Is Bridgeport Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bridgeport Charter Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bridgeport Charter Township has remained a Seller's Market.

Key Takeaway

Bridgeport Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bridgeport Charter Township, MI

How much do homes in Bridgeport Charter Township, MI cost?

Median Sold Price

$149,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,050(+19.2%)

Key Takeaway

Homes in Bridgeport Charter Township have sold for 19.2% more than they did a year ago.

Summary: The median home sold price in Bridgeport Charter Township was $149,000 in November 2024, up 19.2% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$69.9K
N/A
2 $57.5K$110K
+91.3%
3 $123.3K$158K
+28.1%
4 $174.3K$150K
-13.9%
5+ $185K$215K
+16.2%

Summary: Bridgeport Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 91.3%, 3 bedroom homes increased by 28.1%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 16.2%.

Median Sold Price Compared To Nearby Cities

Bridgeport Charter Township
+19.2%
Saginaw
+12.5%
Buena Vista Charter Township
+11.6%
Burt
+4.7%

Housing Supply in Bridgeport Charter Township, MI

How many homes are available in Bridgeport Charter Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4346+7.0%

Summary: The Bridgeport Charter Township real estate market had 46 homes for sale in November 2024, a 7.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 2224
+9.1%
4 810
+25.0%
5+ 54
-20.0%

Summary: The Bridgeport Charter Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bridgeport Charter Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Bridgeport Charter Township in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
32 Days36 Days+10.8%

Summary: Homes in Bridgeport Charter Township had an average of 36 days on market in Nov 2024, up by 10.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bridgeport Charter Township has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Bridgeport Charter Township; 38% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in Bridgeport Charter Township, MI

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