Median real estate price in the City Center of Bedford is $101,158, which is more expensive than 34.0% of the neighborhoods in Ohio and 18.5% of the neighborhoods in the U.S.
The average rental price in Bedford City Center is currently $928, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.8% of the neighborhoods in Ohio.
Bedford City Center is a suburban neighborhood (based on population density) located in Bedford, Ohio.
Real estate in the City Center of Bedford, OH is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Bedford City Center has a 16.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.