Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$351,809+4.2% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$76,265About 1.0× the local median income ($77,289): affordable for a typical household
Days on market69 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.7%Zillow expects prices to rise slightly
The typical home in Bedford County, VA is worth $351,809, up 4.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $306,345, so the area is 14.8% overvalued. It is a balanced market: homes take about 69 days to sell, listings are up 25% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 2.7% over the next year. A household needs about $76,265 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,289. Typical rent is $1,534 a month, or $1,934 for a house. In the latest IRS figures, 724 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$351,809
Change in 1 year
+4.2%
Overvalued %
+14.8%
Show 7 more
Fair home value
$306,345
Change in 5 years
+31.2%
Zillow forecast, next 12 months
+2.7%
Home value to income
4.6×
Monthly mortgage payment (20% down)
$1,907
Income needed to afford it
$76,265
Property tax rate
0.43%
Rent and investing
Typical rent
$1,534
Typical rent for houses
$1,934
Price-to-rent ratio
19.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,117
Gross rental yield
5.23%
Cap rate (estimate)
3.40%
Market activity
Listings vs a year ago
+24.6%
Days on market
69
Listings with a price cut
21.2%
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Homes for sale
421
Pending sales per 100 listings
50
Asking price per sq ft
$216
People and jobs
Median household income
$77,289
Population change (1 year)
+0.7%
Unemployment rate
3.1%
Show 4 more
Population
83,059
Income adjusted for cost of living
$86,453
Net moves in (IRS)
+724
Cost of living (US = 100)
89.4
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
51.2
Flood risk score
68.3
Show 3 more
Wildfire risk score
66.6
Walkability (1 to 20)
5.4
Road, rail and air noise
53 dB
Questions people ask
Is Bedford County, VA overvalued?
Home prices in Bedford County, VA are well above what local incomes have historically supported: fair value is about $306,345, so the area is 14.8% overvalued.
Is Bedford County, VA a buyer's or seller's market?
Bedford County, VA is a balanced market: homes take about 69 days to sell, listings are up 25% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Bedford County, VA?
Home values in Bedford County, VA are up 4.2% over the last year. Zillow's forecast for the next 12 months is +2.7%.
How much do you need to earn to buy a home in Bedford County, VA?
A household needs about $76,265 a year to afford the typical home in Bedford County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,289.