Bedford, MA01730

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,006,000
1.3% YoY Growth
Median Household Income
$158,000
22.0% 5-Year Growth
Days on Market
31
65.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$3,220
8.1% YoY Growth
1-Bed Rent
$2,850
1.7% YoY Growth
2-Bed Rent
$3,860
2.3% YoY Growth
3-Bed Rent
$4,700
11.9% YoY Growth

Other Zip Codes in Bedford, MA

Property Listings — Bedford, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Bedford, MA is 31. This is a increase of 65.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,130,0002.0%
Listing Count
3490.0%
Listings as % of Homes0.2%90.0%
Days on Market
3165.0%
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Demographics — Bedford, MA

As of the latest ACS Survey released in 2023, Bedford, MA has a population of 14,500, which has increased by 3.0% over the past 5 years. Bedford, MA is a moderately popular place for families, as children make up 22.4% of the population. The area has a highly educated workforce, with 69.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
14,5003.0%
% Under 18
22.4%-12.2%
% Seniors
18.0%1.7%
% WFH
31.8%341.7%
% w/ College Degree
69.4%-2.1%
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As of the latest ACS Survey released in 2023, Bedford, MA is a predominantly white area, with 73.2% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Bedford, MA is asian, making up 16.2% of the population. Foreign-born residents account for 23.3% of the population in Bedford, MA, and this percentage has increased by 32.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
73.2%-3.7%
% Black
2.0%-45.9%
% Hispanic
4.0%11.1%
% Asian
16.2%10.2%
% Foreign Born
23.3%32.4%
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Mortgage and Risk — Bedford, MA

According to HUD data as of 2023, there were 230 mortgage originations in Bedford, MA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Bedford, MA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
230
% Conventional Loans
98.0%
% Government Loans
2.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Bedford, MA

As of 2024, the percent of homes in Bedford, MA under the Section 8 program is 11.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bedford, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
197
Total Units Section 8
197
% Rentals under Section 8
11.6%
% Occupied Section 8
88.5%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$120$2,850$2,730
2 Bedroom-$630$3,860$3,230
3 Bedroom-$810$4,700$3,890
4 Bedroom-$2,220$6,500$4,280

Affordability — Bedford, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.5
Median Home Price$1,006,000
Median Household Income$158,000

Bedford, MA — ZIP Code Boundary Map

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Frequently Asked Questions