Is Bedford, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | $62K | $61.2K | -1.3% |
| 2 Bedrooms | $90.5K | $96K | +6.0% |
| 3 Bedrooms | $128.5K | $137K | +6.6% |
| 4 Bedrooms | $149.5K | $164.2K | +9.9% |
| 5+ Bedrooms | $137.5K | $197.5K | +43.6% |
Median Sold Price Compared To Nearby Cities
| Maple Heights | $99.9K | $112.5K | +12.5% |
| Bedford | $124.5K | $139.5K | +12.0% |
How many homes are available in Bedford, OH?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 55 | 53 | -3.6% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 34 | 30 | -11.8% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 13 | 16 | +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
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 2021 | Dec 2022 | % |
|---|---|---|
| 31 Days | 35 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
Key Takeaway
Many homes in Bedford are selling fast, if you're buying plan to act quickly.
