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BEDFORD, VA 24523

Real Estate Market Report  ·  Bedford County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BEDFORD, VA real estate market (24523) currently shows 127 active listings, with 62 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 61 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 43 days last year.

The median listing price has risen 5.2% year-over-year, from $379,900 to $399,675.

Whether you are buying or selling in BEDFORD, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,132  ·  Density: 35.5/mi²  ·  Median household income: $62,095

Typical home value: $215,623  ·  Homeownership: 75.5%

Market Overview

Active Listings
127
⇧ 92.4% vs 66 last year
Pending
62
49% pending ratio
Median Price
$399,675
⇧ 5.2% vs $379,900 last year
Average Price
$514,517
⇧ 19.6% vs $430,310 last year
Days on Market
58
⇧ 34.9% vs 43 days last year

Price Per Square Foot

Median $/sqft
$223
⇧ 3.2% vs $216/sqft last year
Median Home Size
1,729 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 127 this year vs 66 last year
  • Days on market: 58 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $399,675 (+5.2% YoY)
  • Average: $514,517 (+19.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.4 miles — 623 listings ($283,832,856 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24523Bedford, VA 245230.0 mi119$53,724,930$395,925$451,470
24174Thaxton, VA 241748.0 mi3$667,350$222,450$222,450
24121Moneta, VA 2412113.2 mi103$81,870,580$589,225$794,860
24064Blue Ridge, VA 2406414.1 mi18$7,273,926$359,250$404,107
24179Vinton, VA 2417915.6 mi49$15,820,140$299,019$322,860
24571Lynch Station, VA 2457115.9 mi16$7,961,472$396,725$497,592
24526Big Island, VA 2452616.5 mi7$1,488,116$189,500$212,588
24503Lynchburg, VA 2450317.4 mi79$37,203,786$449,450$470,934
24101Hardy, VA 2410118.8 mi42$23,925,636$460,725$569,658
24012Roanoke, VA 2401220.7 mi123$35,036,796$269,925$284,852
24077Cloverdale, VA 2407720.9 mi2$331,000$165,500$165,500
24083Daleville, VA 2408322.3 mi17$11,080,634$685,213$651,802
24013Roanoke, VA 2401322.4 mi45$7,448,490$169,813$165,522

Frequently Asked Questions

How many homes are for sale in BEDFORD, VA 24523?

As of March 2026, there are 127 active listings in BEDFORD, VA (zip code 24523), compared to 66 the prior year.

What is the median home price in BEDFORD, VA 24523?

The median listing price in BEDFORD, VA 24523 is $399,675 as of March 2026, a 5.2% increase from $379,900 the prior year.

How long do homes stay on the market in BEDFORD, VA?

Homes in BEDFORD, VA 24523 spend an average of 58 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in BEDFORD, VA 24523?

Based on current inventory and days-on-market data as of March 2026, BEDFORD, VA 24523 is currently a Buyer's Market. Inventory has increased compared to last year, with 61 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 43 days last year.

How much can I save on real estate commission in BEDFORD, VA?

With SELL123.com's maximum 3% commission, sellers in BEDFORD, VA 24523 save an estimated $7,994 compared to a typical 5% commission on the median listing price of $399,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.