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 April 2023

At the same time last year, Bedford Hills was a Buyer's Market.

Key Takeaway

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

Housing Prices in Bedford Hills, NY

How much do homes in Bedford Hills, NY cost?

Median Sold Price

$780,750

$370/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$165,750(+27.0%)

Key Takeaway

Homes in Bedford Hills have sold for 27% more than they did a year ago.

Summary: The median home sold price in Bedford Hills was $780,750 in April 2024, up 27% from last year, and the median price per square foot was $370.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $325K$309.5K
-4.8%
2 $562.5K$555K
-1.3%
3 $586.5K$586.5K
0.0%
4 $840K$1.6M
+90.5%
5+ $2.8M$3.1M
+12.1%

Summary: Bedford Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 90.5%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Cities

Bedford Hills
+27.0%
Bedford
+6.8%
Mount Kisco
-2.6%
Katonah
-4.9%

Housing Supply in Bedford Hills, NY

How many homes are available in Bedford Hills, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1219+58.3%

Summary: The Bedford Hills real estate market had 19 homes for sale in April 2024, a 58.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 22
0.0%
3 22
0.0%
4 48
+100.0%
5+ 35
+66.7%

Summary: The Bedford Hills 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedford Hills, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Bedford Hills in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Bedford Hills, NY

How long does it take to sell a home in Bedford Hills, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days22 Days-36.0%

Summary: Homes in Bedford Hills had an average of 22 days on market in Apr 2024, down by 36% compared to last year.

Breakdown of Home Sale Times

4 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.

Summary: During April 2024, 5 homes were sold in Bedford Hills; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 16 Days Ago

Newest Listings in Bedford Hills, NY

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