$2,007 Closing Credit*
$169,000
766 SqFt
2 Beds
•1 Full Bath
Nathaniel Correa, Listing Office: Smart Realty Services Corp
Is Bridgeport, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$350,500
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$46,650(+15.4%)
Key Takeaway
Homes in Bridgeport have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in Bridgeport was $350,500 in August 2024, up 15.4% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | $161K | +15.0% |
| 2 Bedrooms | $194.5K | $244.5K | +25.7% |
| 3 Bedrooms | $310K | $351.3K | +13.3% |
| 4 Bedrooms | $352K | $400K | +13.6% |
| 5+ Bedrooms | $420K | $480K | +14.3% |
Summary: Bridgeport housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 25.7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 14.3%.
Housing Supply in Bridgeport, CT
How many homes are available in Bridgeport, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 359 | 361 | +0.6% |
Summary: The Bridgeport real estate market had 361 homes for sale in August 2024, a 0.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 35 | 35 | 0.0% |
| 2 Bedrooms | 70 | 70 | 0.0% |
| 3 Bedrooms | 109 | 94 | -13.8% |
| 4 Bedrooms | 58 | 74 | +27.6% |
| 5+ Bedrooms | 87 | 88 | +1.1% |
Summary: The Bridgeport housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes increased by 1.1%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 95 | 84 | -11.6% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
46 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgeport, you could pay more than the asking price. 54.8% of homes here sold above asking price last month.
Summary: A total of 84 homes were sold or pending in Bridgeport in August 2024, down by 11.6% month-over-month. Of the 84 sold homes, 31% were sold under asking, 14% were sold at asking, and 55% were sold over asking.
Days on Market for Bridgeport, CT
How long does it take to sell a home in Bridgeport, CT?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridgeport are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 84 homes were sold in Bridgeport; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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