Is Bridgeport, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bridgeport was a Seller's Market.
Key Takeaway
Bridgeport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bridgeport, OH
How much do homes in Bridgeport, OH cost?
Median Sold Price
$102,500
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bridgeport have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Bridgeport was $102,500 in May 2024, up 12.6% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $45.4K | +30.0% |
| 2 Bedrooms | $70K | $68K | -2.9% |
| 3 Bedrooms | $101K | $130K | +28.7% |
| 4 Bedrooms | $141.6K | $139K | -1.9% |
| 5+ Bedrooms | $120K | $475K | +295.8% |
Summary: Bridgeport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 28.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 295.8%.
Housing Supply in Bridgeport, OH
How many homes are available in Bridgeport, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 29 | +16.0% |
Summary: The Bridgeport real estate market had 29 homes for sale in May 2024, a 16.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bridgeport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 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 may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Bridgeport in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Bridgeport, OH
How long does it take to sell a home in Bridgeport, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 75 Days | 38 Days | -49.3% |
Summary: Homes in Bridgeport had an average of 38 days on market in May 2024, down by 49.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bridgeport has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Bridgeport; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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