Commercial Real Estate Market in Bedford, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
69 active listings and 1,292 off-market properties in Bedford, IN.
Market Trends
Bedford, IN spans 184.4 square miles in Lawrence County, Indiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Bedford, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Bedford, IN has a median asking sale price of $100/SF (based on 5 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Bedford, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Bedford, IN has a median asking sale price of $108/SF. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 57.8%
- Commercial 26.1%
- Industrial 16%
Largest Zones share of zoned land by district
Bedford, IN zones 7,075 acres across 14 districts. Commercial zoning covers 26.1% of zoned land, residential 57.8% and industrial 16%. The largest single district is Single Family Residence at 29.2%. For commercial buyers the practical constraint is that only 42.1% of land carries a commercial or industrial designation.
R-1 Single-Family Residence District. The purpose of this district is to preserve those areas of the city which have been developed for low density single-family use, and encourage residential development on vacant parcels which is compatible with existing residential densities. (D)
Market overview
Demographics & Economy
Bedford, IN has 27,798 residents in 13,112 households. Density runs 151 people per square mile. Median household income here is $66,588 and median gross rent $827 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Bedford?
What zoning applies to commercial property in Bedford?
Where does Realmo's Bedford market data come from?
Methodology & data sources
- Asking prices and medians
- There are 65 active for-sale and 4 active for-lease listings in Bedford, IN. The sale median is based on 35 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 7,075 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
