Bedford, KY—40006
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $234,000 | 11.4% |
| Single Family | $234,000 | 10.9% |
| 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 | $255,000 | 5.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Bedford, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Bedford, KY is 34. This is a decrease of -7.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $308,000 | 4.0% |
Listing Count | 18 | 46.0% |
| Listings as % of Homes | 0.3% | 46.0% |
Days on Market | 34 | -7.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Bedford, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $234,000 |
| Median Household Income | $60,200 |