$1,651 Closing Credit*
$139,000
1,665 SqFt
3 Beds
•1 Full Bath, 1 Partial
Joe Karpuk, Listing Office: RE/MAX New Image
Is Bridgeport, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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, MI
How much do homes in Bridgeport, MI cost?
Median Sold Price
$163,500
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,500(+12.8%)
Key Takeaway
Homes in Bridgeport have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Bridgeport was $163,500 in October 2024, up 12.8% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $69.9K | N/A |
| 2 Bedrooms | $60K | $110K | +83.3% |
| 3 Bedrooms | $135K | $189K | +40.0% |
| 4 Bedrooms | $174.3K | $152.4K | -12.5% |
| 5+ Bedrooms | - | $367K | N/A |
Summary: Bridgeport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bridgeport Charter Township | $124K | $145K | +16.9% |
| Bridgeport | $145K | $163.5K | +12.8% |
| Buena Vista Charter Township | $70K | $72K | +2.9% |
| Frankenmuth Township | $310K | $300K | -3.2% |
Housing Supply in Bridgeport, MI
How many homes are available in Bridgeport, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Summary: The Bridgeport real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Bridgeport housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Bridgeport in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Bridgeport, MI
How long does it take to sell a home in Bridgeport, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 9 Days | +12.5% |
Summary: Homes in Bridgeport had an average of 9 days on market in Oct 2024, up by 12.5% compared to last year.
Breakdown of Home Sale Times
3 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 October 2024, 3 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.