Is Bridgeport Charter Township, MI 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, Bridgeport Charter Township has remained a Seller's Market.
Housing Prices in Bridgeport Charter Township, MI
How much do homes in Bridgeport Charter Township, MI cost?
Median Sold Price
$128,500
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bridgeport Charter Township was $128,500 in April 2024, up 3.6% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128K | $103.5K | -19.1% |
2 Bedrooms | $71K | $55K | -22.5% |
3 Bedrooms | $120K | $129K | +7.5% |
4 Bedrooms | $180K | $171.5K | -4.7% |
5+ Bedrooms | $150K | $217K | +44.7% |
Summary: Bridgeport Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.1%, 2 bedroom homes decreased by 22.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 44.7%.
Median Sold Price Compared To Nearby Cities
Saginaw | $84.7K | $131.2K | +54.9% |
Burt | $150K | $180K | +20.0% |
Buena Vista Charter Township | $59.9K | $66.9K | +11.7% |
Bridgeport Charter Township | $124K | $128.5K | +3.6% |
Bridgeport | $162K | $163.9K | +1.2% |
Housing Supply in Bridgeport Charter Township, MI
How many homes are available in Bridgeport Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 29 | +7.4% |
Summary: The Bridgeport Charter Township real estate market had 29 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Bridgeport Charter Township 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 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Bridgeport Charter Township in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Bridgeport Charter Township, MI
How long does it take to sell a home in Bridgeport Charter Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 58 Days | +246.2% |
Summary: Homes in Bridgeport Charter Township had an average of 58 days on market in Apr 2024, up by 246.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Bridgeport Charter Township; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.