Home prices
The value of the median home in Bedford is $144,800. In comparison to the surrounding areas this is approximately $34,080 (19%) lower.It is approximately $72,700 (33%) lower in comparison to the entire country, and it is about $11,500 (7%) lower compared to the city of Greensboro.
Rents
The median monthly rent in Bedford is $766. In comparison to nearby areas it is roughly $87 (10%) lower.Compared to the rest of the nation it is roughly $296 (27%) lower, and in comparison to the city of Greensboro is approximately $111 (12%) lower.
Nearby places
Forest
Forest is roughly 11 miles east from Bedford. Housing prices there are a lot more expensive. The median home in Forest costs $234,500, which is $89,700 (38%) higher than Bedford. Its rents are a little more expensive. In Forest the median monthly rent is $988, which is $222 (22%) higher than Bedford.
Timberlake
Timberlake is approximately 12 miles east from Bedford. Real estate prices there are a little more expensive. The median home value in Timberlake is $184,700, which comes out to $39,900 (21%) higher than Bedford. The rent there is a bit more expensive. In Timberlake the median monthly rent is $909, which comes out to $143 (15%) higher than Bedford.
Blue Ridge
Blue Ridge is roughly 14 miles west from Bedford. Housing prices there are a little more expensive. The median home value in Blue Ridge is $189,900, which comes out to $45,100 (23%) higher than Bedford. Rents there are a bit less expensive. Blue Ridge's median monthly rent is $725, which comes out to $41 (5%) lower than Bedford.
Buchanan
Buchanan is roughly 15 miles northwest of Bedford. Its real estate prices are a bit less expensive. The median home cost in Buchanan is $125,200, which works out to $19,600 (15%) lower than Bedford. Its rents are fairly similar. Buchanan's median rent is $784 a month, which comes out to $18 (2%) higher than Bedford.
Lynchburg
Lynchburg is about 16 miles east of Bedford. Real estate prices there are a bit more expensive. The value of the median home in Lynchburg is $160,100, which works out to $15,300 (9%) higher than Bedford. The rent there is somewhat more expensive. Lynchburg's median monthly rent is $857, which is $91 (10%) higher than Bedford.