Is Bridgeport, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$334,950
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bridgeport have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Bridgeport was $334,950 in March 2024, up 11.7% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $138K | $142.9K | +3.6% |
| 2 Bedrooms | $200.6K | $207K | +3.2% |
| 3 Bedrooms | $305K | $329.9K | +8.2% |
| 4 Bedrooms | $335K | $385K | +14.9% |
| 5+ Bedrooms | $410K | $437.5K | +6.7% |
Summary: Bridgeport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in Bridgeport, CT
How many homes are available in Bridgeport, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 281 | 300 | +6.8% |
Summary: The Bridgeport real estate market had 300 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 29 | 34 | +17.2% |
| 2 Bedrooms | 42 | 47 | +11.9% |
| 3 Bedrooms | 91 | 95 | +4.4% |
| 4 Bedrooms | 38 | 49 | +28.9% |
| 5+ Bedrooms | 81 | 75 | -7.4% |
Summary: The Bridgeport housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.2%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes decreased by 7.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 59 | 67 | +13.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgeport, you could pay more than the asking price. 62.7% of homes here sold above asking price last month.
Summary: A total of 67 homes were sold or pending in Bridgeport in March 2024, up by 13.6% month-over-month. Of the 67 sold homes, 30% were sold under asking, 7% were sold at asking, and 63% 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
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bridgeport has remained consistent over time.
Summary: During March 2024, 67 homes were sold in Bridgeport; 0% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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