$3,147 Closing Credit*
$265,000
1,484 SqFt
3 Beds
•1 Full Bath
John R. Salkowski, Listing Office: The JRS Realty Group
Is Bridgeport, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$365,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,000(+16.6%)
Key Takeaway
Homes in Bridgeport have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in Bridgeport was $365,000 in November 2024, up 16.6% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202.5K | $260K | +28.4% |
| 3 Bedrooms | $356K | $365K | +2.5% |
| 4 Bedrooms | $327.5K | $440K | +34.4% |
| 5+ Bedrooms | $298.2K | $321.2K | +7.7% |
Summary: Bridgeport 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 28.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Bridgeport | $313K | $365K | +16.6% |
| Norristown | $317.2K | $338.4K | +6.7% |
| King Of Prussia | $462K | $484.1K | +4.8% |
| Upper Merion Township | $495.3K | $506.5K | +2.3% |
Housing Supply in Bridgeport, PA
How many homes are available in Bridgeport, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Summary: The Bridgeport real estate market had 32 homes for sale in November 2024, a 8.6% 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 | 7 | 4 | -42.9% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 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 decreased by 42.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were 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. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Bridgeport in November 2024, down by 40.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 22 Days | +2.3% |
Summary: Homes in Bridgeport had an average of 22 days on market in Nov 2024, up by 2.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 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, 6 homes were sold in Bridgeport; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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