Bedford, NH Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bedford, NH Housing Market Trends

With a population of 22,628, 7,813 total housing units (homes and apartments), and a median house value of $475,141, Bedford house prices are not only among the most expensive in New Hampshire, Bedford real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Bedford, accounting for 80.45% of the town's housing units. Other types of housing that are prevalent in Bedford include large apartment complexes or high rise apartments ( 13.07%), row houses and other attached homes ( 4.48%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.00%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bedford. Owner-occupied housing accounts for 83.69% of Bedford's homes, and 71.61% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bedford built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bedford built between 2000 and later ( 20.80%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.44%). There's also some housing in Bedford built before 1939 ( 4.94%).

Bedford Home Appreciation Rates

Appreciation rates for homes in Bedford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 36.80%, which ranks in the top 50% nationwide. This equates to an annual average Bedford house appreciation rate of 3.18%.

Appreciation rates are so strong in Bedford that despite a nationwide downturn in the housing market, Bedford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bedford appreciation rates continue to be some of the highest in America, at 7.33%, which is higher than appreciation rates in 91.15% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bedford. Bedford appreciation rates in the latest quarter were at 2.68%, which equates to an annual appreciation rate of 11.18%.

Relative to New Hampshire, our data show that Bedford's latest annual appreciation rate is lower than 60% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$475,141

Bedford, NH HOME PRICES

> $1,189,000
1.1%
1.1%
$891,001 - $1,189,000
4.5%
4.5%
$595,001 - $891,000
22.3%
22.3%
$476,001 - $595,000
24.1%
24.1%
$357,001 - $476,000
27.7%
27.7%
$238,001 - $357,000
17.0%
17.0%
$119,001 - $238,000
2.9%
2.9%
$59,001 - $119,000
0.0%
0.0%
$0 - $59,000
0.5%
0.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for NH

Value Relative To Nation

Number Of Homes And Apartments:
7,813

Bedford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
72.78% 2.64%
3
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,481 / per month

Homeownership Rate

Owners
83.7%
83.7%
Renters
16.3%
16.3%
Vacant
3.0%
3.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
20.8%
20.8%
1970 - 1999
59.8%
59.8%
1940 - 1969
14.4%
14.4%
1939 or Older
4.9%
4.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
80.4%
80.4%
Townhomes
4.5%
4.5%
Small Apt. Buildings
2.0%
2.0%
Apt. Complexes
13.1%
13.1%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.1%
1.1%
1 Bedroom
5.1%
5.1%
2 Bedrooms
16.2%
16.2%
3 Bedrooms
28.9%
28.9%
4 Bedrooms
42.7%
42.7%
5 or more bedrooms
6.0%
6.0%
0.0% 100.0%
% OF HOMES