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 October 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

$360,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+16.1%)

Key Takeaway

Homes in Bridgeport have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in Bridgeport was $360,000 in October 2024, up 16.1% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $139.9K$165K
+17.9%
2 $200K$249K
+24.5%
3 $315K$363.3K
+15.3%
4 $361.2K$405K
+12.1%
5+ $425K$494K
+16.2%

Summary: Bridgeport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 16.2%.

Median Sold Price Compared To Nearby Cities

Bridgeport
+16.1%
Stratford
+12.0%
Trumbull
+10.1%
Fairfield
+6.9%

Housing Supply in Bridgeport, CT

How many homes are available in Bridgeport, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
353349-1.1%

Summary: The Bridgeport real estate market had 349 homes for sale in October 2024, a 1.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3031
+3.3%
2 7372
-1.4%
3 9490
-4.3%
4 7375
+2.7%
5+ 8381
-2.4%

Summary: The Bridgeport housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.3%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 2.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8378-6.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

44 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. 56.4% of homes here sold above asking price last month.

Summary: A total of 78 homes were sold or pending in Bridgeport in October 2024, down by 6.0% month-over-month. Of the 78 sold homes, 27% were sold under asking, 17% were sold at asking, and 56% 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 16 Days Ago

Newest Listings in Bridgeport, CT

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