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 7.35% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.93% and one month ago for the week of 2024-03-14, the average rate was 6.79%.

    Bedford's average rate one year ago was 6.22%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.4%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Bedford 30 Year Fixed Rate 2024-04-18 7.35%
    Bedford 30 Year Fixed Rate Refi 2024-04-18 7.4%
    Bedford 15 Year Fixed Rate 2024-04-18 6.59%
    Bedford 15 Year Fixed Rate Refi 2024-04-18 6.49%
    Bedford 30 Year FHA 2024-04-18 7.11%
    Bedford 30 Year FHA Refi 2024-04-18 6.66%
    Bedford 30 Year USDA 2024-04-18 6.96%
    Bedford 30 Year USDA Refi 2024-04-18 6.66%
    Bedford 30 Year VA 2024-04-18 6.79%
    Bedford 30 Year VA Refi 2024-04-18 6.96%
    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
    Bedford's median listing price for 2024-03-01 was $219,900, a difference of $-25,050 (-10.2%) 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 2024-03-01 was $282,986, a difference of $-35,502 (-11.2%) versus the prior year and $10,531 versus the prior month.

    For the 2024-03-01 period, Bedford had 106 MLS listings, a difference of -1 listings (-1%) versus the prior month and 39 listings (58%) 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
    Bedford's median listing age (time on market) for 2024-03-01 was 0 days.

    Bedford's median square footage for active listings during the 2024-03-01 period was 1,570 sqft. One year prior, the average listing was 1,788 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.