Bedford Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Bedford averaged 6.57% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 6.17% and one month ago for the week of 2024-09-05, the average rate was 6.5%.

Bedford's average rate one year ago was 7.74%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.42%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Bedford 30 Year Fixed Rate 2024-10-10 6.57%
Bedford 30 Year Fixed Rate Refi 2024-10-10 6.42%
Bedford 15 Year Fixed Rate 2024-10-10 5.31%
Bedford 15 Year Fixed Rate Refi 2024-10-10 6.01%
Bedford 30 Year FHA 2024-10-10 5.95%
Bedford 30 Year FHA Refi 2024-10-10 6.2%
Bedford 30 Year USDA 2024-10-10 6.08%
Bedford 30 Year USDA Refi 2024-10-10 6.18%
Bedford 30 Year VA 2024-10-10 6.29%
Bedford 30 Year VA Refi 2024-10-10 6.05%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bedford, IN.

Bedford Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Bedford, IN market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
RUOFF MORTGAGE COMPANY, INC. 47 6.80% $1,929
Jackson County Bank 24 6.27% $3,555
QUICKEN LOANS, LLC 13 6.94% $5,169
CRANE 13 6.72% $1,771
INDIANA UNIVERSITY CREDIT UNION 11 6.38% $1,816
Flanagan State Bank 9 6.89% $2,795
JPMorgan Chase Bank 7 6.59% $1,876
German American Bank 5 7.13% $2,762
Centra Credit Union 5 7.03% $2,637
Mr. Cooper ( Nationstar Mortgage ) 5 6.57% $6,546
Fifth Third Bank 5 6.60% $3,126
MOVEMENT MORTGAGE, LLC 5 6.94% $3,398
MORTGAGE MASTERS OF INDIANA, INC. 4 6.59% $4,430
THRIVE MORTGAGE, LLC 4 6.66% $4,575
MILESTONE HOME LENDING, LLC 3 6.79% $3,884
GVC MORTGAGE, INC. 3 6.91% $4,735
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.08% $4,405
FAIR WAY LENDING LLC 3 6.79% $4,215
Carrington Mortgage Services, LLC 2 6.25% $4,924
Paramount Residential Mortgage Group, Inc. 2 7.81% $5,192
AMERISAVE MORTGAGE CORPORATION 2 6.31% $6,320
LOANDEPOT.COM, LLC 2 7.50% $5,622
NAVY FEDERAL CREDIT UNION 2 7.44% $4,021
CMG MORTGAGE, INC. 2 7.06% $5,725
MJW Financial LLC 2 7.49% $4,668
Wells Fargo Bank 2 6.94% $330
Union Savings Bank 2 7.00% $2,118
UNITED WHOLESALE MORTGAGE, LLC 2 7.56% $2,743
CALIBER HOME LOANS, INC. 2 6.99% $3,813
FREEDOM MORTGAGE CORPORATION 2 6.69% $6,468
USAA Federal Savings Bank 1 6.63% $3,694
The Huntington National Bank 1 6.88% $4,029
Arvest Bank 1 5.88% $2,370
BROKER SOLUTIONS, INC. 1 7.38% $5,386
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 5.99% $2,370
Discover Bank 1 8.74% $0
Elements Financial Federal Credit Union 1 6.38% $2,833
Farm Credit Mid-America, ACA 1 6.63% $3,895
Farmers and Mechanics Federal Savings Bank 1 7.00% $1,748
First Farmers Bank and Trust Company 1 9.38% $2,500
First Financial Bank 1 6.63% $3,602
HALLMARK HOME MORTGAGE, LLC 1 6.13% $4,309
INDIANA MEMBERS CREDIT UNION 1 6.00% $2,582
INTERLINC MORTGAGE SERVICES, LLC 1 7.99% $3,904
LEADERONE FINANCIAL CORPORATION 1 6.25% $3,200
Mortgage Research Center, LLC 1 6.38% $6,197
M&T Bank 1 5.88% $4,586
NBKC BANK 1 7.63% $4,656
Northpointe Bank 1 7.75% $10,978
Northwest Bank 1 9.50% $1,247
PENNYMAC LOAN SERVICES, LLC 1 6.25% $2,336
PHH Mortgage Corporation 1 6.88% $5,091
PLANET HOME LENDING, LLC 1 6.63% $3,128
PNC Bank 1 7.88% $2,709
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.13% $7,189
ROYAL UNITED MORTGAGE LLC 1 7.13% $4,982
STOCKTON MORTGAGE CORPORATION 1 7.50% $3,467
The Federal Savings Bank 1 7.50% $3,289
AMCAP MORTGAGE, LTD. 1 6.13% $4,011
Third Federal Savings and Loan Association of Cleveland 1 5.49% $2,883
UNION HOME MORTGAGE CORP. 1 6.50% $3,294

Bedford Average Closing Costs & Other Stats

Bedford, IN's 61 lenders originated 1,013 loans during 2023. The total origination value was $153,995,000, with an average loan value of $152,019.

Bedford's average closing costs are $3,862.

The top Bedford lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 47 loans originated. Their average total fees are $1,929, which is $1,626 lower than the next largest lender, Jackson County Bank.

The lowest fee Bedford lenders (with over 10 loans originated) are CRANE ($1,771), INDIANA UNIVERSITY CREDIT UNION ($1,816), RUOFF MORTGAGE COMPANY, INC. ($1,929), Jackson County Bank ($3,555) and QUICKEN LOANS, LLC ($5,169).

The lowest rate Bedford lenders (with over 10 loans originated) are Jackson County Bank (6.27%), INDIANA UNIVERSITY CREDIT UNION (6.38%), CRANE (6.72%), RUOFF MORTGAGE COMPANY, INC. (6.80%) and QUICKEN LOANS, LLC (6.94%).

Bedford, IN Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
RUOFF MORTGAGE COMPANY, INC. $32,640,000 $29,340,000 -10.1% 19.1%
QUICKEN LOANS, LLC $12,135,000 $7,015,000 -42.2% 4.6%
Jackson County Bank $7,655,000 $6,495,000 -15.2% 4.2%
CRANE $8,870,000 $6,295,000 -29.0% 4.1%
Mortgage Research Center, LLC $4,905,000 $6,170,000 25.8% 4.0%
German American Bank $6,080,000 $4,760,000 -21.7% 3.1%
Flanagan State Bank $8,640,000 $4,680,000 -45.8% 3.0%
Paramount Residential Mortgage Group, Inc. $3,140,000 n/a 2.0%
INDIANA UNIVERSITY CREDIT UNION $5,815,000 $2,910,000 -50.0% 1.9%
Owen County State Bank $3,270,000 $2,910,000 -11.0% 1.9%
Fifth Third Bank $2,850,000 $2,550,000 -10.5% 1.7%
MOVEMENT MORTGAGE, LLC $735,000 $2,290,000 211.6% 1.5%
NAVY FEDERAL CREDIT UNION $2,225,000 $2,290,000 2.9% 1.5%
JPMorgan Chase Bank $3,735,000 $1,785,000 -52.2% 1.2%
The Peoples State Bank $1,715,000 $1,765,000 2.9% 1.1%
FAIR WAY LENDING LLC $500,000 $1,675,000 235.0% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $1,980,000 $1,675,000 -15.4% 1.1%
FREEDOM MORTGAGE CORPORATION $1,690,000 $1,600,000 -5.3% 1.0%
Old National Bank $4,290,000 $1,580,000 -63.2% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,515,000 $1,550,000 2.3% 1.0%
UNITED WHOLESALE MORTGAGE, LLC $1,505,000 $1,540,000 2.3% 1.0%
LOANDEPOT.COM, LLC $2,370,000 $1,535,000 -35.2% 1.0%
MORTGAGE MASTERS OF INDIANA, INC. $990,000 $1,480,000 49.5% 1.0%
BROKER SOLUTIONS, INC. $600,000 $1,435,000 139.2% 0.9%
PENNYMAC LOAN SERVICES, LLC $1,955,000 $1,430,000 -26.9% 0.9%
THRIVE MORTGAGE, LLC $295,000 $1,385,000 369.5% 0.9%
GVC MORTGAGE, INC. $610,000 $1,110,000 82.0% 0.7%
USAA Federal Savings Bank $560,000 $1,050,000 87.5% 0.7%
AMERISAVE MORTGAGE CORPORATION $295,000 $1,015,000 244.1% 0.7%
Centra Credit Union $315,000 $990,000 214.3% 0.6%
Carrington Mortgage Services, LLC $990,000 $855,000 -13.6% 0.6%
Third Federal Savings and Loan Association of Cleveland $835,000 n/a 0.5%
HALLMARK HOME MORTGAGE, LLC $510,000 $830,000 62.7% 0.5%
LAKEVIEW LOAN SERVICING, LLC $185,000 $820,000 343.2% 0.5%
AMCAP MORTGAGE, LTD. $6,950,000 $785,000 -88.7% 0.5%
MORTGAGE SOLUTIONS OF COLORADO, LLC $755,000 n/a 0.5%
The Federal Savings Bank $1,775,000 $660,000 -62.8% 0.4%
MJW Financial LLC $545,000 $655,000 20.2% 0.4%
Northpointe Bank $95,000 $645,000 578.9% 0.4%
MILESTONE HOME LENDING, LLC $380,000 $625,000 64.5% 0.4%
NEWREZ LLC $390,000 $580,000 48.7% 0.4%
Wells Fargo Bank $55,000 $525,000 854.5% 0.3%
Flagstar Bank, FSB $515,000 $495,000 -3.9% 0.3%
Arvest Bank $85,000 $455,000 435.3% 0.3%
NEW DAY FINANCIAL, LLC $635,000 $415,000 -34.6% 0.3%
CMG MORTGAGE, INC. $315,000 $410,000 30.2% 0.3%
Home Bank SB $410,000 n/a 0.3%
Bank of England $145,000 $405,000 179.3% 0.3%
CALIBER HOME LOANS, INC. $440,000 $395,000 -10.2% 0.3%
Discover Bank $395,000 n/a 0.3%
ROYAL UNITED MORTGAGE LLC $460,000 $365,000 -20.7% 0.2%
Farm Credit Mid-America, ACA $1,250,000 $355,000 -71.6% 0.2%
INTERNATIONAL CITY MORTGAGE, INC. $355,000 n/a 0.2%
Nations Lending Corporation $875,000 $340,000 -61.1% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $145,000 $340,000 134.5% 0.2%
Bell Bank $335,000 n/a 0.2%
Northwest Bank $175,000 $315,000 80.0% 0.2%
BAYSHORE MORTGAGE FUNDING, LLC $310,000 n/a 0.2%
Union Savings Bank $800,000 $310,000 -61.3% 0.2%
GUARANTEED RATE, INC. $305,000 n/a 0.2%
Mid-Southern Savings Bank, FSB $330,000 $300,000 -9.1% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $135,000 $290,000 114.8% 0.2%
EVERETT FINANCIAL, INC. $215,000 $285,000 32.6% 0.2%
The Huntington National Bank $715,000 $285,000 -60.1% 0.2%
CLEARPATH LENDING $275,000 n/a 0.2%
Regions Bank $1,355,000 $275,000 -79.7% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $85,000 $265,000 211.8% 0.2%
Equity Prime Mortgage LLC $65,000 $260,000 300.0% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,025,000 $255,000 -75.1% 0.2%
INDIANA MEMBERS CREDIT UNION $245,000 n/a 0.2%
Baxter Credit Union $555,000 $235,000 -57.7% 0.2%
Elements Financial Federal Credit Union $565,000 $235,000 -58.4% 0.2%
First Financial Bank $325,000 $235,000 -27.7% 0.2%
POLARIS HOME FUNDING CORP. $235,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $175,000 $230,000 31.4% 0.1%
Gateway First Bank $200,000 $215,000 7.5% 0.1%
Farmers and Mechanics Federal Savings Bank $440,000 $210,000 -52.3% 0.1%
CHURCHILL MORTGAGE CORPORATION $205,000 n/a 0.1%
Figure Lending LLC $115,000 $205,000 78.3% 0.1%
Merchants Bank of Indiana $235,000 $205,000 -12.8% 0.1%
LEADERONE FINANCIAL CORPORATION $200,000 n/a 0.1%
Plains Commerce Bank $195,000 n/a 0.1%
PNC Bank $300,000 $195,000 -35.0% 0.1%
Sierra Pacific Mortgage Company, Inc. $195,000 n/a 0.1%
STOCKTON MORTGAGE CORPORATION $195,000 n/a 0.1%
Wolfe Financial, Inc $270,000 $195,000 -27.8% 0.1%
Horizon Bank $285,000 $190,000 -33.3% 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $175,000 n/a 0.1%
PLANET HOME LENDING, LLC $165,000 n/a 0.1%
The Riddell National Bank $355,000 $155,000 -56.3% 0.1%
First Farmers Bank and Trust Company $145,000 n/a 0.1%
First Financial Bank $325,000 $140,000 -56.9% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $105,000 $140,000 33.3% 0.1%
AMERICAN FINANCING CORPORATION $85,000 $125,000 47.1% 0.1%
INTERLINC MORTGAGE SERVICES, LLC $125,000 n/a 0.1%
PHH Mortgage Corporation $630,000 $125,000 -80.2% 0.1%
First National Bank $115,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $115,000 n/a 0.1%
TEACHERS CREDIT UNION $225,000 $110,000 -51.1% 0.1%
INOVA FEDERAL CREDIT UNION $105,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $240,000 $105,000 -56.3% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $280,000 $105,000 -62.5% 0.1%
Barrington Bank & Trust Company, N.A. $95,000 n/a 0.1%
M&T Bank $95,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $290,000 $95,000 -67.2% 0.1%
LOANPAL, LLC $150,000 $85,000 -43.3% 0.1%
NBKC BANK $515,000 $85,000 -83.5% 0.1%
SPRING EQ, LLC $55,000 $65,000 18.2% 0.0%
U.S. Bank $85,000 $60,000 -29.4% 0.0%
Bank of America $490,000 $55,000 -88.8% 0.0%
Citizens Bank $480,000 $55,000 -88.5% 0.0%
FORUM Credit Union $315,000 $55,000 -82.5% 0.0%
21ST MORTGAGE CORPORATION $660,000 $45,000 -93.2% 0.0%
First Harrison Bank $45,000 n/a 0.0%
First Savings Bank $45,000 n/a 0.0%
The Farmers & Merchants State Bank $45,000 n/a 0.0%

Bedford's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 19.1% market share. In second place, with 4.6%, is QUICKEN LOANS, LLC, having originated $7,015,000 in loans. In third place, with 4.2%, is Jackson County Bank, having originated $6,495,000 in loans. In fourth place, with 4.1%, is CRANE, having originated $6,295,000 in loans. In fifth place, with 4.0%, is Mortgage Research Center, LLC, having originated $6,170,000 in loans.


Bedford Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Bedford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $114,975 (15.1%) $156,030 (9.9%) 0.00 204
2018-02-01 $115,600 (12.9%) $159,765 (13.5%) 0.00 193
2018-03-01 $112,000 (1.8%) $154,379 (0.2%) 0.00 201
2018-04-01 $122,950 (2.5%) $177,269 (9.9%) 0.00 211
2018-05-01 $129,900 (7.0%) $168,551 (3.3%) 0.00 218
2018-06-01 $129,900 (0.6%) $167,017 (-1.2%) 0.00 211
2018-07-01 $139,925 (7.7%) $172,923 (3.7%) 0.00 211
2018-08-01 $139,900 (9.4%) $171,173 (2.1%) 0.00 232
2018-09-01 $139,900 (10.2%) $180,213 (6.9%) 0.00 230
2018-10-01 $139,900 (10.4%) $173,160 (2.7%) 0.00 240
2018-11-01 $137,400 (5.8%) $170,528 (-1.6%) 0.00 234
2018-12-01 $139,900 (21.7%) $172,435 (12.0%) 0.00 222
2019-01-01 $134,050 (16.6%) $166,713 (6.9%) 0.00 207
2019-02-01 $129,900 (12.4%) $167,201 (4.7%) 0.00 197
2019-03-01 $135,086 (20.6%) $181,585 (17.6%) 0.00 168
2019-04-01 $144,175 (17.3%) $197,058 (11.2%) 0.00 138
2019-05-01 $147,700 (13.7%) $205,152 (21.7%) 0.00 140
2019-06-01 $154,900 (19.3%) $206,091 (23.4%) 0.00 133
2019-07-01 $159,900 (14.3%) $212,583 (22.9%) 0.00 129
2019-08-01 $159,936 (14.3%) $212,489 (24.1%) 0.00 133
2019-09-01 $159,916 (14.3%) $208,572 (15.7%) 0.00 132
2019-10-01 $165,652 (18.4%) $205,306 (18.6%) 0.00 132
2019-11-01 $169,900 (23.7%) $207,536 (21.7%) 0.00 133
2019-12-01 $165,925 (18.6%) $219,278 (27.2%) 0.00 130
2020-01-01 $159,950 (19.3%) $220,189 (32.1%) 0.00 123
2020-02-01 $167,500 (29.0%) $227,815 (36.3%) 0.00 123
2020-03-01 $164,350 (21.7%) $222,959 (22.8%) 0.00 121
2020-04-01 $164,700 (14.2%) $219,903 (11.6%) 0.00 113
2020-05-01 $174,950 (18.5%) $231,611 (12.9%) 0.00 102
2020-06-01 $198,450 (28.1%) $235,884 (14.5%) 0.00 92
2020-07-01 $184,675 (15.5%) $220,365 (3.7%) 0.00 93
2020-08-01 $185,600 (16.1%) $220,660 (3.9%) 0.00 85
2020-09-01 $167,450 (4.7%) $210,464 (0.9%) 0.00 82
2020-10-01 $179,900 (8.6%) $216,612 (5.5%) 0.00 89
2020-11-01 $183,225 (7.8%) $228,683 (10.2%) 0.00 77
2020-12-01 $184,700 (11.3%) $227,090 (3.6%) 0.00 73
2021-01-01 $183,900 (15.0%) $227,769 (3.4%) 0.00 62
2021-02-01 $159,900 (-4.5%) $219,874 (-3.5%) 0.00 53
2021-03-01 $183,900 (11.9%) $242,129 (8.6%) 0.00 49
2021-04-01 $198,650 (20.6%) $274,231 (24.7%) 0.00 47
2021-05-01 $205,950 (17.7%) $263,197 (13.6%) 0.00 58
2021-06-01 $238,675 (20.3%) $281,913 (19.5%) 0.00 67
2021-07-01 $249,900 (35.3%) $283,011 (28.4%) 0.00 77
2021-08-01 $237,000 (27.7%) $245,646 (11.3%) 0.00 75
2021-09-01 $245,350 (46.5%) $259,304 (23.2%) 0.00 84
2021-10-01 $247,450 (37.6%) $254,341 (17.4%) 0.00 90
2021-11-01 $224,925 (22.8%) $250,380 (9.5%) 0.00 80
2021-12-01 $228,650 (23.8%) $242,278 (6.7%) 0.00 75
2022-01-01 $249,900 (35.9%) $262,370 (15.2%) 0.00 63
2022-02-01 $235,800 (47.5%) $251,342 (14.3%) 0.00 57
2022-03-01 $228,675 (24.4%) $251,831 (4.0%) 0.00 57
2022-04-01 $209,900 (5.7%) $235,318 (-14.2%) 0.00 52
2022-05-01 $198,675 (-3.5%) $260,888 (-0.9%) 0.00 73
2022-06-01 $215,000 (-9.9%) $273,153 (-3.1%) 0.00 89
2022-07-01 $249,900 (0.0%) $292,788 (3.5%) 0.00 120
2022-08-01 $247,575 (4.5%) $292,690 (19.2%) 0.00 116
2022-09-01 $244,900 (-0.2%) $280,333 (8.1%) 0.00 128
2022-10-01 $249,000 (0.6%) $291,846 (14.8%) 0.00 128
2022-11-01 $246,900 (9.8%) $295,863 (18.2%) 0.00 126
2022-12-01 $249,900 (9.3%) $295,121 (21.8%) 0.00 124
2023-01-01 $247,200 (-1.1%) $315,400 (20.2%) 0.00 97
2023-02-01 $239,900 (1.7%) $298,899 (18.9%) 0.00 79
2023-03-01 $244,950 (7.1%) $318,488 (26.5%) 0.00 67
2023-04-01 $232,400 (10.7%) $303,936 (29.2%) 0.00 66
2023-05-01 $232,400 (17.0%) $293,246 (12.4%) 0.00 70
2023-06-01 $239,175 (11.2%) $282,555 (3.4%) 0.00 76
2023-07-01 $242,700 (-2.9%) $287,196 (-1.9%) 0.00 75
2023-08-01 $233,700 (-5.6%) $287,706 (-1.7%) 0.00 81
2023-09-01 $244,000 (-0.4%) $293,007 (4.5%) 0.00 101
2023-10-01 $231,700 (-7.0%) $278,304 (-4.6%) 0.00 115
2023-11-01 $227,450 (-7.9%) $279,087 (-5.7%) 0.00 111
2023-12-01 $209,900 (-16.0%) $268,145 (-9.1%) 0.00 122
2024-01-01 $219,900 (-11.0%) $269,648 (-14.5%) 0.00 115
2024-02-01 $214,950 (-10.4%) $272,455 (-8.9%) 0.00 107
2024-03-01 $219,900 (-10.2%) $282,986 (-11.2%) 0.00 106
2024-04-01 $219,950 (-5.4%) $283,458 (-6.7%) 0.00 103
2024-05-01 $212,400 (-8.6%) $291,007 (-0.8%) 0.00 107
2024-06-01 $234,950 (-1.8%) $301,528 (6.7%) 0.00 109
2024-07-01 $249,900 (3.0%) $309,504 (7.8%) 0.00 116
2024-08-01 $259,900 (11.2%) $310,954 (8.1%) 0.00 122
2024-09-01 $254,950 (4.5%) $297,603 (1.6%) 0.00 131
Bedford's median listing price for 2024-09-01 was $254,950, a difference of $10,950 (4.5%) versus the prior year and $-4,950 versus the prior month.

Bedford's median listing price comes in at 0% of the national average.

Bedford's average listing price for 2024-09-01 was $297,603, a difference of $4,596 (1.6%) versus the prior year and $-13,351 versus the prior month.

For the 2024-09-01 period, Bedford had 131 MLS listings, a difference of 9 listings (7%) versus the prior month and 30 listings (30%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Bedford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,440 sqft
2018-02-01 0 days 1,472 sqft
2018-03-01 0 days 1,462 sqft
2018-04-01 0 days 1,617 sqft
2018-05-01 0 days 1,654 sqft
2018-06-01 0 days 1,702 sqft
2018-07-01 0 days 1,682 sqft
2018-08-01 0 days 1,672 sqft
2018-09-01 0 days 1,637 sqft
2018-10-01 0 days 1,670 sqft
2018-11-01 0 days 1,644 sqft
2018-12-01 0 days 1,663 sqft
2019-01-01 0 days 1,642 sqft
2019-02-01 0 days 1,636 sqft
2019-03-01 0 days 1,622 sqft
2019-04-01 0 days 1,591 sqft
2019-05-01 0 days 1,677 sqft
2019-06-01 0 days 1,668 sqft
2019-07-01 0 days 1,771 sqft
2019-08-01 0 days 1,816 sqft
2019-09-01 0 days 1,809 sqft
2019-10-01 0 days 1,820 sqft
2019-11-01 0 days 1,728 sqft
2019-12-01 0 days 1,592 sqft
2020-01-01 0 days 1,664 sqft
2020-02-01 0 days 1,786 sqft
2020-03-01 0 days 1,803 sqft
2020-04-01 0 days 1,839 sqft
2020-05-01 0 days 1,848 sqft
2020-06-01 0 days 1,899 sqft
2020-07-01 0 days 1,831 sqft
2020-08-01 0 days 1,764 sqft
2020-09-01 0 days 1,785 sqft
2020-10-01 0 days 1,740 sqft
2020-11-01 0 days 1,693 sqft
2020-12-01 0 days 1,714 sqft
2021-01-01 0 days 1,650 sqft
2021-02-01 0 days 1,594 sqft
2021-03-01 0 days 1,678 sqft
2021-04-01 0 days 1,664 sqft
2021-05-01 0 days 1,678 sqft
2021-06-01 0 days 1,670 sqft
2021-07-01 0 days 1,684 sqft
2021-08-01 0 days 1,689 sqft
2021-09-01 0 days 1,779 sqft
2021-10-01 0 days 1,750 sqft
2021-11-01 0 days 1,731 sqft
2021-12-01 0 days 1,757 sqft
2022-01-01 0 days 1,750 sqft
2022-02-01 0 days 1,687 sqft
2022-03-01 0 days 1,581 sqft
2022-04-01 0 days 1,475 sqft
2022-05-01 0 days 1,442 sqft
2022-06-01 0 days 1,562 sqft
2022-07-01 0 days 1,691 sqft
2022-08-01 0 days 1,774 sqft
2022-09-01 0 days 1,780 sqft
2022-10-01 0 days 1,750 sqft
2022-11-01 0 days 1,790 sqft
2022-12-01 0 days 1,786 sqft
2023-01-01 0 days 1,750 sqft
2023-02-01 0 days 1,703 sqft
2023-03-01 0 days 1,788 sqft
2023-04-01 0 days 1,765 sqft
2023-05-01 0 days 1,745 sqft
2023-06-01 0 days 1,806 sqft
2023-07-01 0 days 1,750 sqft
2023-08-01 0 days 1,793 sqft
2023-09-01 0 days 1,739 sqft
2023-10-01 0 days 1,690 sqft
2023-11-01 0 days 1,674 sqft
2023-12-01 0 days 1,578 sqft
2024-01-01 0 days 1,570 sqft
2024-02-01 0 days 1,579 sqft
2024-03-01 0 days 1,570 sqft
2024-04-01 0 days 1,589 sqft
2024-05-01 0 days 1,525 sqft
2024-06-01 0 days 1,620 sqft
2024-07-01 0 days 1,623 sqft
2024-08-01 0 days 1,680 sqft
2024-09-01 0 days 1,655 sqft
Bedford's median listing age (time on market) for 2024-09-01 was 0 days.

Bedford's median square footage for active listings during the 2024-09-01 period was 1,655 sqft. One year prior, the average listing was 1,739 sqft.

Bedford, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 526 $104,550,000 $198,764
Cash Out Refi 219 $27,765,000 $126,781
Home Improvement 118 $6,660,000 $56,441
Other 95 $7,225,000 $76,053
Refi 55 $7,795,000 $141,727

Bedford's most frequently cited loan purpose was Home Purchase, with 526 originations. The 2nd most popular reason was Cash Out Refi, with 219 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 398 $69,300,000 $174,121
7-8% 278 $40,740,000 $146,547
Over 8% 129 $11,485,000 $89,031
5-6% 124 $20,340,000 $164,032
<2.5% 43 $3,515,000 $81,744
4-5% 10 $1,480,000 $148,000
2.5-3% 5 $655,000 $131,000
3-4% 1 $145,000 $145,000

During 2023, Bedford's most frequently originated rate bucket was 6-7%, with 398 originations.

Loan Sizing (Bedford, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 409 $61,055,000 $149,279
$100,000 or less 371 $20,255,000 $54,596
$200k-400k 210 $55,460,000 $264,095
$400k-600k 12 $5,540,000 $461,667
$600k-1000k 8 $5,970,000 $746,250
$Over $1MM 3 $5,715,000 $1,905,000

Bedford's loan sizing saw the bucket of loans from $100k-200k with 409 originations, totaling $61,055,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 427 $87,395,000 $204,672
60-80% 167 $29,305,000 $175,479
20-40% 144 $11,000,000 $76,389
Under 20% 140 $4,980,000 $35,571
40-60% 93 $11,645,000 $125,215
Over 100% 12 $2,910,000 $242,500

Bedford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 427 originations, totaling $87,395,000 in origination value.