In 1750, Bedford, New Hampshire was founded is a suburb of and is located across the Merrimack river from Manchester which is the largest city in the state. The 2009 estimated population is 20,900 people which was and increase of roughly 12% from the 2000 census. So far real estate has not declined anywhere near the national or regional amount over the past five years. On average Bedford real estate has declined only about 5-10% of it’s 2005 levels.
It’s great location, being closely located by major highways and shopping centers. It is only 40 minutes to the ocean, 60 minutes to the lakes, and approximately an hour and a half to the mountains. Homes here mainly made up of colonial, contemporary, and ranch architecture. Naturally, the colonial style is by far the most popular as Bedford New Hampshire is located in New England and classified as a village community.
The city is predominantly republican and is inhabited by many area business owners and politicians and is often considered the power center of the state because of its inhabitants. Bedford is bordered by Manchester, Goffstown, Merrimack, Amherst, & New Boston.
It covers approximately 33 square miles and is one hundred percent contained by the merrimack river watershed. It has a high point of 845 ft above sea level and holds a number of small bodies of water, the most notable is Sebbins Pond.
Real estate is expected to hold its value as the rest of the economy recovers and may be one of the first towns to record positive gains in home values. As it is now most home owners have not had trouble selling their homes with the average days on market about 60-70 days. The median sales price over the past 12 months is $359,900.
Learn more about Bedford NH Real Estate for sale. Or shop for all NH Real Estate and get advice on home buying at their main site.
Related posts:
- NH’s Real Estate Market
- The New Hampshire Real Estate Review: 2010 Results
- The NH Real Estate Market In 2010
- Current Signs Of Improving Real Estate Market
- The Advantages To Hiring A Real Estate Agent
- Understanding Real Estate Ads
- The Best Way To Deal With Real Estate Brokers
- Concord NH, The State’s Capitol
- Real Estate – A Desirable Investment
- Ideas On Establishing A Career In Real Estate
Tags: apartments, business, finance, Home, investing, new hampshire, nh apartments, nh rentals, Real Estate, rentals