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 7.21% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 7.15% and one month ago for the week of 2023-08-10, the average rate was 6.89%.

Bedford's average rate one year ago was 6.02%.

For refis of the same type during the week of 2023-09-14, the average rate was 7.28%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Bedford 30 Year Fixed Rate 2023-09-14 7.21%
Bedford 30 Year Fixed Rate Refi 2023-09-14 7.28%
Bedford 15 Year Fixed Rate 2023-09-14 6.51%
Bedford 15 Year Fixed Rate Refi 2023-09-14 6.51%
Bedford 30 Year FHA 2023-09-14 6.9%
Bedford 30 Year FHA Refi 2023-09-14 6.79%
Bedford 30 Year USDA 2023-09-14 6.8%
Bedford 30 Year USDA Refi 2023-09-14 7.18%
Bedford 30 Year VA 2023-09-14 6.75%
Bedford 30 Year VA Refi 2023-09-14 6.91%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
RUOFF MORTGAGE COMPANY, INC. 58 5.16% $1,720
QUICKEN LOANS, LLC 30 5.18% $5,325
CRANE 20 4.81% $1,630
JPMorgan Chase Bank 19 5.10% $3,088
INDIANA UNIVERSITY CREDIT UNION 19 4.63% $1,689
Flanagan State Bank 19 5.52% $3,305
Jackson County Bank 16 4.91% $3,064
Old National Bank 14 4.68% $2,418
AMCAP MORTGAGE, LTD. 12 5.56% $4,707
German American Bank 7 4.86% $3,060
The Peoples State Bank 7 5.70% $2,228
Fifth Third Bank 6 4.83% $3,354
Mr. Cooper ( Nationstar Mortgage ) 5 4.37% $6,104
NAVY FEDERAL CREDIT UNION 4 6.13% $1,100
PENNYMAC LOAN SERVICES, LLC 4 5.44% $5,257
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.79% $3,586
Union Savings Bank 3 4.50% $2,232
AMERICAN MORTGAGE SERVICE COMPANY 3 5.21% $2,712
LOANDEPOT.COM, LLC 3 4.96% $5,870
ROYAL UNITED MORTGAGE LLC 3 5.67% $5,928
Farm Credit Mid-America, ACA 3 5.55% $7,533
Regions Bank 3 4.38% $3,330
Citizens Bank 2 3.94% $2,543
AMERIFIRST FINANCIAL CORPORATION 2 5.94% $3,583
Bank of America 2 4.38% $4,797
Baxter Credit Union 2 5.69% $2,761
BROKER SOLUTIONS, INC. 2 3.74% $5,664
EVANSVILLE TEACHERS 2 6.19% $2,253
FREEDOM MORTGAGE CORPORATION 2 5.19% $4,202
GVC MORTGAGE, INC. 2 4.59% $5,467
HOME POINT FINANCIAL CORPORATION 2 5.19% $2,817
MORTGAGE ACCESS CORP. 2 4.24% $2,254
MORTGAGE MASTERS OF INDIANA, INC. 2 4.94% $2,845
Nations Lending Corporation 2 6.88% $3,602
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 4.88% $3,793
The Huntington National Bank 2 5.31% $4,425
UNITED WHOLESALE MORTGAGE, LLC 2 4.30% $4,347
KeyBank 1 5.04% $473
Colten Mortgage, LLC 1 6.50% $2,963
LOANPAL, LLC 1 3.88% $3,100
MJW Financial LLC 1 7.00% $4,737
Abound Federal Credit Union 1 5.88% $1,965
THRIVE MORTGAGE, LLC 1 5.88% $3,237
Mortgage Research Center, LLC 1 6.13% $2,864
1st Source Bank 1 5.75% $1,757
UNION HOME MORTGAGE CORP. 1 4.88% $4,372
Centra Credit Union 1 3.75% $2,373
Carrington Mortgage Services, LLC 1 4.00% $2,788
BMO Harris Bank 1 4.00% $2,266
PNC Bank 1 5.38% $2,713
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.63% $3,247
21ST MORTGAGE CORPORATION 1 6.50% $7,564
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 5.00% $10,247
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.75% $2,059
AMERICAN FINANCING CORPORATION 1 3.38% $4,178
Advisors Mortgage Group, L.L.C. 1 3.63% $1,635
Security Federal Savings Bank 1 6.75% $2,157
SOFI LENDING CORP. 1 5.38% $5,623
SUCCESS MORTGAGE PARTNERS, INC. 1 5.13% $6,937
TEACHERS CREDIT UNION 1 4.88% $1,439
FIRST CENTENNIAL MORTGAGE CORPORATION 1 5.25% $2,325
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.50% $5,356
The Federal Savings Bank 1 6.00% $4,079
U.S. Bank 1 5.99% $3,546
Horizon Bank 1 5.88% $2,094
FirstBank 1 3.88% $1,685
FAIR WAY LENDING LLC 1 5.88% $6,331
EVERETT FINANCIAL, INC. 1 3.63% $2,158

Bedford Average Closing Costs & Other Stats

Bedford, IN's 68 lenders originated 1,238 loans during 2022. The total origination value was $187,040,000, with an average loan value of $151,082.

Bedford's average closing costs are $3,704.

The top Bedford lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 58 loans originated. Their average total fees are $1,720, which is $3,605 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Bedford lenders (with over 10 loans originated) are CRANE ($1,630), INDIANA UNIVERSITY CREDIT UNION ($1,689), RUOFF MORTGAGE COMPANY, INC. ($1,720), Old National Bank ($2,418) and Jackson County Bank ($3,064).

The lowest rate Bedford lenders (with over 10 loans originated) are INDIANA UNIVERSITY CREDIT UNION (4.63%), Old National Bank (4.68%), CRANE (4.81%), Jackson County Bank (4.91%) and JPMorgan Chase Bank (5.10%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
RUOFF MORTGAGE COMPANY, INC. $52,450,000 $32,640,000 -37.8% 17.5%
QUICKEN LOANS, LLC $20,380,000 $12,135,000 -40.5% 6.5%
CRANE $5,775,000 $8,870,000 53.6% 4.7%
Flanagan State Bank $11,285,000 $8,640,000 -23.4% 4.6%
Jackson County Bank $5,310,000 $7,655,000 44.2% 4.1%
AMCAP MORTGAGE, LTD. $12,835,000 $6,950,000 -45.9% 3.7%
German American Bank $7,865,000 $6,080,000 -22.7% 3.3%
INDIANA UNIVERSITY CREDIT UNION $6,060,000 $5,815,000 -4.0% 3.1%
Mortgage Research Center, LLC $6,235,000 $4,905,000 -21.3% 2.6%
Old National Bank $6,800,000 $4,290,000 -36.9% 2.3%
JPMorgan Chase Bank $3,090,000 $3,735,000 20.9% 2.0%
Owen County State Bank $3,265,000 $3,270,000 0.2% 1.7%
Fifth Third Bank $4,825,000 $2,850,000 -40.9% 1.5%
LOANDEPOT.COM, LLC $2,170,000 $2,370,000 9.2% 1.3%
NAVY FEDERAL CREDIT UNION $2,740,000 $2,225,000 -18.8% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $2,670,000 $1,980,000 -25.8% 1.1%
PENNYMAC LOAN SERVICES, LLC $2,225,000 $1,955,000 -12.1% 1.0%
The Federal Savings Bank $3,465,000 $1,775,000 -48.8% 0.9%
AMERICAN MORTGAGE SERVICE COMPANY $1,955,000 $1,740,000 -11.0% 0.9%
The Peoples State Bank $3,060,000 $1,715,000 -44.0% 0.9%
FREEDOM MORTGAGE CORPORATION $7,650,000 $1,690,000 -77.9% 0.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $890,000 $1,515,000 70.2% 0.8%
UNITED WHOLESALE MORTGAGE, LLC $715,000 $1,505,000 110.5% 0.8%
Regions Bank $855,000 $1,355,000 58.5% 0.7%
Farm Credit Mid-America, ACA $1,115,000 $1,250,000 12.1% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,245,000 $1,025,000 -54.3% 0.5%
Carrington Mortgage Services, LLC $1,545,000 $990,000 -35.9% 0.5%
MORTGAGE MASTERS OF INDIANA, INC. $1,730,000 $990,000 -42.8% 0.5%
Nations Lending Corporation $125,000 $875,000 600.0% 0.5%
EVANSVILLE TEACHERS $45,000 $810,000 1,700.0% 0.4%
Union Savings Bank $975,000 $800,000 -17.9% 0.4%
MOVEMENT MORTGAGE, LLC $650,000 $735,000 13.1% 0.4%
The Huntington National Bank $705,000 $715,000 1.4% 0.4%
FIRST COMMUNITY MORTGAGE, INC. $705,000 n/a 0.4%
21ST MORTGAGE CORPORATION $375,000 $660,000 76.0% 0.4%
SOFI LENDING CORP. $650,000 n/a 0.3%
NEW DAY FINANCIAL, LLC $780,000 $635,000 -18.6% 0.3%
PHH Mortgage Corporation $120,000 $630,000 425.0% 0.3%
GVC MORTGAGE, INC. $1,750,000 $610,000 -65.1% 0.3%
BROKER SOLUTIONS, INC. $1,120,000 $600,000 -46.4% 0.3%
Armed Forces Bank $565,000 n/a 0.3%
Elements Financial Federal Credit Union $565,000 n/a 0.3%
USAA Federal Savings Bank $2,295,000 $560,000 -75.6% 0.3%
Baxter Credit Union $295,000 $555,000 88.1% 0.3%
AMERIFIRST FINANCIAL CORPORATION $385,000 $545,000 41.6% 0.3%
MJW Financial LLC $235,000 $545,000 131.9% 0.3%
MICHIGAN MUTUAL, INC. $615,000 $540,000 -12.2% 0.3%
Flagstar Bank, FSB $505,000 $515,000 2.0% 0.3%
NBKC BANK $515,000 n/a 0.3%
HALLMARK HOME MORTGAGE, LLC $620,000 $510,000 -17.7% 0.3%
MORTGAGE ACCESS CORP. $455,000 $510,000 12.1% 0.3%
FAIR WAY LENDING LLC $4,555,000 $500,000 -89.0% 0.3%
Bank of America $490,000 n/a 0.3%
PREMIA MORTGAGE, LLC $995,000 $490,000 -50.8% 0.3%
Citizens Bank $105,000 $480,000 357.1% 0.3%
ROYAL UNITED MORTGAGE LLC $340,000 $460,000 35.3% 0.2%
CALIBER HOME LOANS, INC. $2,045,000 $440,000 -78.5% 0.2%
Farmers and Mechanics Federal Savings Bank $300,000 $440,000 46.7% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $240,000 $435,000 81.3% 0.2%
BNC National Bank $425,000 n/a 0.2%
NEWREZ LLC $1,700,000 $390,000 -77.1% 0.2%
FirstBank $385,000 n/a 0.2%
MILESTONE HOME LENDING, LLC $370,000 $380,000 2.7% 0.2%
The Riddell National Bank $355,000 n/a 0.2%
Mid-Southern Savings Bank, FSB $415,000 $330,000 -20.5% 0.2%
First Financial Bank $75,000 $325,000 333.3% 0.2%
HOME POINT FINANCIAL CORPORATION $685,000 $320,000 -53.3% 0.2%
Centra Credit Union $165,000 $315,000 90.9% 0.2%
CMG MORTGAGE, INC. $165,000 $315,000 90.9% 0.2%
FORUM Credit Union $1,990,000 $315,000 -84.2% 0.2%
PNC Bank $155,000 $300,000 93.5% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,280,000 $295,000 -77.0% 0.2%
THRIVE MORTGAGE, LLC $295,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $460,000 $290,000 -37.0% 0.2%
Horizon Bank $115,000 $285,000 147.8% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $290,000 $280,000 -3.4% 0.1%
Wolfe Financial, Inc $510,000 $270,000 -47.1% 0.1%
GUARANTEED RATE AFFINITY, LLC $265,000 n/a 0.1%
North American Savings Bank, F.S.B. $265,000 n/a 0.1%
The Home Loan Expert LLC $250,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $150,000 $240,000 60.0% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $235,000 n/a 0.1%
BMO Harris Bank $325,000 $235,000 -27.7% 0.1%
Merchants Bank of Indiana $85,000 $235,000 176.5% 0.1%
TEACHERS CREDIT UNION $470,000 $225,000 -52.1% 0.1%
EVERETT FINANCIAL, INC. $215,000 n/a 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $215,000 n/a 0.1%
1st Source Bank $205,000 n/a 0.1%
Colten Mortgage, LLC $135,000 $205,000 51.9% 0.1%
HOMESIDE FINANCIAL, LLC $680,000 $205,000 -69.9% 0.1%
Gateway First Bank $200,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $695,000 $185,000 -73.4% 0.1%
Advisors Mortgage Group, L.L.C. $175,000 n/a 0.1%
Northwest Bank $400,000 $175,000 -56.3% 0.1%
RELIANCE FIRST CAPITAL, LLC $105,000 $175,000 66.7% 0.1%
CRESCENT MORTGAGE COMPANY $165,000 n/a 0.1%
UNITED MORTGAGE CORP. $155,000 n/a 0.1%
LOANPAL, LLC $85,000 $150,000 76.5% 0.1%
Bank of England $470,000 $145,000 -69.1% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $1,045,000 $145,000 -86.1% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $405,000 $135,000 -66.7% 0.1%
BETTER MORTGAGE CORPORATION $1,605,000 $135,000 -91.6% 0.1%
PLAZA HOME MORTGAGE, INC. $135,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $125,000 $135,000 8.0% 0.1%
Abound Federal Credit Union $125,000 n/a 0.1%
Figure Lending LLC $55,000 $115,000 109.1% 0.1%
Mid-Continent Funding, Inc. $115,000 n/a 0.1%
MIDLAND MORTGAGE CORPORATION $115,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $105,000 n/a 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $105,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $105,000 n/a 0.1%
Security Federal Savings Bank $105,000 n/a 0.1%
Northpointe Bank $1,485,000 $95,000 -93.6% 0.1%
PENTAGON FEDERAL CREDIT UNION $930,000 $95,000 -89.8% 0.1%
AMERICAN FINANCING CORPORATION $255,000 $85,000 -66.7% 0.0%
Arvest Bank $85,000 n/a 0.0%
CROSSCOUNTRY MORTGAGE, LLC $865,000 $85,000 -90.2% 0.0%
U.S. Bank $370,000 $85,000 -77.0% 0.0%
KeyBank $75,000 n/a 0.0%
Equity Prime Mortgage LLC $65,000 n/a 0.0%
First Guaranty Mortgage Corporation $1,185,000 $65,000 -94.5% 0.0%
SPRING EQ, LLC $45,000 $55,000 22.2% 0.0%
Wells Fargo Bank $1,640,000 $55,000 -96.6% 0.0%
AMERICAN ADVISORS GROUP $90,000 $35,000 -61.1% 0.0%
Industrial Federal Credit Union $25,000 n/a 0.0%
STAR Financial Bank $15,000 n/a 0.0%

Bedford's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 17.5% market share. In second place, with 6.5%, is QUICKEN LOANS, LLC, having originated $12,135,000 in loans. In third place, with 4.7%, is CRANE, having originated $8,870,000 in loans. In fourth place, with 4.6%, is Flanagan State Bank, having originated $8,640,000 in loans. In fifth place, with 4.1%, is Jackson County Bank, having originated $7,655,000 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 (0.0%) $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%) $181,585 (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 $247,425 (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 $244,450 (-1.2%) $291,448 (14.6%) 0.00 127
2022-11-01 $242,175 (7.7%) $295,090 (17.9%) 0.00 125
2022-12-01 $247,000 (8.0%) $293,872 (21.3%) 0.00 123
2023-01-01 $246,950 (-1.2%) $315,250 (20.2%) 0.00 96
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 (-1.6%) 0.00 81
Bedford's median listing price for 2023-08-01 was $233,700, a difference of $-13,725 (-5.6%) versus the prior year and $-9,000 versus the prior month.

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

Bedford's average listing price for 2023-08-01 was $287,706, a difference of $-4,566 (-1.6%) versus the prior year and $510 versus the prior month.

For the 2023-08-01 period, Bedford had 81 MLS listings, a difference of 6 listings (8%) versus the prior month and -34 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 1,788 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
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
Bedford's median listing age (time on market) for 2023-08-01 was 0 days.

Bedford's median square footage for active listings during the 2023-08-01 period was 1,793 sqft. One year prior, the average listing was 1,774 sqft.

Bedford, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 599 $114,535,000 $191,210
Cash Out Refi 316 $43,220,000 $136,772
Other 118 $7,390,000 $62,627
Refi 118 $16,190,000 $137,203
Home Improvement 87 $5,705,000 $65,575

Bedford's most frequently cited loan purpose was Home Purchase, with 599 originations. The 2nd most popular reason was Cash Out Refi, with 316 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 348 $52,160,000 $149,885
4-5% 284 $42,790,000 $150,669
3-4% 230 $38,920,000 $169,217
6-7% 170 $28,830,000 $169,588
<2.5% 66 $5,790,000 $87,727
2.5-3% 55 $7,035,000 $127,909
7-8% 39 $6,355,000 $162,949
Over 8% 16 $1,100,000 $68,750

During 2022, Bedford's most frequently originated rate bucket was 5-6%, with 348 originations.

Loan Sizing (Bedford, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 509 $73,855,000 $145,098
$100,000 or less 431 $24,225,000 $56,206
$200k-400k 267 $70,285,000 $263,240
$400k-600k 25 $11,685,000 $467,400
$600k-1000k 3 $1,945,000 $648,333
$Over $1MM 3 $5,045,000 $1,681,667

Bedford's loan sizing saw the bucket of loans from $100k-200k with 509 originations, totaling $73,855,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 515 $100,845,000 $195,816
60-80% 266 $45,720,000 $171,880
40-60% 139 $16,815,000 $120,971
20-40% 136 $8,810,000 $64,779
Under 20% 124 $3,860,000 $31,129
Over 100% 16 $4,180,000 $261,250

Bedford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 515 originations, totaling $100,845,000 in origination value.