$4,156 Closing Credit*
$350,000
3,538 SqFt
3 Beds
•1 Full Bath, 1 Partial
Thomas Toole III, Listing Office: RE/MAX Main Line-West Chester
Is Bridgeport, PA 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, PA
How much do homes in Bridgeport, PA cost?
Median Sold Price
$362,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,000(+15.7%)
Key Takeaway
Homes in Bridgeport have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Bridgeport was $362,000 in October 2024, up 15.7% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202.5K | $260K | +28.4% |
| 3 Bedrooms | $356K | $357.7K | 0.5% |
| 4 Bedrooms | $327.5K | $410K | +25.2% |
| 5+ Bedrooms | $298.2K | $321.2K | +7.7% |
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 28.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Bridgeport | $313K | $362K | +15.7% |
| Norristown | $310.4K | $336.8K | +8.5% |
| King Of Prussia | $454K | $488.6K | +7.6% |
| Upper Merion Township | $495.3K | $500K | +0.9% |
Housing Supply in Bridgeport, PA
How many homes are available in Bridgeport, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The Bridgeport real estate market had 34 homes for sale in October 2024, a 2.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bridgeport housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgeport, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Bridgeport in October 2024, the same as the previous month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Bridgeport, PA
How long does it take to sell a home in Bridgeport, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 18 Days | +18.6% |
Summary: Homes in Bridgeport had an average of 18 days on market in Oct 2024, up by 18.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was 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, 9 homes were sold in Bridgeport; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info 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. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.