Bedford Metro Area, IN Housing

The housing market in Bedford, IN Metro Area has experienced an impressive growth over the past year. The median value of housing in this area is $177,500, significantly lower than the national median value of $338,100. However, what makes this statistic particularly noteworthy is that the 1-year appreciation rate for housing in Bedford, IN Metro Area is 13.98%, much higher than the national average of 8.27%. This speaks to a strong and vibrant local economy that has led to a greater demand for housing and increased prices overall.

The median home cost in Bedford Metro Area is $177,500. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Bedford Metro Area is up 16.7%.

Average Age of Homes

- The median age of Bedford Metro Area real estate is 40 years old

The Rental Market in Bedford Metro Area

- Renters make up 19.0% of the Bedford Metro Area population
- 1.0% of houses and apartments in Bedford Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bedford, Indiana	United States
	20,560.0	139,647,020.0
	46	42
	$177,500	$338,100
	16.7%	16.6%
	58.6%	57.0%
	87.2%	101.1%
	$7.25	$10.98
	$903	$2,690
	72.9%	57.4%
	8.9%	11.2%
	18.2%	31.4%
Vacant Housing
	1.0%	1.9%
	0.6%	0.4%
	1.2%	0.7%
	0.6%	0.4%
	0.8%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	3.2%	2.4%
	6.8%	2.8%
	10.7%	3.9%
	11.1%	4.5%
	23.0%	11.3%
	18.1%	13.0%
	16.0%	20.1%
	4.2%	13.6%
	1.9%	8.3%
	0.9%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.1%	13.6%
	13.1%	13.6%
	15.1%	13.6%
	10.6%	13.2%
	11.9%	14.8%
	15.1%	13.6%
	10.7%	10.0%
	4.1%	4.7%
	18.6%	12.2%

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