Bedford County, Virginia home prices
Typical home $351,809 · +4.2% in a year · property tax 0.43%
The typical home in Bedford County is worth $351,809, 15% less than the Virginia typical home ($412,252). Values changed +4.2% in the past year and +31.2% over five years. Homeowners here pay a median 0.43% of their home's value in property tax each year ($1,520 on the typical home), versus 0.71% statewide.
Mortgage on the typical Bedford County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $70,362 | $281,447 | $1,893 | $0 | $303 | $2,196 | $94,100 |
| 10% down | $35,181 | $316,628 | $2,130 | $132 | $303 | $2,564 | $109,900 |
| 5% down | $17,590 | $334,219 | $2,248 | $139 | $303 | $2,690 | $115,300 |
| 3.5% down (FHA) | $12,313 | $345,437 | $2,324 | $156 | $303 | $2,782 | $119,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.43% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Lynchburg metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Winchester City | $351,816 | +1.4% | 0.76% |
| King William County | $352,179 | +3.0% | 0.55% |
| Lexington City | $354,128 | +2.4% | 0.81% |
| Mathews County | $349,114 | +1.5% | 0.43% |
| Prince George County | $356,119 | +3.8% | 0.74% |
| Caroline County | $359,075 | +3.6% | 0.52% |
| Rockingham County | $361,245 | +2.1% | 0.53% |
| Nelson County | $362,239 | +3.0% | 0.5% |
| Shenandoah County | $340,191 | +2.4% | 0.52% |
| Franklin County | $363,796 | +3.9% | 0.5% |
Frequently asked questions
What is the average home price in Bedford County, VA?
The typical home value in Bedford County is $351,809 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Bedford County?
About $94,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Bedford County?
The median effective rate is 0.43% of home value a year (Census ACS 2024 5-year estimates).