Search homes for sale in Bedford, known as a historic district with well-preserved colonial houses, a town common, as well as a vibrant commercial district with many shops and restaurants.
The Bedford housing market is highly competitive. On average, homes in Bedford receive three offers and sell within approximately 54 days. Last month, the median sale price for a home in Bedford was $857K, reflecting a 35.2% decrease compared to the previous year. Meanwhile, the median price per square foot rose by 5.5%, reaching $429.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In December 2024, Bedford home prices saw a significant drop of 35.2% compared to the previous year, with a median sale price of $857K. Despite the decline in prices, the market displayed increased efficiency, as homes sold in an average of 54 days, a substantial improvement from the 120-day average recorded in December 2023. Additionally, the number of homes sold rose to 12 this year, compared to just 7 sales during the same period last year. This data suggests a shift in the Bedford housing market dynamics. The shorter time on the market indicates stronger buyer interest or more competitive pricing strategies by sellers, even amid falling prices. The increase in sales volume highlights growing activity, potentially signaling improved market conditions or greater affordability attracting more buyers.
The Bedford housing market is highly competitive, with homes typically selling in just 38 days. Many properties receive multiple offers, and some even close with waived contingencies, reflecting strong buyer demand. On average, homes sell for around the list price and go under contract within 38 days. However, "hot" homes—those in especially high demand—can sell for about 3% above the list price and go pending in as little as 20 days, showcasing the fast-paced nature of this market.
In December 2024, Bedford, MA was a seller's market, meaning the demand for homes exceeded the available supply. This competitive environment often benefits sellers, as buyers face increased competition, which can lead to quicker sales and potentially higher offers. If you're considering selling, now could be an opportune time to maximize your property's value in this market.
Have questions about the Bedford, MA real estate market or ready to start your property search? Peggy is here to help! Whether you're exploring your options or ready to take the next step, Peggy’s expertise and local knowledge can guide you every step of the way. Contact Peggy today to find the perfect home for you!
Dive into our Bedford, MA neighborhood guide to discover everything this charming area has to offer. From top-rated schools and local amenities to dining, shopping, and outdoor adventures, our guide has all the insights you need. Start exploring now and see why Bedford is the perfect place to call home!
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Read MorePeggy has lived in the area since 1992 and has enjoyed raising her family in the community. She brings her considerable attention to detail, commitment to our clients, broad network of connections, professional and technological skills.
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