Bedford, NY—10506
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bedford, NY
As of Oct '25, the median home price in Bedford, NY is $1,572,000, with a year-over-year change of 5.9%. This indicates that home prices in Bedford, NY are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,572,000 | 5.9% |
| Single Family | $1,572,000 | 6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $1,178,000 | 5.6% |
4 Bed | $1,552,000 | 5.5% |
| 5 Bed | $2,623,000 | 8.1% |
% of Housing Stock
Rental Trends — Bedford, NY
As of July '25, Rentcast reports the average rent in Bedford, NY is $6,450, with a year-over-year rent change of 33.8%. Per bedroom, the median rent as of July '25 in Bedford, NY is studios: $3,500, 1-bedrooms: $2,400, 3-bedrooms: $8,500, 4-bedrooms: $7,900. The most common rental property sizes in Bedford, NY are 2-bedroom and 3-bedroom, accounting for 53.4% and 41.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $7,000 | $6,450 |
| Studio Rent | $3,500 | $3,500 |
| 1 Bed Rent | $2,400 | $2,400 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $8,000 | $8,500 |
| 4 Bed Rent | $7,000 | $7,900 |
% of Rental Stock
Property Listings — Bedford, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Bedford, NY is 66. This is a increase of 49.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,490,000 | 22.0% |
Listing Count | 31 | 74.0% |
| Listings as % of Homes | 0.9% | 74.0% |
Days on Market | 66 | 49.0% |
Demographics — Bedford, NY
As of the latest ACS Survey released in 2023, Bedford, NY has a population of 6,250, which has increased by 9.7% over the past 5 years. Bedford, NY is a popular place for families, as children make up 26.8% of the population. The area has a highly educated workforce, with 86.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,250 | 9.7% |
% Under 18 | 26.8% | -3.6% |
% Seniors | 15.8% | -12.2% |
% WFH | 27.2% | 71.1% |
% w/ College Degree | 86.0% | 12.9% |
As of the latest ACS Survey released in 2023, Bedford, NY is a predominantly white area, with 84.5% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Bedford, NY is hispanic, making up 8.3% of the population. Foreign-born residents account for 7.0% of the population in Bedford, NY, and this percentage has decreased by 7.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.5% | -8.5% |
% Black | 1.9% | 850.0% |
% Hispanic | 8.3% | 176.7% |
% Asian | 2.4% | -36.8% |
% Foreign Born | 7.0% | -7.9% |
Mortgage and Risk — Bedford, NY
According to HUD data as of 2023, there were 65 mortgage originations in Bedford, NY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Bedford, NY. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Bedford, NY
Bedford, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,370 | $2,400 | $3,770 |
| 2 Bedroom | N/A | N/A | $4,170 |
| 3 Bedroom | -$2,800 | $8,000 | $5,200 |
| 4 Bedroom | -$1,390 | $7,000 | $5,610 |
Affordability — Bedford, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $1,572,000 |
| Median Household Income | $250,000 |