Is Bedford, NY 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 has remained a Buyer's Market.
Housing Prices in Bedford, NY
How much do homes in Bedford, NY cost?
Median Sold Price
$1,025,000
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bedford was $1,025,000 in April 2024, up 6.8% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $349K | +7.4% |
2 Bedrooms | $537.5K | $605K | +12.6% |
3 Bedrooms | $715K | $805K | +12.6% |
4 Bedrooms | $1.2M | $1.4M | +10.8% |
5+ Bedrooms | $2.8M | $2.2M | -23.3% |
Summary: Bedford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 23.3%.
Median Sold Price Compared To Nearby Cities
Bedford Hills | $615K | $780.7K | +27.0% |
Bedford | $960K | $1.0M | +6.8% |
New Castle | $1.1M | $1.1M | +3.4% |
Mount Kisco | $662K | $645K | -2.6% |
Katonah | $925K | $880K | -4.9% |
Housing Supply in Bedford, NY
How many homes are available in Bedford, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 89 | +32.8% |
Summary: The Bedford real estate market had 89 homes for sale in April 2024, a 32.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 11 | 15 | +36.4% |
4 Bedrooms | 25 | 38 | +52.0% |
5+ Bedrooms | 22 | 28 | +27.3% |
Summary: The Bedford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 52%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Bedford in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Bedford, NY
How long does it take to sell a home in Bedford, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 24 Days | -67.6% |
Summary: Homes in Bedford had an average of 24 days on market in Apr 2024, down by 67.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Bedford; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.