Bedford, KY 40006 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bedford, KY—40006

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$233,000

10.4% YoY Growth

Household Income

$60,200

20.4% YoY Growth

Days on Market

85

39.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$750

46.9% YoY Growth

1-Bed Rent

$750

N/A

2-Bed Rent

$950

40.6% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Bedford, KY

Bedford, KY lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$233,000	10.4%
Single Family	$233,000	9.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Bedford, KY

As of July '25, Rentcast reports the average rent in Bedford, KY is $850, with a year-over-year rent change of -46.9%. Per bedroom, the median rent as of July '25 in Bedford, KY is 1-bedrooms: $750, 2-bedrooms: $950. The most common rental property sizes in Bedford, KY are 2-bedroom and 3-bedroom, accounting for 45.6% and 23.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$750	$850
Studio Rent	N/A	N/A
1 Bed Rent	$750	$750
2 Bed Rent	$950	$950
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

5.6%

1 Bedroom

14.5%

2 Bedrooms

45.6%

3 Bedrooms

23.0%

4 Bedrooms

11.3%

Property Listings — Bedford, KY

As of Dec '25, Realtor.com reports that the median days on market for a home in Bedford, KY is 56. This is a decrease of -33.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$309,000	-4.0%
Listing Count	13	163.0%
Listings as % of Homes	0.3%	163.0%
Days on Market	85	-39.0%

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Demographics — Bedford, KY

As of the latest ACS Survey released in 2023, Bedford, KY has a population of 4,900, which has remained stable by 1.0% over the past 5 years. Bedford, KY is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,900	1.0%
% Under 18	20.8%	-2.3%
% Seniors	21.3%	30.7%
% WFH	1.5%	-61.5%
% w/ College Degree	16.9%	94.3%

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As of the latest ACS Survey released in 2023, Bedford, KY is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Bedford, KY is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.8% of the population in Bedford, KY, and this percentage has decreased by 60.0% 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	93.0%	-1.2%
% Black	1.0%	∞%
% Hispanic	1.5%	-71.7%
% Asian	0.2%	∞%
% Foreign Born	0.8%	-60.0%

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Mortgage and Risk — Bedford, KY

According to HUD data as of 2023, there were 113 mortgage originations in Bedford, KY, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Bedford, KY. Investor activity is low, as 11.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	113
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	11.0%
% Second Loans	2.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Bedford, KY

Bedford, KY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	41
Total Units Section 8	41
% Rentals under Section 8	17.3%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$220	$750	$970
2 Bedroom	$230	$950	$1,180
3 Bedroom	N/A	N/A	$1,540
4 Bedroom	N/A	N/A	$1,760

Bedford, KY—40006

Key Metrics at a Glance

Home Price Trends — Bedford, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bedford, KY

% of Rental Stock

Property Listings — Bedford, KY

Demographics — Bedford, KY

Race and Ethnicity

Mortgage and Risk — Bedford, KY

Mortgages

Rentals and Section 8 — Bedford, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Bedford, KY

Home Price to Income Ratio

Bedford, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Pendleton, KY

Milton, KY

New Castle, KY

Westport, KY

New Washington, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$233,000
Median Household Income	$60,200

Bedford, KY—40006

Key Metrics at a Glance

Home Price Trends — Bedford, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bedford, KY

% of Rental Stock

Property Listings — Bedford, KY

Demographics — Bedford, KY

Race and Ethnicity

Mortgage and Risk — Bedford, KY

Mortgages

Rentals and Section 8 — Bedford, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Bedford, KY

Home Price to Income Ratio

Bedford, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Pendleton, KY

Milton, KY

New Castle, KY

Westport, KY

New Washington, IN

Frequently Asked Questions

What is the average home price in Bedford, KY 40006?

How have home prices in Bedford, KY 40006 changed over the past year?

What is the home price projection for Bedford, KY 40006?

What are the demographics of Bedford, KY 40006?

How long does it take homes to sell in Bedford, KY 40006?

What is the average rent price in Bedford, KY 40006?