prices changed between November 2022 and December 2022: 1 bedroom properties prices decreased by 1.3%, prices of 2 bedrooms properties went up by 6%, the cost of 3 bedrooms properties went up by 6.6%, 4 bedrooms properties became 9.9% more expensive, the cost of 5 bedrooms properties went up by 43.6%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 50%, the quantity of 3 bedrooms homes went down by 11.8%, 4 bedrooms homes inventory decreased by 9.1%, volume of 5 bedrooms homes went up by 16.7%. In December 2022 more than 4 listings in Bedford, OH were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 12 were sold below.

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