Bridgeport, CT—06604
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bridgeport, CT
As of Oct '25, the median home price in Bridgeport, CT is $342,000, with a year-over-year change of 3.5%. This indicates that home prices in Bridgeport, CT are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $342,000 | 3.5% |
| Single Family | $424,000 | 3.4% |
| Condos | $199,000 | 3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $161,000 | 0.0% |
2 Bed | $268,000 | 3.9% |
3 Bed | $419,000 | 3.7% |
4 Bed | $466,000 | 3.3% |
| 5 Bed | $512,000 | 4.5% |
% of Housing Stock
Rental Trends — Bridgeport, CT
As of July '25, Rentcast reports the average rent in Bridgeport, CT is $1,900, with a year-over-year rent change of -20.8%. Per bedroom, the median rent as of July '25 in Bridgeport, CT is studios: $1,180, 1-bedrooms: $1,600, 2-bedrooms: $1,920, 3-bedrooms: $2,300, 4-bedrooms: $2,640. The most common rental property sizes in Bridgeport, CT are 2-bedroom and 1-bedroom, accounting for 32.4% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,900 |
| Studio Rent | $1,080 | $1,180 |
| 1 Bed Rent | $1,650 | $1,600 |
| 2 Bed Rent | $1,880 | $1,920 |
| 3 Bed Rent | $2,250 | $2,300 |
| 4 Bed Rent | $2,500 | $2,640 |
% of Rental Stock
Property Listings — Bridgeport, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Bridgeport, CT is 45. This is a decrease of -33.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | -39.0% |
Listing Count | 37 | 2.0% |
| Listings as % of Homes | 0.3% | 2.0% |
Days on Market | 45 | -33.0% |
Demographics — Bridgeport, CT
As of the latest ACS Survey released in 2023, Bridgeport, CT has a population of 29,500, which has increased by 3.7% over the past 5 years. Bridgeport, CT is a moderately popular place for families, as children make up 19.5% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,500 | 3.7% |
% Under 18 | 19.5% | -1.0% |
% Seniors | 14.5% | 33.0% |
% WFH | 6.8% | 19.3% |
% w/ College Degree | 29.2% | 32.7% |
As of the latest ACS Survey released in 2023, Bridgeport, CT is a predominantly hispanic area, with 45.1% of the population identifying as hispanic. The hispanic population has grown by 17.4% in the last 5 years. The second most common race or ethnicity in Bridgeport, CT is white, making up 29.9% of the population. Foreign-born residents account for 35.7% of the population in Bridgeport, CT, and this percentage has increased by 16.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 29.9% | 16.8% |
% Black | 16.9% | -47.2% |
% Hispanic | 45.1% | 17.4% |
% Asian | 4.0% | -23.1% |
% Foreign Born | 35.7% | 16.3% |
Mortgage and Risk — Bridgeport, CT
According to HUD data as of 2023, there were 145 mortgage originations in Bridgeport, CT, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Bridgeport, CT. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 145 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Bridgeport, CT
As of 2024, the percent of homes in Bridgeport, CT under the Section 8 program is 17.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Bridgeport, CT, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,849 |
Total Units Section 8 | 1,430 |
% Rentals under Section 8 | 17.8% |
% Occupied Section 8 | 92.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$140 | $1,650 | $1,510 |
| 2 Bedroom | $10 | $1,880 | $1,890 |
| 3 Bedroom | $90 | $2,250 | $2,340 |
| 4 Bedroom | $230 | $2,500 | $2,730 |
Affordability — Bridgeport, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $342,000 |
| Median Household Income | $45,800 |