Bedford, VA Real Estate
According to census data in the year 2000 there were 2,702 housing units in Bedford.
This represents a 2.9% growth from 2,625 in 1990.
Of those housing units, 2,702 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bedford is about 60.3%.
Bedford's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Bedford were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 10.80% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 44.40% |
| Four Bedrooms | 11.30% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $90,400 |
| Median Price asked for vacant units | $58,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $192 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 38.60% |
| Debt Free | 49.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
