Bedford and Springville tell a different market story than Bloomington does, and the gap between them just got wider. Here's where the numbers stand right now, based on a full year-to-date pull from Indiana Regional MLS.

Wondering what this means for your specific home or search? Call or text (812) 360-3863, and I'll walk you through the real numbers for your situation.

Where Do Lawrence County's Numbers Stand Right Now?

•Median sale price: $230,000, year to date across Lawrence County, for homes that closed between January 1 and August 26, 2026.

•Median days on market for those closings: 38 days.

•Sale-to-list ratio: 96.8%, comparing the closing price to the home's original list price.

•Active right now: 174 homes on the market, median list price $220,000.

•Under contract: 59 homes in a contingent status and 9 in pending status.

•Mortgage rate: 6.66% on the 30-year fixed, per Freddie Mac's PMMS for the week of August 27, 2026.

What's changed since the last check-in

The last update on this market was built from a partial-year window, closings through early August. With the full year-to-date picture now in hand, 333 closings instead of 219, the median sale price has come down modestly, from $239,900 to $230,000. Pace has held close to steady, and sale-to-list has eased about half a point. Same general direction as Monroe County: not a crash, a market finding its level.

One more thing worth naming honestly: the most recent two months, closings from July 1 through August 26, have actually moved a bit faster than the full-year average, a median of 35 days instead of 38, though at a slightly lower share of list price, 95.8% instead of 96.8%. That's a reasonable, expected pattern for late summer, not a confirmed trend, and it's worth watching rather than reading too much into a two-month window.

Why Does the Bedford-Bloomington Price Gap Matter?

Monroe County's median sale price is currently $394,125, based on the July 2026 Indiana Regional MLS report. That puts the gap at roughly $164,000 at the median compared to Lawrence County, wider than it was earlier this year. For a buyer priced out of Bloomington, or simply looking for more house for the same budget, that gap is the entire reason Bedford keeps coming up in the conversation. It's a real trade-off, a longer commute to Bloomington-based jobs against meaningfully lower housing costs, and different buyers land on different sides of it depending on what matters most to them.

For a broader look at what that trade-off actually costs, I compared the two markets directly in the Bedford and Springville market update from earlier this month. If you're weighing Bedford as a relocation option, I get into that in why Bedford is a hidden option for families relocating to south-central Indiana, and if you're deciding between new construction and an existing home, I broke that down in new construction or resale in Bloomington and Bedford.

County averages only tell you so much. If you want a real number for your specific home or your specific search, that's the conversation to have. Call or text (812) 360-3863, or visit LesaMillerRealEstate.com/Links.

Curious what's currently available in Bedford or Springville in this range? View current listings at LesaMillerRealEstate.com.

Frequently Asked Questions

How much cheaper is Bedford than Bloomington right now?

The median sale price gap is currently about $164,000, with Lawrence County's year-to-date median at $230,000 compared to Monroe County's current $394,125.

Are homes selling as fast in Bedford as in Bloomington?

They're close. Lawrence County's year-to-date median is 38 days on market, compared to Monroe County's current 42, and Lawrence County sellers are landing a slightly larger share of asking price, 96.8% versus 95.2%. Earlier this year Lawrence County was running slower than Bloomington. That gap has closed.

How many homes are currently for sale in Lawrence County?

As of this update, 174 homes are active on the market, with a median list price of $220,000, plus another 68 homes under contract (59 contingent, 9 pending).

Has the Lawrence County market changed since the last check-in?

Slightly. With a fuller year-to-date picture (333 closings versus 219 previously), the median sale price eased from $239,900 to $230,000, while pace and sale-to-list stayed close to steady, consistent with a market finding its level rather than a sharp shift.