Is North Bridgeport, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Bridgeport is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Bridgeport was a Seller's Market.

Key Takeaway

North 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 North Bridgeport, CT

How much do homes in North Bridgeport, CT cost?

Median Sold Price

$332,250

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,250(+8.9%)

Key Takeaway

Homes in North Bridgeport have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in North Bridgeport was $332,250 in November 2024, up 8.9% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $103K$130K
+26.2%
2 $170.5K$209K
+22.6%
3 $327.5K$345K
+5.3%
4 $380K$402.7K
+6.0%
5+ $400K$505K
+26.3%

Summary: North Bridgeport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.2%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 26.3%.

Median Sold Price Compared To Nearby Neighborhoods

Reservoir / Whiskey Hill
+16.8%
North End Area
+16.1%
Boston Avenue / Mill Hill
+15.4%
East Bridgeport
+10.2%
North Bridgeport
+8.9%

Housing Supply in North Bridgeport, CT

How many homes are available in North Bridgeport, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3531-11.4%

Summary: The North Bridgeport real estate market had 31 homes for sale in November 2024, a 11.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 1411
-21.4%
3 68
+33.3%
4 85
-37.5%
5+ 54
-20.0%

Summary: The North Bridgeport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Bridgeport, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in North Bridgeport in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for North 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 North Bridgeport, CT

Nearby Markets to North Bridgeport, CT