Is Bridgeport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bridgeport was a Seller's Market.
Key Takeaway
Bridgeport is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bridgeport, NY
How much do homes in Bridgeport, NY cost?
Median Sold Price
$199,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bridgeport have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Bridgeport was $199,500 in May 2024, up 6.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $117K | -38.4% |
| 2 Bedrooms | $130K | $188.7K | +45.2% |
| 3 Bedrooms | $155.5K | $190.5K | +22.5% |
| 4 Bedrooms | $220K | $235K | +6.8% |
| 5+ Bedrooms | $235K | $245K | +4.3% |
Summary: Bridgeport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.4%, 2 bedroom homes increased by 45.2%, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Cicero | $219.9K | $247.2K | +12.4% |
| Constantia | $193.2K | $206K | +6.6% |
| Bridgeport | $187.4K | $199.5K | +6.5% |
| Sullivan | $219.4K | $225.5K | +2.8% |
Housing Supply in Bridgeport, NY
How many homes are available in Bridgeport, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Bridgeport real estate market had 14 homes for sale in May 2024, a 6.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bridgeport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgeport, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bridgeport in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bridgeport, NY
How long does it take to sell a home in Bridgeport, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 60 Days | 8 Days | -85.8% |
Summary: Homes in Bridgeport had an average of 8 days on market in May 2024, down by 85.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridgeport are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Bridgeport; 100% 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.
