According to statistics, the population in Bedford, IN amounts to 13,292, which shows decline 0% compared to the previous year. The median age of the city’s residents is 42. The average household income is $40,076, shifting growth 9% from the past year, and the average property value in Bedford, IN decline 0% to $87,600 throughout the year.
|Number Of Employees||5,636|
|Median Property Value||$87,600|
The average household income in Bedford, IN grew from $36,884 to $40,076 in the past year. This data is an estimate based upon 5,605 households in Bedford, IN . The chart below presents how household income is distributed in Bedford, IN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bedford, IN shifted from $87,800 to $87,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bedford, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bedford, IN properties falls in the '$80,000 to $89,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bedford, IN compared to median property taxes around the country. The prevalent amount of property taxes in Bedford, IN equals $800, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$139,900||N/A|
|1 bed for sale||$499,000||+1459.4%|
|2 bed for sale||$141,100||-25%|
|3 bed for sale||$227,969||-1.3%|
|4+ bed for sale||$278,280||+5.9%|
During Aug 2022, the average price for an apartment in/near Bedford, IN decreased by 0.9% to $235,010.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 1459.4% to $499,000. Asking price for 2-bed apartment also decreased by 25% and a place of this size will now cost you $141,100. A 3-bed apartment goes for $227,969, it decreased by 1.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 5.9% and made it up to $278,280.
|Listing Type||Aug||vs Last Month|
|Land for sale||$81,962||-36.4%|
|Houses for sale||$258,592||+7.8%|
|Condos for sale||$258,233||-11.9%|
|Apartments for sale||$139,900||N/A|
While assessing the property pricing Bedford, IN, you can note that it remains flat with a price tag of $139,900. Price reports demonstrate that house price increased by 7.8% this month making it up to $258,592. Condos faced an upward trend these days. The median price for a condo decreased by 11.9%, it’s now available for $258,233.