Is Bridgeport, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bridgeport is a 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

+$35,006(+11.7%)

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

# BEDSMar 2023Mar 2024CHANGE
1 $138K$142.9K
+3.6%
2 $200.6K$207K
+3.2%
3 $305K$329.9K
+8.2%
4 $335K$385K
+14.9%
5+ $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%.

Median Sold Price Compared To Nearby Cities

Bridgeport
+11.7%
Fairfield
+6.8%
Trumbull
+5.3%
Stratford
+4.0%

Housing Supply in Bridgeport, CT

How many homes are available in Bridgeport, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
281300+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

# BEDSFeb 2024Mar 2024CHANGE
1 2934
+17.2%
2 4247
+11.9%
3 9195
+4.4%
4 3849
+28.9%
5+ 8175
-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 2024Mar 2024CHANGE
5967+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

Asking vs Sold - buyer

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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Bridgeport, CT

Nearby Markets to Bridgeport, CT

What housing markets are near Bridgeport, CT?