Is Bridgeport, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Bridgeport has remained a Seller's Market.
Key Takeaway
Bridgeport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bridgeport, CT
How much do homes in Bridgeport, CT cost?
Median Sold Price
$348,419
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Bridgeport have sold for 16% more than they did a year ago.
Summary: The median home sold price in Bridgeport was $348,419 in June 2024, up 16% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.7K | $150K | +7.4% |
| 2 Bedrooms | $200K | $240K | +20.0% |
| 3 Bedrooms | $310K | $346.5K | +11.8% |
| 4 Bedrooms | $342K | $390K | +14.0% |
| 5+ Bedrooms | $414.8K | $450.6K | +8.6% |
Summary: Bridgeport housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 8.6%.
Housing Supply in Bridgeport, CT
How many homes are available in Bridgeport, CT?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 343 | 303 | -11.7% |
Summary: The Bridgeport real estate market had 303 homes for sale in June 2024, a 11.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 36 | 35 | -2.8% |
| 2 Bedrooms | 75 | 62 | -17.3% |
| 3 Bedrooms | 83 | 88 | +6.0% |
| 4 Bedrooms | 53 | 45 | -15.1% |
| 5+ Bedrooms | 96 | 73 | -24.0% |
Summary: The Bridgeport housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 17.3%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 24%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 85 | 55 | -35.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgeport, you could pay more than the asking price. 74.5% of homes here sold above asking price last month.
Summary: A total of 55 homes were sold or pending in Bridgeport in June 2024, down by 35.3% month-over-month. Of the 55 sold homes, 20% were sold under asking, 5% were sold at asking, and 75% were sold over asking.
Days on Market for Bridgeport, CT
We’re sorry, we don't have information for this market at the moment
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