Bedford NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Bedford, NH 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Bedford Housing Market Information

With 22,696 people, 7,787 houses or apartments, and a median cost of homes of $460,262, 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 81.87% of the town's housing units. Other types of housing that are prevalent in Bedford include large apartment complexes or high rise apartments ( 10.53%), row houses and other attached homes ( 5.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.33%).

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 84.21% of Bedford's homes, and 70.11% 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 ( 20.05%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.55%). There's also some housing in Bedford built before 1939 ( 5.41%).

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 30.43%, which ranks in the top 50% nationwide. This equates to an annual average Bedford house appreciation rate of 2.69%.

NeighborhoodScout's data show that during the latest twelve months, Bedford's appreciation rate, at 6.15%, has been at or slightly above the national average. In the latest quarter, Bedford's appreciation rate has been 1.85%, which annualizes to a rate of 7.63%.

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:
$460,262

Bedford, NH HOME PRICES

Value Range
> $1,184,000 1.1
$888,001 - $1,184,000 4.1
$592,001 - $888,000 21.1
$474,001 - $592,000 22.4
$355,001 - $474,000 28.2
$237,001 - $355,000 19.4
$119,001 - $237,000 3.2
$59,001 - $119,000 0.0
$0 - $59,000 0.6

Very High for NH
Very High for Nation

Value Relative to Nation Value Relative to State
9.15036496350365 7.64331210191083

Number Of Homes And Apartments:
7,787

Bedford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
64.69% 2.49%
3
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,144 / per month

Homeownership Rate

Homeownership
Owners 84.21
Renters 15.79
Vacant 4.21

Housing Market Details

 

Age of Homes

AGE OF Bedford HOMES
2000 or Newer 20.1
1970 - 1999 59.0
1940 - 1969 15.5
1939 or Older 5.4

Types of Homes

TYPE OF Bedford HOMES
Single-Family 81.9
Townhomes 5.3
Small Apt. Buildings 2.3
Apt. Complexes 10.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Bedford HOMES
No Bedroom 0.50
1 Bedroom 6.37
2 Bedrooms 16.35
3 Bedrooms 27.80
4 Bedrooms 42.31
5 or more bedrooms 6.67