The housing market in Bedford, IN is thriving with a median value of $165,300, which is far lower than the US median value of $338,100. This makes Bedford a desirable place to live for potential homebuyers who want to own a home at an affordable cost. In addition, the house appreciation rate over the past year has been 12.85%, which is much higher than the US rate of 8.27%. This indicates that those who invest in real estate in Bedford can expect excellent returns on their investment.
The median home cost in Bedford is $165,300. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Bedford is up 16.7%.
Average Age of Homes
- The median age of Bedford real estate is 58 years old
The Rental Market in Bedford
- Renters make up 34.7% of the Bedford population
- 1.7% of houses and apartments in Bedford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.