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 November 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

$359,814

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,474(+14.1%)

Key Takeaway

Homes in Bridgeport have sold for 14.1% more than they did a year ago.

Summary: The median home sold price in Bridgeport was $359,814 in November 2024, up 14.1% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K$165K
+17.9%
2 $201K$240K
+19.4%
3 $320K$365K
+14.1%
4 $363K$410K
+12.9%
5+ $425.6K$500K
+17.5%

Summary: Bridgeport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 17.5%.

Median Sold Price Compared To Nearby Cities

Bridgeport
+14.1%
Stratford
+12.9%
Trumbull
+10.0%
Fairfield
+8.7%

Housing Supply in Bridgeport, CT

How many homes are available in Bridgeport, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
369342-7.3%

Summary: The Bridgeport real estate market had 342 homes for sale in November 2024, a 7.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3033
+10.0%
2 7671
-6.6%
3 9576
-20.0%
4 8074
-7.5%
5+ 8888
0.0%

Summary: The Bridgeport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8467-20.2%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

37 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. 55.2% of homes here sold above asking price last month.

Summary: A total of 67 homes were sold or pending in Bridgeport in November 2024, down by 20.2% month-over-month. Of the 67 sold homes, 37% were sold under asking, 7% were sold at asking, and 55% were sold over asking.

Days on Market for Bridgeport, CT

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Bridgeport, CT

Nearby Markets to Bridgeport, CT

What housing markets are near Bridgeport, CT?