Is North Bridgeport, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Bridgeport has remained a Seller's Market.
Key Takeaway
North Bridgeport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Bridgeport, CT
How much do homes in North Bridgeport, CT cost?
Median Sold Price
$322,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Bridgeport have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in North Bridgeport was $322,500 in April 2024, up 12.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92K | $105K | +14.1% |
| 2 Bedrooms | $150K | $178.5K | +19.0% |
| 3 Bedrooms | $325K | $334.5K | +2.9% |
| 4 Bedrooms | $357.5K | $389.4K | +8.9% |
| 5+ Bedrooms | $425K | $437.5K | +2.9% |
Summary: North Bridgeport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Reservoir / Whiskey Hill | $305K | $348.9K | +14.4% |
| North Bridgeport | $287.4K | $322.5K | +12.2% |
| North End Area | $300.8K | $329.9K | +9.7% |
| Boston Avenue / Mill Hill | $255K | $270K | +5.9% |
| East Bridgeport | $286.6K | $303K | +5.7% |
Housing Supply in North Bridgeport, CT
How many homes are available in North Bridgeport, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 27 | +12.5% |
Summary: The North Bridgeport real estate market had 27 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The North Bridgeport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Bridgeport, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in North Bridgeport in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for North Bridgeport, CT
How long does it take to sell a home in North 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 North Bridgeport are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in North Bridgeport; 17% 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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