Bedford, IN home prices
Typical home $206,306 · +2.2% in a year · income needed $56,400
The Bedford, IN metro area ranks 612 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.2% in a year and +22.8% over five years. With 20% down at 7.11%, the typical home costs about $1,316 a month including 0.6% property tax (Lawrence County rate).
Mortgage on the typical Bedford home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $41,261 | $165,044 | $1,110 | $0 | $206 | $1,316 | $56,400 |
| 10% down | $20,631 | $185,675 | $1,249 | $77 | $206 | $1,533 | $65,700 |
| 5% down | $10,315 | $195,990 | $1,318 | $82 | $206 | $1,606 | $68,800 |
| 3.5% down (FHA) | $7,221 | $202,569 | $1,363 | $91 | $206 | $1,660 | $71,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.6% 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.
Counties in the Bedford area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lawrence County, IN | $206,294 | +2.2% | 0.6% |
What can you afford in Indiana on your salary? · Indiana home prices · Salaries in Indiana
Frequently asked questions
How much is a house in Bedford?
The typical home in the Bedford, IN metro area is worth $206,306 (Zillow, September 2026).
What salary do you need to buy a house in Bedford?
About $56,400 a year for the typical home with 20% down at 7.11%.