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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 23,704, 7,917 total housing units (homes and apartments), and a median house value of $686,865, 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 80.43% of the town's housing units. Other types of housing that are prevalent in Bedford include large apartment complexes or high rise apartments ( 15.29%), row houses and other attached homes ( 3.39%).
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 81.92% of Bedford's homes, and 68.34% 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 ( 21.29%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.36%). There's also some housing in Bedford built before 1939 ( 2.72%).
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 89.01%, which ranks in the top 50% nationwide. This equates to an annual average Bedford house appreciation rate of 6.57%.
Over the last year, Bedford appreciation rates have trailed the rest of the nation. In the last twelve months, Bedford's appreciation rate has been 4.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bedford were at 4.33%, which equates to an annual appreciation rate of 18.47%.
Importantly, this makes Bedford one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to New Hampshire, our data show that Bedford's latest annual appreciation rate is lower than 80% of the other cities and towns in New Hampshire.
$686,865
for New hampshire
for nation
7,917
$3,673 / per month