Bedford, KY is a great place to live and invest in real estate. The median value of housing in Bedford, KY is $188,800, which is much lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in Bedford is 12.20%, which is higher than the US average of 8.27%. This makes it an especially attractive market for those looking to purchase a property and benefit from potential gains in the near future.
The median home cost in Bedford is $188,800. Home appreciation the last 10 years has been 74.3%. Home Appreciation in Bedford is up 14.0%.
Average Age of Homes
- The median age of Bedford real estate is 50 years old
The Rental Market in Bedford
- Renters make up 44.6% of the Bedford population
- 5.5% 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.