What is the median home value in Bedford Township, MI?
The median value of owner-occupied homes in Bedford Township, MI is $253,100 (±$13,655), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Bedford Township, the median home value went from $173,000 in 2015–2019 to $253,100 in 2020–2024 (+46.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $253,100 (±$13,655)
- Owner-occupied homes
- 11,212 (±460)
- Most common range
- $300,000 to $499,999
Home values in Bedford Township
| Value | Bedford Township | Monroe County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 5.4% (±1.9 points) | 8.0% | 7.6% | 5.3% |
| $50,000 to $99,999 | 3.1% (±1.4 points) | 5.2% | 9.2% | 6.1% |
| $100,000 to $149,999 | 7.5% (±2.0 points) | 9.0% | 10.6% | 6.8% |
| $150,000 to $199,999 | 17.9% (±3.6 points) | 19.5% | 14.1% | 9.0% |
| $200,000 to $299,999 | 28.9% (±3.4 points) | 25.0% | 23.4% | 17.8% |
| $300,000 to $499,999 | 32.1% (±4.1 points) | 27.6% | 24.1% | 26.9% |
| $500,000 to $999,999 | 4.6% (±1.3 points) | 5.3% | 9.2% | 20.9% |
| $1,000,000 or more | 0.5% (±0.5 points) | 0.4% | 1.6% | 7.1% |
The most common range is $300,000 to $499,999, 32.1% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Bedford Township against Monroe County, its state and the nation
| Bedford Township | Monroe County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $253,100 (±$13,655) | $228,900 (±$4,750) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 11,212 (±460) | 51,502 (±807) | 2,984,190 (±12,886) | 84,210,142 |
In Bedford Township, the median home value is higher than in Monroe County ($228,900).
It is also higher than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Monroe County, Bedford Township ranks 8 of 18 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 371 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Bedford Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $173,000 (±$4,421) | $253,100 (±$13,655) | +46.3% | Up after inflation |
| Median owner cost with a mortgage | $1,356 (±$42) | $1,615 (±$72) | +19.1% | No measurable change after inflation |
| Median real estate taxes | $2,071 (±$95) | $2,759 (±$116) | +33.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Bedford Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Bedford Township | — | $253,100 (±$13,655) | — |
| Whiteford Township | 5.9 mi | $277,900 (±$25,082) | Not measurably different |
| Erie Township | 5.9 mi | $197,100 (±$27,023) | Lower |
| Ida Township | 6.5 mi | $317,100 (±$28,807) | Higher |
| Sylvania | 7.3 mi | $249,200 (±$10,152) | Not measurably different |
| Toledo | 7.6 mi | $114,500 (±$3,013) | Lower |
| Ottawa Hills | 7.7 mi | $314,900 (±$35,550) | Higher |
| Luna Pier | 8.2 mi | $188,800 (±$29,818) | Lower |
| Sylvania Township | 8.4 mi | $277,900 (±$8,403) | Higher |
Nearby places with a measurably lower figure: Erie Township, MI ($197,100), Toledo, OH ($114,500), Luna Pier, MI ($188,800).
Nearby places with a measurably higher figure: Ida Township, MI ($317,100), Ottawa Hills, OH ($314,900), Sylvania Township, OH ($277,900).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Monroe County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 2 | Exeter Township | $310,100 (±$29,698) |
| 3 | Summerfield Township (Monroe County) | $284,700 (±$53,182) |
| 4 | Whiteford Township | $277,900 (±$25,082) |
| 5 | Dundee Township | $274,000 (±$24,392) |
| 6 | Berlin Charter Township | $268,300 (±$22,056) |
| 7 | Ash Township | $257,900 (±$35,217) |
| 8 | Bedford Township | $253,100 (±$13,655) |
| 9 | Milan Township | $248,600 (±$41,683) |
| 10 | Raisinville Township | $240,400 (±$25,406) |
| 11 | London Township | $235,200 (±$15,530) |
| 12 | La Salle Township | $233,200 (±$22,786) |
| 13 | Petersburg | $215,500 (±$18,540) |
| 14 | Frenchtown Township | $208,000 (±$17,228) |
Showing 13 of 18 places in Monroe County, ranked from highest to lowest.
The figures for Bedford Township include the places inside it that have pages of their own: Lambertville, Temperance.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Bedford Township
What is the average home value in Bedford Township, MI?
The Census Bureau publishes the median: $253,100 (±$13,655) for owner-occupied homes in Bedford Township (2020–2024 American Community Survey).
Have home values in Bedford Township gone up?
In Bedford Township, the median home value went from $173,000 in 2015–2019 to $253,100 in 2020–2024 (+46.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Bedford Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bedford township, Monroe County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bedford township, Monroe County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Bedford township, Monroe County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Bedford township, Monroe County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Bedford township, Monroe County, Michigan (county subdivision:06740, in state:26 county:115).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Bedford Township at a glance
- Median rent in Bedford Township
- Rent by bedrooms in Bedford Township
- Rent burden in Bedford Township
- Renters and owners in Bedford Township
- Income and affordability in Bedford Township
- Homeowner costs in Bedford Township
- Property taxes in Bedford Township
- Types of homes in Bedford Township
- Bedrooms in Bedford Township
- Age of homes in Bedford Township
- Heating fuel in Bedford Township
- Commute and cars in Bedford Township
- Population growth in Bedford Township
- How long people stay in Bedford Township
- Crowding and facilities in Bedford Township
- Michigan landlord and tenant rules
- Housing across Monroe County
- Michigan places ranked by median home value
- Housing data for every place in Michigan