Is Bridgeport, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$340,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bridgeport have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Bridgeport was $340,000 in May 2024, up 13.2% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | $150K | +7.1% |
| 2 Bedrooms | $195.8K | $235K | +20.0% |
| 3 Bedrooms | $310K | $335K | +8.1% |
| 4 Bedrooms | $340K | $389.4K | +14.5% |
| 5+ Bedrooms | $409.9K | $450K | +9.8% |
Summary: Bridgeport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in Bridgeport, CT
How many homes are available in Bridgeport, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 308 | 326 | +5.8% |
Summary: The Bridgeport real estate market had 326 homes for sale in May 2024, a 5.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 35 | +6.1% |
| 2 Bedrooms | 60 | 73 | +21.7% |
| 3 Bedrooms | 88 | 79 | -10.2% |
| 4 Bedrooms | 46 | 53 | +15.2% |
| 5+ Bedrooms | 81 | 86 | +6.2% |
Summary: The Bridgeport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 21.7%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 6.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 76 | 73 | -3.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgeport, you could pay more than the asking price. 68.5% of homes here sold above asking price last month.
Summary: A total of 73 homes were sold or pending in Bridgeport in May 2024, down by 3.9% month-over-month. Of the 73 sold homes, 23% were sold under asking, 8% were sold at asking, and 68% were sold over asking.
Days on Market for Bridgeport, CT
We’re sorry, we don't have information for this market at the moment
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