Bedford, MA


Highest Appreciating Bedford Neighborhoods Since 2000

Bedford, MA Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Bedford Housing Market Information

With a population of 14,171, 5,129 total housing units (homes and apartments), and a median house value of $686,589, Bedford house prices are not only among the most expensive in Massachusetts, 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 61.97% of the town's housing units. Other types of housing that are prevalent in Bedford include large apartment complexes or high rise apartments ( 20.13%), row houses and other attached homes ( 10.30%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.60%).

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 68.75% of Bedford's homes, and 59.10% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Bedford's housing was primarily built during this period, from the '40s through the '60s. A full 43.83% of the town's housing hails from this era. Other housing ages represented in Bedford include homes built between 1970-1999 ( 28.09%) and housing constructed between 2000 and later ( 17.79%). There's also some housing in Bedford built before 1939 ( 10.30%).

Bedford Home Appreciation Rates

In the last 10 years, Bedford has experienced some of the highest home appreciation rates of any community in the nation. Bedford real estate appreciated 28.58% over the last ten years, which is an average annual home appreciation rate of 2.55%, putting Bedford in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bedford definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Bedford's appreciation rate, at 4.01%, has been at or slightly above the national average. In the latest quarter, Bedford's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

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

Average Home Values


Median Home Value:


Value Range
> $1,196,000 6.5
$897,001 - $1,196,000 9.7
$598,001 - $897,000 48.8
$479,001 - $598,000 18.1
$359,001 - $479,000 13.2
$239,001 - $359,000 0.8
$120,001 - $239,000 0.9
$60,001 - $120,000 0.9
$0 - $60,000 1.1

Very High for MA
Very High for Nation

Value Relative to Nation Value Relative to State
2.77745224422829 8.65384615384615

Number Of Homes And Apartments:

Bedford Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
66.12% 2.99% 9 8
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,581 / per month

Homeownership Rate

Owners 68.75
Renters 31.25
Vacant 3.77

Housing Market Details


Age of Homes

2000 or Newer 17.8
1970 - 1999 28.1
1940 - 1969 43.8
1939 or Older 10.3

Types of Homes

Single-Family 62.0
Townhomes 10.3
Small Apt. Buildings 7.6
Apt. Complexes 20.1
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 1.93
1 Bedroom 8.78
2 Bedrooms 22.48
3 Bedrooms 32.05
4 Bedrooms 27.05
5 or more bedrooms 7.71

Popular Neighborhoods in Bedford

Zip Codes in Bedford, MA