Bedford, OH—44146
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bedford, OH
As of Oct '25, the median home price in Bedford, OH is $177,000, with a year-over-year change of 5.7%. This indicates that home prices in Bedford, OH are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $177,000 | 5.7% |
| Single Family | $180,000 | 5.9% |
| Condos | $106,000 | 8.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $123,000 | 4.2% |
3 Bed | $180,000 | 6.5% |
4 Bed | $223,000 | 4.2% |
| 5 Bed | $250,000 | 2.9% |
% of Housing Stock
Rental Trends — Bedford, OH
As of July '25, Rentcast reports the average rent in Bedford, OH is $1,100, with a year-over-year rent change of 4.8%. Per bedroom, the median rent as of July '25 in Bedford, OH is studios: $750, 1-bedrooms: $885, 2-bedrooms: $1,170, 3-bedrooms: $1,500, 4-bedrooms: $1,670. The most common rental property sizes in Bedford, OH are 1-bedroom and 2-bedroom, accounting for 39.2% and 38.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,060 | $1,100 |
| Studio Rent | $750 | $750 |
| 1 Bed Rent | $920 | $885 |
| 2 Bed Rent | $1,120 | $1,170 |
| 3 Bed Rent | $1,480 | $1,500 |
| 4 Bed Rent | $1,600 | $1,670 |
% of Rental Stock
Property Listings — Bedford, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Bedford, OH is 37. This is a increase of 7.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $195,000 | 9.0% |
Listing Count | 87 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 37 | 7.0% |
Demographics — Bedford, OH
As of the latest ACS Survey released in 2023, Bedford, OH has a population of 29,500, which has remained stable by 0.9% over the past 5 years. Bedford, OH is a moderately popular place for families, as children make up 18.2% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,500 | 0.9% |
% Under 18 | 18.2% | 5.2% |
% Seniors | 21.3% | 3.4% |
% WFH | 12.2% | 351.9% |
% w/ College Degree | 22.8% | 15.2% |
As of the latest ACS Survey released in 2023, Bedford, OH is a predominantly black area, with 58.9% of the population identifying as black. The black population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Bedford, OH is white, making up 33.2% of the population. Foreign-born residents account for 2.2% of the population in Bedford, OH, and this percentage has decreased by 43.6% 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 | 33.2% | 1.5% |
% Black | 58.9% | -4.1% |
% Hispanic | 3.4% | -12.8% |
% Asian | 0.1% | -88.9% |
% Foreign Born | 2.2% | -43.6% |
Mortgage and Risk — Bedford, OH
According to HUD data as of 2023, there were 491 mortgage originations in Bedford, OH, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Bedford, OH. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 491 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Bedford, OH
As of 2024, the percent of homes in Bedford, OH under the Section 8 program is 9.8%. 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, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 655 |
Total Units Section 8 | 561 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 85.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $920 | $1,010 |
| 2 Bedroom | $110 | $1,120 | $1,230 |
| 3 Bedroom | $100 | $1,480 | $1,580 |
| 4 Bedroom | $100 | $1,600 | $1,700 |
Affordability — Bedford, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $177,000 |
| Median Household Income | $53,000 |