Is Bedford Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bedford Township has remained a Seller's Market.
Key Takeaway
Bedford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bedford Township, OH
How much do homes in Bedford Township, OH cost?
Median Sold Price
$175,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bedford Township have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Bedford Township was $175,000 in April 2024, up 16.7% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $61.2K | $75K | +22.5% |
| 2 Bedrooms | $103K | $122.7K | +19.2% |
| 3 Bedrooms | $148K | $175K | +18.2% |
| 4 Bedrooms | $172K | $191K | +11.0% |
| 5+ Bedrooms | $190K | $220K | +15.8% |
Summary: Bedford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Bedford Township | $150K | $175K | +16.7% |
| Lodi Township | $249K | $233K | -6.4% |
Housing Supply in Bedford Township, OH
How many homes are available in Bedford Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 74 | 72 | -2.7% |
Summary: The Bedford Township real estate market had 72 homes for sale in April 2024, a 2.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 44 | 47 | +6.8% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Bedford Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bedford Township, you could pay more than the asking price. 56.5% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Bedford Township in April 2024, up by 21.1% month-over-month. Of the 23 sold homes, 26% were sold under asking, 17% were sold at asking, and 57% were sold over asking.
Days on Market for Bedford Township, OH
How long does it take to sell a home in Bedford Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 65 Days | 31 Days | -51.7% |
Summary: Homes in Bedford Township had an average of 31 days on market in Apr 2024, down by 51.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bedford Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 23 homes were sold in Bedford Township; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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