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Foreclosure Homes in Bedford, VA

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12 Mcghee-st-Bedford-VA-24523
Foreclosure
$85,000 List Price

Mcghee St
Bedford, VA 24523

3 Bed | 1 Bath | 1,050 Sq. Ft.

38 Wheatland-rd-Bedford-VA-24523
As-Is Deal
$260,000 List Price

Wheatland Rd
Bedford, VA 24523

4 Bed | 3 Bath | 1,528 Sq. Ft.

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Foreclosure Homes in Bedford, VA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bedford, VA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bedford, VA and much more. Save thousands at closing with home foreclosure listings in Bedford, VA — up to 75% off market value!


Top Reasons To Live In Bedford, VA In 2021

Bedford is located in Bedford, Virginia, with an estimated municipal population of 6,597 residents. All of the best foreclosed homes for sale in Bedford are located in the following zip code areas on Foreclosure.com: 24523. The estimated population per square kilometer (.62 miles) in Bedford is 292.


Cost Of Living In Bedford, VA

So, about how much do homes cost in Bedford? The most recent median value of resident-owned homes in Bedford is 146,044. An estimated 46.4 percent of households in Bedford own their homes, with an average family size of 2.96. The median household income in Bedford is 36,364, with10.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bedford, the median commute time of resident workers (in minutes) is 21.5. And last, but certainly not least, are you looking for homes to rent in Bedford? If so, the average rent price paid by renters in Bedford is 766, according to recent statistics.


Diversity And Demographics In Bedford, Virginia

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Bedford, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Bedford is 34.5, split between 45.1 percent male versus 54.9 female. The percentage of residents who report being married in Bedford is 41, with an average family size of 2.96.

The percentage of residents who report their race in Bedford is as follows:

White 76.3%
Black / African American 20.3%
Asian 0.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.8%
Other 0%

Looking for family-friendly neighborhoods in and/or near Bedford? Or maybe you are searching for 55+ active adult communities in and/or near Bedford?

The percentage of residents who report their age in Bedford is as follows:

Under 10 15.6%
Aged 10-19 11%
20s 16.3%
30s 10.4%
40s 9.1%
50s 11.8%
60s 10.2%
70s 7.6%
80+ 8%

Best Schools In Bedford, Virginia

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Bedford with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bedford.


Pros And Cons Of Living In Bedford, Virginia

How do you know that living in -- or moving to -- Bedford is right where you need to be? Perhaps you grew up in Bedford or already live nearby; therefore, the decision to buy a home in Bedford is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bedford for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Bedford:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bedford.


Reasons To Move To Bedford, Virginia, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bedford can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bedford, meanwhile, can field multiple offers from more qualified buyers.

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