Is Bedford Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bedford Township has remained a Seller's Market.
Housing Prices in Bedford Township, OH
How much do homes in Bedford Township, OH cost?
Median Sold Price
$175,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bedford Township was $175,000 in May 2024, up 15.1% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $61.2K | $75K | +22.5% |
2 Bedrooms | $104K | $123.6K | +18.8% |
3 Bedrooms | $150K | $175K | +16.7% |
4 Bedrooms | $177K | $189.4K | +7.1% |
5+ Bedrooms | $193.7K | $222.5K | +14.8% |
Summary: Bedford Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 14.8%.
Median Sold Price Compared To Nearby Cities
Bedford Township | $152K | $175K | +15.1% |
Jefferson Township | $172.5K | $175K | +1.4% |
Jackson Township | $187.4K | $188K | 0.3% |
Housing Supply in Bedford Township, OH
How many homes are available in Bedford Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
78 | 85 | +9.0% |
Summary: The Bedford Township real estate market had 85 homes for sale in May 2024, a 9.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 50 | 54 | +8.0% |
4 Bedrooms | 18 | 20 | +11.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bedford Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 21 | -8.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Bedford Township in May 2024, down by 8.7% month-over-month. Of the 21 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.
Days on Market for Bedford Township, OH
How long does it take to sell a home in Bedford Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 41 Days | +23.1% |
Summary: Homes in Bedford Township had an average of 41 days on market in May 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Bedford Township; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.