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Bedford, IN

Full City Profile · Indiana · Lawrence County County

3.0 /5.0
B Good
13,824 Population 1,132/sq mi density
$50,253 Median Income $31,469 per capita
$136,900 Home Value $203,096 Zillow
$819 Median Rent 30.8% income on rent
54°F Avg Temperature 293 sunny days/yr
211 Violent Crime/100K 2,208 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$50,253 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$136,900 home value, $819/mo rent
F
Safety
1.0 / 5.0
211 violent crimes/100K
C
Education
2.4 / 5.0
17.6% bachelor's degree or higher

Housing Overview

Median Home Value
$136,900
51% below
US avg: $281,900
Median Rent
$819/mo
30% below
US avg: $1,163/mo
Homeownership Rate
66.0%
1% above US avg (65.4%)
Total Housing Units
6,817
Median year built: 1957

Home Value by Source

Census Median
$136,900
Zillow (ZHVI)
$203,096
Median Sale Price
$162,500
Median List Price
$192,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.0%
Owner-Occupied
34.0%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $819/mo

Market Indicators (Redfin)

Median Days on Market
100 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
10
Price Drops
19.5%
of listings with price reduction
Price Per Sq Ft
$117
Active Inventory
77
homes for sale

Affordability & Housing Stock

Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
66.0%

Complete Housing Data

Home Values

Census Median Value$136,900
Zillow Home Value (ZHVI)$203,096
Median Sale Price$162,500
Median List Price$192,450
Price Per Sq Ft$117

Rent

Census Median Rent$819
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market100
Sale-to-List Ratio0.9%
Price Drops19.5%
Homes Sold10
Active Inventory77
Price Per Sq Ft$117

Ownership & Stock

Owner-Occupied66.0%
Renter-Occupied34.0%
Homeownership Rate66.0%
Total Housing Units6,817
Median Year Built1957
Rent Burden30.8%