Is Bedford Hills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bedford Hills was a Neutral Market.
Key Takeaway
Bedford Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bedford Hills, NY
How much do homes in Bedford Hills, NY cost?
Median Sold Price
$850,500
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bedford Hills have sold for 38.3% more than they did a year ago.
Summary: The median home sold price in Bedford Hills was $850,500 in May 2024, up 38.3% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $309.5K | -4.8% |
| 2 Bedrooms | $562.5K | $555K | -1.3% |
| 3 Bedrooms | $606K | $590K | -2.6% |
| 4 Bedrooms | $850K | $1.7M | +105.6% |
| 5+ Bedrooms | $2.3M | $3.7M | +63.0% |
Summary: Bedford Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 105.6%, and 5+ bedroom homes increased by 63%.
Median Sold Price Compared To Nearby Cities
| Bedford Hills | $615K | $850.5K | +38.3% |
| Bedford | $962.5K | $1.0M | +4.9% |
| Katonah | $899K | $917.2K | +2.0% |
| Mount Kisco | $667.7K | $667K | -0.1% |
Housing Supply in Bedford Hills, NY
How many homes are available in Bedford Hills, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The Bedford Hills real estate market had 17 homes for sale in May 2024, a 5.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Bedford Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bedford Hills, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Bedford Hills in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bedford Hills, NY
How long does it take to sell a home in Bedford Hills, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 20 Days | 6 Days | -66.7% |
Summary: Homes in Bedford Hills had an average of 6 days on market in May 2024, down by 66.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bedford Hills are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Bedford Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.