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 August 2021

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.

How much do homes in Bridgeport, CT cost?

Median Sold Price

$292,659

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$16,627(+6.0%)

Key Takeaway

Homes in Bridgeport have sold for 6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $117.7K$125K
+6.2%
2 $172.1K$184.4K
+7.1%
3 $273K$295.6K
+8.3%
4 $310K$335K
+8.1%
5+ $349.5K$385K
+10.2%

Median Sold Price Compared To Nearby Cities

Stratford
+11.0%
Fairfield
+9.0%
Trumbull
+8.8%
Bridgeport
+6.0%

How many homes are available in Bridgeport, CT?

Number of Homes For Sale

Jul 2022Aug 2022%
500506+1.2%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 3945
+15.4%
2 8879
-10.2%
3 147166
+12.9%
4 9495
+1.1%
5+ 132121
-8.3%

Number of Homes Sold

Jul 2022Aug 2022%
11497-14.9%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

43 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. 44.3% of homes here sold above asking price last month.

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

About Bridgeport, CT

Homes for sale in Bridgeport, CT have reached 506. The number of listings in Bridgeport, CT increased by 1.2% between July 2022 and August 2022. This housing market listing prices have changed between July 2022 and August 2022: the cost of 1 bedroom properties went up by 6.2%, the cost of 2 bedrooms properties went up by 7.1%, prices of 3 bedrooms properties went up by 8.3%, 4 bedrooms properties prices increased by 8.1%, prices of 5 bedrooms properties increased by 10.2%. This housing market inventory have changed: 1 bedroom homes inventory increased by 15.4%, 2 bedrooms homes inventory decreased by 10.2%, 3 bedrooms homes inventory increased by 12.9%, the quantity of 4 bedrooms homes went up by 1.1%, 5 bedrooms homes inventory decreased by 8.3%. While more than 43 listings in Bridgeport, CT in August 2022 were sold above asking price, there were more than 17 listings sold at asking price, and more than 37 were sold below.

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