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Bedford, VA
Full City Profile · Virginia · Bedford County County
2.8
/5.0
C+
Fair
6,703
Population
604/sq mi density
$47,697
Median Income
$29,729 per capita
$192,600
Home Value
$275,202 Zillow
$876
Median Rent
27.9% income on rent
57°F
Avg Temperature
305 sunny days/yr
137
Violent Crime/100K
3,005 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$47,697 median income, 2.1% unemployment
A
Affordability
4.4 / 5.0
$192,600 home value, $876/mo rent
F
Safety
1.0 / 5.0
137 violent crimes/100K
C+
Education
2.6 / 5.0
19.5% bachelor's degree or higher
Housing Overview
Median Home Value
$192,600
32% below
US avg: $281,900
Median Rent
$876/mo
25% below
US avg: $1,163/mo
Homeownership Rate
55.5%
15% below US avg (65.4%)
Total Housing Units
3,223
Median year built: 1970
Home Value by Source
Census Median
$192,600
Zillow (ZHVI)
$275,202
Median Sale Price
$218,281
Median List Price
$299,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.5%
Owner-Occupied
44.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,027/mo
1 Bedroom
$1,033/mo
2 Bedroom
$1,187/mo
3 Bedroom
$1,635/mo
4 Bedroom
$1,750/mo
Census median rent:
$876/mo
Market Indicators (Redfin)
Median Days on Market
15 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$131
Active Inventory
27
homes for sale
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
55.5%
Complete Housing Data
Home Values
| Census Median Value | $192,600 |
| Zillow Home Value (ZHVI) | $275,202 |
| Median Sale Price | $218,281 |
| Median List Price | $299,900 |
| Price Per Sq Ft | $131 |
Rent
| Census Median Rent | $876 |
| FMR Studio | $1,027 |
| FMR 1-Bedroom | $1,033 |
| FMR 2-Bedroom | $1,187 |
| FMR 3-Bedroom | $1,635 |
| FMR 4-Bedroom | $1,750 |
Market
| Days on Market | 15 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.1% |
| Homes Sold | 5 |
| Active Inventory | 27 |
| Price Per Sq Ft | $131 |
Ownership & Stock
| Owner-Occupied | 55.5% |
| Renter-Occupied | 44.5% |
| Homeownership Rate | 55.5% |
| Total Housing Units | 3,223 |
| Median Year Built | 1970 |
| Rent Burden | 27.9% |