Is Bedford, VA 24523 a buyer’s or seller’s market?

The Bedford housing market right now

In the three months ending August 31, 2026, 25% of homes in Bedford, VA 24523 sold above their list price, the typical home went under contract in 26 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 87 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold about as fast and the median sale price rose 14% to $329,857. Overall, Bedford is more competitive than a year ago, so tougher for buyers.

Within Bedford County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Bedford ranks #182 of 358 VA ZIP codes with enough sales (score 61 out of 100).

Nearby, buyers who want less competition could look at Big Island 24526 (0% sold over asking) or Blue Ridge 24064 (7% sold over asking), while Thaxton 24174 (43% sold over asking) and Vinton 24179 (33% sold over asking) are even more competitive.