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BEDFORD, VA 24523

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BEDFORD, VA real estate market (24523) currently shows 119 active listings, with 60 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 64 more homes available — giving buyers more choice.

Homes are selling faster, averaging 57 days on market compared to 96 days last year.

The median listing price has risen 6.7% year-over-year, from $371,175 to $395,925.

Whether you are buying or selling in BEDFORD, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,132  ·  Density: 35.5/mi²  ·  Median household income: $62,095

Typical home value: $215,623  ·  Homeownership: 75.5%

Market Overview

Active Listings
119
⇧ 116.4% vs 55 last year
Pending
60
50% pending ratio
Median Price
$395,925
⇧ 6.7% vs $371,175 last year
Average Price
$451,470
⇧ 4.7% vs $431,308 last year
Days on Market
57
⇩ 40.6% vs 96 days last year

Price Per Square Foot

Median $/sqft
$219
vs $219/sqft last year
Median Home Size
1,696 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 55 last year
  • Days on market: 57 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $395,925 (+6.7% YoY)
  • Average: $451,470 (+4.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.4 miles — 591 listings ($230,470,889 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24523Bedford, VA 245230.0 mi109$49,658,438$399,900$455,582
24174Thaxton, VA 241748.0 mi2$444,900$222,450$222,450
24122Montvale, VA 2412211.0 mi0$0$309,950$309,950
24104Huddleston, VA 2410414.0 mi47$26,382,087$435,000$561,321
24095Goodview, VA 2409514.2 mi17$13,159,632$529,950$774,096
24550Evington, VA 2455015.7 mi16$6,525,024$369,900$407,814
24066Buchanan, VA 2406616.3 mi13$5,568,303$459,950$428,331
24502Lynchburg, VA 2450216.8 mi194$63,173,966$299,950$325,639
24579Natural Bridge Station, VA 2457917.4 mi2$1,398,000$699,000$699,000
24501Lynchburg, VA 2450120.2 mi115$27,570,675$232,450$239,745
24517Altavista, VA 2451720.8 mi31$8,444,834$215,900$272,414
24184Wirtz, VA 2418422.1 mi29$22,314,630$444,900$769,470
24574Monroe, VA 2457422.4 mi16$5,830,400$249,900$364,400

Frequently Asked Questions

How many homes are for sale in BEDFORD, VA 24523?

As of February 2026, there are 119 active listings in BEDFORD, VA (zip code 24523), compared to 55 the prior year.

What is the median home price in BEDFORD, VA 24523?

The median listing price in BEDFORD, VA 24523 is $395,925 as of February 2026, a 6.7% increase from $371,175 the prior year.

How long do homes stay on the market in BEDFORD, VA?

Homes in BEDFORD, VA 24523 spend an average of 57 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in BEDFORD, VA 24523?

Based on current inventory and days-on-market data as of February 2026, BEDFORD, VA 24523 is currently a Balanced Market. Inventory has increased compared to last year, with 64 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 96 days last year.

How much can I save on real estate commission in BEDFORD, VA?

With SELL123.com's maximum 3% commission, sellers in BEDFORD, VA 24523 save an estimated $7,919 compared to a typical 5% commission on the median listing price of $395,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.