Town of Bedford Home Prices & Values

$769,500 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 11.9% 1-year change
  • 2.8% 1-year forecast

The median home value in Town of Bedford is $769,500. Town of Bedford home values have gone up 11.9% over the past year and Zillow predicts they will rise 2.8% within the next year. The median list price per square foot in Town of Bedford is $318, which is higher than the New York Metro average of $261. The median price of homes currently listed in Town of Bedford is $999,000 while the median price of homes that sold is $714,882.

Foreclosures will be a factor impacting home values in the next several years. In Town of Bedford 1.7 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.2 and also lower than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Bedford is 12.5%, which is higher than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Bedford homeowners underwater on their mortgage is 7.1%, which is lower than New York Metro at 15.7%.

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Relative ZHVI
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Town of Bedford Market Overview

Data through Jul 31, 2014
  • $769,500 ZHVI
  • 2.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $999,000 Median listing price
  • $714,882 Median sale price
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Town of Bedford Market Health

Data through Jul 31, 2014
  • 4.9/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 7.1% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 12.5% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

1.7 homes(Jun 30, 2014) Town of Bedford
1.2 homes New York Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Armonk $975,900 North Castle $952,600 Pound Ridge $856,600
Chappaqua $790,000 New Castle $714,400 Lewisboro $637,000
Somers Town $589,700 Goldens Bridge $550,300 Mount Kisco $457,800

Listings & Sales

Data through Jul 31, 2014
  • $318 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 45.7% Listings with price cut
23.7%
Sold below listing
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Town of Bedford Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$4,239 Town of Bedford
$2,316 New York Metro
$1,318 United States
  • 5.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $1.79 Rent list price / sq ft
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