$1,425 Closing Credit*
$120,000
1,144 SqFt
3 Beds
•1 Full Bath
Rada Culciar, Listing Office: RealtyMark Properties
Is Bridgeport, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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, NJ
How much do homes in Bridgeport, NJ cost?
Median Sold Price
$220,000
$203/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$374,450(-63.0%)
Key Takeaway
Homes in Bridgeport have sold for 63% less than they did a month ago.
Summary: The median home sold price in Bridgeport was $220,000 in November 2024, down 63% from last month, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $263.9K | $220K | -16.6% |
| 4 Bedrooms | $925K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bridgeport housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Chester | $89K | $149.5K | +68.0% |
| Bridgeport | $594.4K | $220K | -63.0% |
Housing Supply in Bridgeport, NJ
How many homes are available in Bridgeport, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Bridgeport real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bridgeport 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 increased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgeport, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bridgeport in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bridgeport, NJ
How long does it take to sell a home in Bridgeport, NJ?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 6 Days | -67.6% |
Summary: Homes in Bridgeport had an average of 6 days on market in Nov 2024, down by 67.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was 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 November 2024, 1 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.