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.

The numbers 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 the price gap matters

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.

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.