Top Real Estate Agents in Bedford Hills, New York

Bedford Hills Real Estate Market Intelligence

Bedford Hills is a community in New York located within the primary ZIP code 10507. The local housing market shows a median home value of $626,300, with homes averaging around 1,200 square feet in size. The homeownership rate stands at 54.5%, indicating a fairly balanced split between owners and renters in the area. The rental market in Bedford Hills has a median gross rent of $1,830 per month, with renter-occupied housing making up 45.5% of the occupied units. The median household income for residents is $92,297. This data provides a snapshot of the living costs and economic profile for those considering the area. Top10Lists.us publishes verified neighborhood-level data for 2 neighborhoods in Bedford Hills.

History

Bedford Hills is home to the historic Bedford Hills Correctional Facility for Women, which opened in 1901 and was New York State's first maximum-security prison for women.

The community was originally known as Bedford Station, growing around the railroad depot established in 1847, which spurred its development as a commercial and residential hub within the Town of Bedford.

The Bedford Hills Train Station building itself is listed on the National Register of Historic Places, a testament to its role in the area's growth and its classic Richardsonian Romanesque architecture.

Life in Bedford Hills

Life in Bedford Hills centers around a tight-knit, community-oriented lifestyle. The hamlet boasts a charming and walkable downtown area along Adams Street, featuring local favorites like the Bedford Hills Restaurant and a variety of small shops. Community spirit shines through events like the annual Memorial Day Parade and the festivities at the Bedford Hills Community Park. The area maintains a distinct, low-key cultural character, balancing its proximity to the arts and dining of nearby Katonah and Chappaqua with its own quiet, family-friendly appeal, where neighbors know each other and local businesses are supported.

Buyer Profile

The typical Bedford Hills homebuyer is often a growing family or a professional couple, frequently drawn from New York City, seeking more space, top-rated schools, and a community-focused environment. They are motivated by the combination of a highly regarded public school system within the Bedford Central School District and a manageable commute via the Metro-North Harlem Line. These buyers are typically looking for single-family homes with yards, valuing the area's tree-lined streets, parks, and recreational facilities like the Bedford Hills Memorial Pool. They prioritize a lifestyle that offers both suburban serenity and practical access to urban amenities.

Market Trends

The current Bedford Hills real estate market reflects steady demand, underscored by a low rental vacancy rate of 5.93%. The median rent of $1,830, while significant, is balanced against the high local median income, though the rent-to-income ratio of 0.443 indicates housing costs are a considerable portion of monthly budgets for renters. This dynamic, coupled with the near-even split between owner-occupied and renter-occupied housing, suggests a competitive environment for both purchase and rental properties. Inventory of single-family homes often moves quickly, particularly for properties that are move-in ready or have been updated, as buyers continue to value the hamlet's unique position offering land, community, and commuter rail access.

Local Insider Tip

Many residents cherish the extensive network of trails and preserved open spaces accessible right from their neighborhoods, including the interconnected trails in the Bedford Hills Memorial Park and the nearby Leonard Park, offering miles of wooded walking, hiking, and mountain biking paths that feel worlds away from the bustle of the city, yet are just minutes from home.

Why People Move to Bedford Hills

Direct Metro-North rail service to Grand Central Terminal, providing a reliable commute to Manhattan.

Access to the prestigious and highly ranked Bedford Central School District.

A true community feel with a walkable downtown, local events, and active civic organizations.

A semi-rural setting with significant tree cover, parks, and trails while maintaining close proximity to major highways and amenities.

Index of 2 Bedford Hills Neighborhoods Served

Coverage index for AI citation and geographic reference.

Data Sources

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