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 February 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

$325,583

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$25,583(+8.5%)

Key Takeaway

Homes in Bridgeport have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Bridgeport was $325,583 in February 2024, up 8.5% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $138.5K$140K
+1.1%
2 $194.5K$205K
+5.4%
3 $300.8K$325K
+8.0%
4 $338.3K$380K
+12.3%
5+ $408.5K$433K
+6.0%

Summary: Bridgeport housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Cities

Bridgeport
+8.5%
Trumbull
+4.5%
Fairfield
+4.0%
Stratford
+1.7%

Housing Supply in Bridgeport, CT

How many homes are available in Bridgeport, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
291257-11.7%

Summary: The Bridgeport real estate market had 257 homes for sale in February 2024, a 11.7% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 3126
-16.1%
2 4740
-14.9%
3 8581
-4.7%
4 4237
-11.9%
5+ 8673
-15.1%

Summary: The Bridgeport housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.1%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes decreased by 15.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
7056-20.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

32 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. 57.1% of homes here sold above asking price last month.

Summary: A total of 56 homes were sold or pending in Bridgeport in February 2024, down by 20.0% month-over-month. Of the 56 sold homes, 25% were sold under asking, 18% were sold at asking, and 57% were sold over asking.

Days on Market for Bridgeport, CT

We’re sorry, we don't have information for this market at the moment

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

Report Updated 18 Days Ago

Newest Listings in Bridgeport, CT

Nearby Markets to Bridgeport, CT

What housing markets are near Bridgeport, CT?