Home/Virginia/Bedford County

Bedford County Housing Market

Virginia · 133 counties · Ranked #2529 in home value

Below National Avg

Housing at a Glance

Median Home Value

$276,600

vs national$276,600 vs $281,900 national

Median Gross Rent

$955/mo

vs national$955 vs $1,163 national

Effective Tax Rate

0.46%

vs national0.46% vs 1.02% national

Median Household Income

$77,644

vs national+$77,644 vs $74,755 national

Affordability Ratio

3.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

27.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,265

Tax as % of Home Value

0.46%

Monthly Owner Cost

$935

Renter Income

$42,193

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$190+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Bedford County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Bedford County?

The median home value in Bedford County is $276,600. This is below the national median of $281,900.

How much is rent in Bedford County?

The median gross rent in Bedford County is $955 per month.

What is the property tax rate in Bedford County?

The effective property tax rate in Bedford County is 0.46%. The median annual property tax bill is $1,265.

Is Bedford County affordable?

With a home-value-to-income ratio of 3.6x, Bedford County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.