Bedford Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Bedford averaged 6.9% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.03% and one month ago for the week of 2023-02-09, the average rate was 6.22%.

    Bedford's average rate one year ago was 3.95%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.74%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Bedford 30 Year Fixed Rate 2023-03-16 6.9%
    Bedford 30 Year Fixed Rate Refi 2023-03-16 6.74%
    Bedford 15 Year Fixed Rate 2023-03-16 5.99%
    Bedford 15 Year Fixed Rate Refi 2023-03-16 6.2%
    Bedford 30 Year FHA 2023-03-16 6.58%
    Bedford 30 Year FHA Refi 2023-03-16 6.44%
    Bedford 30 Year USDA 2023-03-16 6.92%
    Bedford 30 Year USDA Refi 2023-03-16 6.46%
    Bedford 30 Year VA 2023-03-16 6.8%
    Bedford 30 Year VA Refi 2023-03-16 6.19%
    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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    RUOFF MORTGAGE COMPANY, INC. 99 3.22% $1,779
    QUICKEN LOANS, LLC 46 3.27% $4,923
    CRANE 26 3.45% $1,541
    Jackson County Bank 22 3.36% $2,495
    Flanagan State Bank 19 3.22% $3,321
    German American Bank 18 2.89% $2,670
    AMCAP MORTGAGE, LTD. 17 3.17% $3,385
    Fifth Third Bank 17 3.18% $3,169
    INDIANA UNIVERSITY CREDIT UNION 13 3.21% $1,673
    Old National Bank 12 3.25% $1,662
    JPMorgan Chase Bank 12 3.22% $2,025
    The Peoples State Bank 9 3.31% $2,165
    FAIR WAY LENDING LLC 8 3.17% $3,487
    BETTER MORTGAGE CORPORATION 7 2.93% $2,988
    LOANDEPOT.COM, LLC 7 3.23% $3,529
    Northpointe Bank 6 3.08% $2,806
    PRIMELENDING, A PLAINSCAPITAL COMPANY 6 3.65% $2,955
    AMERICAN MORTGAGE SERVICE COMPANY 4 2.84% $2,534
    Mr. Cooper ( Nationstar Mortgage ) 4 3.84% $3,514
    FORUM Credit Union 4 2.88% $1,964
    NAVY FEDERAL CREDIT UNION 4 3.72% $4,809
    PENNYMAC LOAN SERVICES, LLC 4 3.34% $4,947
    PREMIA MORTGAGE, LLC 4 3.19% $335
    Union Savings Bank 4 2.91% $748
    GVC MORTGAGE, INC. 3 3.21% $3,421
    AMERISAVE MORTGAGE CORPORATION 3 3.21% $3,428
    The Federal Savings Bank 3 2.88% $3,916
    BROKER SOLUTIONS, INC. 3 3.17% $3,985
    Northwest Bank 3 3.25% $2,714
    Wells Fargo Bank 3 3.17% $2,819
    MORTGAGE MASTERS OF INDIANA, INC. 3 2.83% $2,948
    PENTAGON FEDERAL CREDIT UNION 2 2.88% $2,637
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.00% $1,803
    UNITED WHOLESALE MORTGAGE, LLC 2 2.91% $2,156
    Flagstar Bank, FSB 2 3.25% $3,020
    TEACHERS CREDIT UNION 2 3.31% $2,180
    NEWREZ LLC 2 3.50% $3,274
    The Huntington National Bank 2 3.25% $3,850
    CROSSCOUNTRY MORTGAGE, LLC 2 3.43% $4,169
    Farm Credit Mid-America, ACA 2 3.40% $7,658
    Three Rivers Federal Credit Union 1 3.50% $2,231
    UNIVERSITY LENDING GROUP, LLC 1 3.50% $2,311
    U.S. Bank 1 3.63% $2,445
    WesBanco Bank, Inc. 1 3.13% $2,752
    Wolfe Financial, Inc 1 3.75% $4,600
    ZILLOW HOME LOANS, LLC 1 2.88% $2,511
    Nations Lending Corporation 1 3.13% $450
    ACADEMY MORTGAGE CORPORATION 1 3.38% $2,611
    AMERICAN FINANCIAL RESOURCES, INC. 1 2.88% $2,196
    AmeriHome Mortgage Company, LLC 1 3.63% $2,201
    Bank of England 1 3.00% $2,335
    Baxter Credit Union 1 3.13% $2,050
    BMO Harris Bank 1 3.25% $3,224
    CALIBER HOME LOANS, INC. 1 3.20% $2,199
    Carrington Mortgage Services, LLC 1 3.13% $3,996
    Centra Credit Union 1 3.25% $2,788
    CHURCHILL MORTGAGE CORPORATION 1 3.50% $5,233
    CIBM Bank 1 4.38% $3,754
    DAS Acquisition Company, LLC 1 3.50% $2,723
    First Federal Bank, A FSB 1 2.75% $4,567
    First Financial Bank 1 3.25% $5,634
    First Guaranty Mortgage Corporation 1 3.38% $2,518
    First Internet Bank of Indiana 1 3.13% $2,375
    First Savings Bank 1 3.25% $1,917
    GENEVA FINANCIAL, LLC 1 3.25% $4,558
    GSF Mortgage Corporation 1 3.63% $4,818
    HOME POINT FINANCIAL CORPORATION 1 2.99% $2,035
    HOMESIDE FINANCIAL, LLC 1 2.50% $4,064
    INTERRA CREDIT UNION 1 2.88% $1,822
    LAKEVIEW LOAN SERVICING, LLC 1 4.13% $3,140
    LIBERTY HOME MORTGAGE CORPORATION 1 4.00% $4,503
    Merchants Bank of Indiana 1 3.00% $2,534
    MILESTONE HOME LENDING, LLC 1 3.50% $3,547
    MJW Financial LLC 1 3.25% $2,780
    MORTGAGE ACCESS CORP. 1 3.25% $1,953
    MOVEMENT MORTGAGE, LLC 1 4.50% $2,935
    MYCUMORTGAGE, LLC 1 3.75% $3,590
    1ST SIGNATURE LENDING, LLC 1 3.25% $4,311
    PNC Bank 1 3.13% $2,716
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.63% $2,439
    Raymond James Bank 1 3.13% $3,043
    RELIANCE FIRST CAPITAL, LLC 1 3.99% $4,898
    Renasant Bank 1 2.50% $4,409
    ROYAL UNITED MORTGAGE LLC 1 4.38% $3,315
    SUCCESS MORTGAGE PARTNERS, INC. 1 3.88% $5,662
    The State Bank and Trust Company 1 3.13% $2,125

    Bedford Average Closing Costs & Other Stats

    Bedford, IN's 86 lenders originated 1,447 loans during 2021. The total origination value was $234,255,000, with an average loan value of $161,890.

    Bedford's average closing costs are $3,539.

    The top Bedford lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 99 loans originated. Their average total fees are $1,779, which is $3,143 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Bedford lenders (with over 10 loans originated) are CRANE ($1,541), Old National Bank ($1,662), INDIANA UNIVERSITY CREDIT UNION ($1,673), RUOFF MORTGAGE COMPANY, INC. ($1,779) and JPMorgan Chase Bank ($2,025).

    The lowest rate Bedford lenders (with over 10 loans originated) are German American Bank (2.89%), AMCAP MORTGAGE, LTD. (3.17%), Fifth Third Bank (3.18%), INDIANA UNIVERSITY CREDIT UNION (3.21%) and JPMorgan Chase Bank (3.22%).

    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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    RUOFF MORTGAGE COMPANY, INC. $38,210,000 $52,450,000 37.3% 22.4%
    QUICKEN LOANS, LLC $14,465,000 $20,380,000 40.9% 8.7%
    AMCAP MORTGAGE, LTD. $12,835,000 n/a 5.5%
    Flanagan State Bank $14,685,000 $11,285,000 -23.2% 4.8%
    German American Bank $6,645,000 $7,865,000 18.4% 3.4%
    FREEDOM MORTGAGE CORPORATION $5,500,000 $7,650,000 39.1% 3.3%
    Old National Bank $4,425,000 $6,800,000 53.7% 2.9%
    Mortgage Research Center, LLC $3,380,000 $6,235,000 84.5% 2.7%
    INDIANA UNIVERSITY CREDIT UNION $6,940,000 $6,060,000 -12.7% 2.6%
    CRANE $4,880,000 $5,775,000 18.3% 2.5%
    Jackson County Bank $9,585,000 $5,310,000 -44.6% 2.3%
    Fifth Third Bank $3,335,000 $4,825,000 44.7% 2.1%
    FAIR WAY LENDING LLC $1,940,000 $4,555,000 134.8% 1.9%
    The Federal Savings Bank $2,360,000 $3,465,000 46.8% 1.5%
    Owen County State Bank $1,555,000 $3,265,000 110.0% 1.4%
    JPMorgan Chase Bank $890,000 $3,090,000 247.2% 1.3%
    The Peoples State Bank $4,130,000 $3,060,000 -25.9% 1.3%
    NAVY FEDERAL CREDIT UNION $1,960,000 $2,740,000 39.8% 1.2%
    Mr. Cooper ( Nationstar Mortgage ) $1,395,000 $2,670,000 91.4% 1.1%
    USAA Federal Savings Bank $2,065,000 $2,295,000 11.1% 1.0%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $555,000 $2,245,000 304.5% 1.0%
    PENNYMAC LOAN SERVICES, LLC $1,260,000 $2,225,000 76.6% 0.9%
    LOANDEPOT.COM, LLC $1,900,000 $2,170,000 14.2% 0.9%
    CALIBER HOME LOANS, INC. $450,000 $2,045,000 354.4% 0.9%
    FORUM Credit Union $1,990,000 n/a 0.8%
    AMERICAN MORTGAGE SERVICE COMPANY $1,175,000 $1,955,000 66.4% 0.8%
    GVC MORTGAGE, INC. $1,440,000 $1,750,000 21.5% 0.7%
    MORTGAGE MASTERS OF INDIANA, INC. $2,310,000 $1,730,000 -25.1% 0.7%
    NEWREZ LLC $1,115,000 $1,700,000 52.5% 0.7%
    Wells Fargo Bank $215,000 $1,640,000 662.8% 0.7%
    BETTER MORTGAGE CORPORATION $1,605,000 n/a 0.7%
    First Financial Bank $355,000 $1,560,000 339.4% 0.7%
    Carrington Mortgage Services, LLC $1,010,000 $1,545,000 53.0% 0.7%
    Northpointe Bank $890,000 $1,485,000 66.9% 0.6%
    AMERISAVE MORTGAGE CORPORATION $925,000 $1,280,000 38.4% 0.5%
    First Guaranty Mortgage Corporation $760,000 $1,185,000 55.9% 0.5%
    BROKER SOLUTIONS, INC. $745,000 $1,120,000 50.3% 0.5%
    Farm Credit Mid-America, ACA $1,950,000 $1,115,000 -42.8% 0.5%
    SUCCESS MORTGAGE PARTNERS, INC. $505,000 $1,045,000 106.9% 0.4%
    PREMIA MORTGAGE, LLC $995,000 n/a 0.4%
    Union Savings Bank $625,000 $975,000 56.0% 0.4%
    PENTAGON FEDERAL CREDIT UNION $930,000 n/a 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,170,000 $890,000 -23.9% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $425,000 $865,000 103.5% 0.4%
    Raymond James Bank $865,000 n/a 0.4%
    Regions Bank $1,765,000 $855,000 -51.6% 0.4%
    NEW DAY FINANCIAL, LLC $55,000 $780,000 1,318.2% 0.3%
    UNITED WHOLESALE MORTGAGE, LLC $1,600,000 $715,000 -55.3% 0.3%
    The Huntington National Bank $355,000 $705,000 98.6% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $155,000 $695,000 348.4% 0.3%
    HOME POINT FINANCIAL CORPORATION $715,000 $685,000 -4.2% 0.3%
    HOMESIDE FINANCIAL, LLC $680,000 n/a 0.3%
    MOVEMENT MORTGAGE, LLC $650,000 n/a 0.3%
    HALLMARK HOME MORTGAGE, LLC $695,000 $620,000 -10.8% 0.3%
    MICHIGAN MUTUAL, INC. $585,000 $615,000 5.1% 0.3%
    GSF Mortgage Corporation $540,000 n/a 0.2%
    Wolfe Financial, Inc $510,000 n/a 0.2%
    Flagstar Bank, FSB $505,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $515,000 $485,000 -5.8% 0.2%
    Bank of England $185,000 $470,000 154.1% 0.2%
    TEACHERS CREDIT UNION $295,000 $470,000 59.3% 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $460,000 n/a 0.2%
    VILLAGE CAPITAL & INVESTMENT LLC $1,295,000 $460,000 -64.5% 0.2%
    MORTGAGE ACCESS CORP. $490,000 $455,000 -7.1% 0.2%
    CELEBRITY HOME LOANS, LLC $85,000 $425,000 400.0% 0.2%
    Mid-Southern Savings Bank, FSB $235,000 $415,000 76.6% 0.2%
    AMERICAN FINANCIAL RESOURCES, INC. $435,000 $405,000 -6.9% 0.2%
    Northwest Bank $1,040,000 $400,000 -61.5% 0.2%
    AMERIFIRST FINANCIAL CORPORATION $175,000 $385,000 120.0% 0.2%
    21ST MORTGAGE CORPORATION $170,000 $375,000 120.6% 0.2%
    MILESTONE HOME LENDING, LLC $500,000 $370,000 -26.0% 0.2%
    U.S. Bank $370,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $600,000 $340,000 -43.3% 0.1%
    BMO Harris Bank $115,000 $325,000 182.6% 0.1%
    First Federal Bank, A FSB $305,000 n/a 0.1%
    1ST SIGNATURE LENDING, LLC $125,000 $300,000 140.0% 0.1%
    Farmers and Mechanics Federal Savings Bank $260,000 $300,000 15.4% 0.1%
    Baxter Credit Union $610,000 $295,000 -51.6% 0.1%
    INTERRA CREDIT UNION $295,000 n/a 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $65,000 $290,000 346.2% 0.1%
    CHURCHILL MORTGAGE CORPORATION $635,000 $280,000 -55.9% 0.1%
    UNIVERSITY LENDING GROUP, LLC $275,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $155,000 $265,000 71.0% 0.1%
    AMERICAN FINANCING CORPORATION $255,000 n/a 0.1%
    DELMAR FINANCIAL COMPANY $255,000 n/a 0.1%
    OCEANSIDE MORTGAGE COMPANY $275,000 $240,000 -12.7% 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $9,650,000 $240,000 -97.5% 0.1%
    MJW Financial LLC $335,000 $235,000 -29.9% 0.1%
    Renasant Bank $215,000 n/a 0.1%
    CIBM Bank $195,000 n/a 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $330,000 $195,000 -40.9% 0.1%
    First Internet Bank of Indiana $185,000 n/a 0.1%
    SOVEREIGN LENDING GROUP INCORPORATED $185,000 n/a 0.1%
    ACADEMY MORTGAGE CORPORATION $175,000 n/a 0.1%
    Centra Credit Union $270,000 $165,000 -38.9% 0.1%
    CMG MORTGAGE, INC. $165,000 n/a 0.1%
    Loan Simple, Inc. $165,000 n/a 0.1%
    Low VA Rates, LLC $165,000 n/a 0.1%
    POLARIS HOME FUNDING CORP. $135,000 $165,000 22.2% 0.1%
    SOUTHWEST FUNDING, LP $165,000 n/a 0.1%
    The State Bank and Trust Company $205,000 $165,000 -19.5% 0.1%
    PNC Bank $220,000 $155,000 -29.5% 0.1%
    Sierra Pacific Mortgage Company, Inc. $155,000 n/a 0.1%
    UNION HOME MORTGAGE CORP. $75,000 $150,000 100.0% 0.1%
    PLANET HOME LENDING, LLC $75,000 $145,000 93.3% 0.1%
    Colten Mortgage, LLC $135,000 n/a 0.1%
    InterContinental Capital Group, Inc $135,000 n/a 0.1%
    MYCUMORTGAGE, LLC $95,000 $135,000 42.1% 0.1%
    Three Rivers Federal Credit Union $135,000 n/a 0.1%
    AmeriHome Mortgage Company, LLC $125,000 n/a 0.1%
    Chickasaw Community Bank $125,000 n/a 0.1%
    Nations Lending Corporation $470,000 $125,000 -73.4% 0.1%
    TOP FLITE FINANCIAL, INC. $125,000 n/a 0.1%
    PHH Mortgage Corporation $190,000 $120,000 -36.8% 0.1%
    GENEVA FINANCIAL, LLC $115,000 n/a 0.0%
    Horizon Bank $240,000 $115,000 -52.1% 0.0%
    Ixonia Bank $115,000 n/a 0.0%
    Citizens Bank $105,000 n/a 0.0%
    Fidelity Bank $105,000 n/a 0.0%
    LIBERTY HOME MORTGAGE CORPORATION $145,000 $105,000 -27.6% 0.0%
    RELIANCE FIRST CAPITAL, LLC $105,000 n/a 0.0%
    WesBanco Bank, Inc. $105,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $50,000 $90,000 80.0% 0.0%
    LOANPAL, LLC $400,000 $85,000 -78.8% 0.0%
    Merchants Bank of Indiana $85,000 n/a 0.0%
    First Financial Bank $355,000 $75,000 -78.9% 0.0%
    First Savings Bank $240,000 $75,000 -68.8% 0.0%
    KEMBA CREDIT UNION, INC. $75,000 n/a 0.0%
    DAS Acquisition Company, LLC $65,000 n/a 0.0%
    Discover Bank $55,000 n/a 0.0%
    Figure Lending LLC $55,000 n/a 0.0%
    EVANSVILLE TEACHERS $805,000 $45,000 -94.4% 0.0%
    SPRING EQ, LLC $45,000 n/a 0.0%
    MidFirst Bank $35,000 n/a 0.0%
    INDIANA MEMBERS CREDIT UNION $65,000 $15,000 -76.9% 0.0%

    Bedford's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 22.4% market share. In second place, with 8.7%, is QUICKEN LOANS, LLC, having originated $20,380,000 in loans. In third place, with 5.5%, is AMCAP MORTGAGE, LTD., having originated $12,835,000 in loans. In fourth place, with 4.8%, is Flanagan State Bank, having originated $11,285,000 in loans. In fifth place, with 3.4%, is German American Bank, having originated $7,865,000 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 $124,175 (3.5%) $177,918 (10.3%) 0.00 211
    2018-05-01 $129,900 (7.0%) $168,551 (3.3%) 0.00 218
    2018-06-01 $129,900 (0.0%) $167,017 (-1.3%) 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 (10.0%) $180,213 (6.9%) 0.00 230
    2018-10-01 $139,900 (10.2%) $173,160 (2.5%) 0.00 240
    2018-11-01 $137,400 (5.8%) $170,528 (-1.7%) 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%) $181,587 (17.6%) 0.00 168
    2019-04-01 $144,175 (16.1%) $197,433 (11.0%) 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 (11.4%) 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 $247,425 (4.4%) $292,272 (19.0%) 0.00 115
    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 $244,400 (8.7%) $295,390 (18.0%) 0.00 126
    2022-12-01 $249,900 (9.3%) $294,132 (21.4%) 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
    Bedford's median listing price for 2023-02-01 was $239,900, a difference of $4,100 (1.7%) versus the prior year and $-7,300 versus the prior month.

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

    Bedford's average listing price for 2023-02-01 was $298,899, a difference of $47,557 (18.9%) versus the prior year and $-16,501 versus the prior month.

    For the 2023-02-01 period, Bedford had 79 MLS listings, a difference of -18 listings (-19%) versus the prior month and 22 listings (39%) 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 1,619 sqft
    2018-05-01 0 days 1,654 sqft
    2018-06-01 0 days 1,702 sqft
    2018-07-01 0 days 1,685 sqft
    2018-08-01 0 days 1,672 sqft
    2018-09-01 0 days 1,639 sqft
    2018-10-01 0 days 1,674 sqft
    2018-11-01 0 days 1,649 sqft
    2018-12-01 0 days 1,668 sqft
    2019-01-01 0 days 1,653 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 1,788 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
    Bedford's median listing age (time on market) for 2023-02-01 was 0 days.

    Bedford's median square footage for active listings during the 2023-02-01 period was 1,703 sqft. One year prior, the average listing was 1,687 sqft.

    Bedford, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 667 $124,115,000 $186,079
    Refi 433 $62,305,000 $143,891
    Cash Out Refi 274 $39,830,000 $145,365
    Other 39 $3,835,000 $98,333
    Home Improvement 34 $4,170,000 $122,647

    Bedford's most frequently cited loan purpose was Home Purchase, with 667 originations. The 2nd most popular reason was Refi, with 433 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 701 $113,585,000 $162,033
    2.5-3% 457 $76,815,000 $168,085
    <2.5% 200 $31,800,000 $159,000
    4-5% 37 $6,285,000 $169,865
    5-6% 10 $910,000 $91,000
    Over 8% 7 $365,000 $52,143
    6-7% 5 $345,000 $69,000
    7-8% 1 $75,000 $75,000

    During 2021, Bedford's most frequently originated rate bucket was 3-4%, with 701 originations.

    Loan Sizing (Bedford, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 740 $106,660,000 $144,135
    $100,000 or less 354 $24,780,000 $70,000
    $200k-400k 319 $83,945,000 $263,150
    $400k-600k 28 $13,130,000 $468,929
    $600k-1000k 4 $2,840,000 $710,000
    $Over $1MM 2 $2,900,000 $1,450,000

    Bedford's loan sizing saw the bucket of loans from $100k-200k with 740 originations, totaling $106,660,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 716 $130,420,000 $182,151
    60-80% 365 $60,555,000 $165,904
    40-60% 132 $15,610,000 $118,258
    20-40% 81 $6,295,000 $77,716
    Under 20% 37 $1,185,000 $32,027
    Over 100% 23 $4,835,000 $210,217

    Bedford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 716 originations, totaling $130,420,000 in origination value.