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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bedford, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bedford, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bedford, VA Housing Market & Real Estate

Balanced market+23.9% YoY

Housing market overview · Updated monthly ·

$302,500median sale price

How is the Bedford, VA housing market right now?

The median home sale price in Bedford, VA is $302,500, up 23.9% year-over-year. Homes sell in an average of 35 days with 29 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Bedford a buyer's or seller's market?

Balanced market3.6 months of supply35 avg. days on market

Bedford, VA is currently a balanced market, based on 3.6 months of supply and homes selling in about 35 days. How we determine this →

Homes sold

8

Last 12 weeks

Days on market

35

Average pace

Active listings

29

3.6 months supply

Sale-to-list

97.4%

Below asking

What does the Bedford housing market data show?

Current housing market statistics for Bedford, VA
MetricValue
Median sale price$302,500
Median list price$315,490
Year-over-year price change+23.9%
Average days on market35 days
Active inventory29 listings
Months of supply3.6 months
Sale-to-list price ratio97.4%
Median price per sq ft$190/sq ft
Homes sold (latest month)8
New listings (latest month)17
Listings with a price cut34.5%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Bedford by property type?

How the Bedford, VA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bedford, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$302,500$190/sq ft624 days
Townhouse$404,900$261/sq ft1122 days

Source: Redfin · Updated monthly

The Bedford housing market is currently classified as a balanced market with a median sale price of $302,500. Prices have risen 23.9% compared to last year, with homes spending an average of 35 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.1x provides context for how home values compare to local earning capacity.

Homes for sale in Bedford

There are currently 29 homes listed for sale in Bedford, Virginia. The median listing price is $315K.

Active listings

29

Homes on market

Median list price

$315K

Avg. days on market

35

Days until sale

New this week

17

Newly listed

Price drops:34.5%of listings
Sale-to-list:97.4%

Who lives in Bedford?

Population

6,703

Median income

$47,697/yr

Median age

43.6 years

Owner-occupied

55.5%

College grads

19.5%

Avg commute

20.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Bedford?

Zillow home value

$289,583

Zillow rent index

$1,035/mo

Price-to-rent ratio

23.3x

Price-to-income

6.1x

Source: Zillow Research

What is it like to live in Bedford?

Bedford is a community of approximately 7K residents with a median age of 43.6 years.The median household income is $47,697, which represents a working-class community with solid middle-income opportunities. 19.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 55.5%, showing a blend of owner and renter-occupied properties. The average commute time is 20.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bedford offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Bedford?

7 schools tracked · 1,998 students

The largest public schools serving Bedford, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Liberty High

Grades 9-12 · 727 students

Public

Liberty Middle

Grades 6-8 · 535 students

Public

Bedford Elementary

Grades 2-5 · 447 students

Public

Bedford Primary

Grades PK-1 · 289 students

Public

Susie G. Gibson Science and Technology Center

Grade range n/a

Vocational

Bedford County Alternative Education Center

Grade range n/a

Alternative

Governor's Health Sciences Academy

Grade range n/a

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Bedford, VA?

Want a head-to-head view? Compare Bedford side-by-side with any other U.S. city using our market-comparison tool.

Is Bedford a good real estate investment market?

For investors evaluating Bedford, the price-to-rent ratio of 23.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 23.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bedford's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bedford's median home price.

Frequently asked questions

What is the average home price in Bedford?

The median home sale price in Bedford is $302,500, up 23.9% from last year.

How long do homes stay on market in Bedford?

Homes typically spend 35 days on market before going under contract.

What is the median income in Bedford?

The median household income is $47,697 per year.

Is Bedford a buyer's or seller's market?

With 3.6 months of supply, Bedford is currently a balanced market.

What is the Zillow home value estimate for Bedford?

The Zillow Home Value Index (ZHVI) for Bedford is $289,583, representing the typical home value in the area.

How much does a single-family home cost in Bedford?

The median single-family home price in Bedford, VA is $302,500 (about $190 per square foot).

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