$925 Closing Credit*
$77,900
1,188 SqFt
3 Beds
•1 Full Bath
Susan Garbarino, Listing Office: Liberty Way Realty
Is Bridgeport Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bridgeport Charter Township was a Seller's Market.
Key Takeaway
Bridgeport Charter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bridgeport Charter Township, MI
How much do homes in Bridgeport Charter Township, MI cost?
Median Sold Price
$145,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,000(+16.9%)
Key Takeaway
Homes in Bridgeport Charter Township have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Bridgeport Charter Township was $145,000 in October 2024, up 16.9% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $69.9K | N/A |
| 2 Bedrooms | $60K | $109K | +81.7% |
| 3 Bedrooms | $120K | $158K | +31.7% |
| 4 Bedrooms | $175.5K | $149.9K | -14.6% |
| 5+ Bedrooms | $179.9K | $367K | +104.0% |
Summary: Bridgeport Charter Township 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 81.7%, 3 bedroom homes increased by 31.7%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes increased by 104%.
Median Sold Price Compared To Nearby Cities
| Bridgeport Charter Township | $124K | $145K | +16.9% |
| Burt | $167K | $194.7K | +16.6% |
| Saginaw | $125.6K | $142.5K | +13.4% |
| Bridgeport | $145K | $163.5K | +12.8% |
| Buena Vista Charter Township | $70K | $72K | +2.9% |
Housing Supply in Bridgeport Charter Township, MI
How many homes are available in Bridgeport Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The Bridgeport Charter Township real estate market had 38 homes for sale in October 2024, a 5.0% 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Bridgeport Charter Township 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 14.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
3 Homes Were 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 Charter Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Bridgeport Charter Township in October 2024, down by 58.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Bridgeport Charter Township, MI
How long does it take to sell a home in Bridgeport Charter Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 8 Days | -51.8% |
Summary: Homes in Bridgeport Charter Township had an average of 8 days on market in Oct 2024, down by 51.8% compared to last year.
Breakdown of Home Sale Times
5 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 Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Bridgeport Charter Township; 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.