Bridgeport, CT—06605
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 $366,000, with a year-over-year change of 1.7%. This indicates that home prices in Bridgeport, CT are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $366,000 | 1.7% |
| Single Family | $419,000 | 2.2% |
| Condos | $234,000 | 3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $174,000 | 3.6% |
2 Bed | $324,000 | 0.3% |
3 Bed | $420,000 | 2.7% |
4 Bed | $450,000 | 3.2% |
| 5 Bed | $488,000 | 4.7% |
% of Housing Stock
Rental Trends — Bridgeport, CT
As of July '25, Rentcast reports the average rent in Bridgeport, CT is $2,210, with a year-over-year rent change of -25.1%. Per bedroom, the median rent as of July '25 in Bridgeport, CT is studios: $1,510, 1-bedrooms: $1,590, 2-bedrooms: $2,210, 3-bedrooms: $2,340, 4-bedrooms: $3,120. The most common rental property sizes in Bridgeport, CT are 2-bedroom and 1-bedroom, accounting for 41.4% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,210 |
| Studio Rent | $1,350 | $1,510 |
| 1 Bed Rent | $1,650 | $1,590 |
| 2 Bed Rent | $2,100 | $2,210 |
| 3 Bed Rent | $2,300 | $2,340 |
| 4 Bed Rent | $2,600 | $3,120 |
% 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 35. This is a decrease of -12.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $407,000 | 24.0% |
Listing Count | 26 | 4.0% |
| Listings as % of Homes | 0.2% | 4.0% |
Days on Market | 35 | -12.0% |
Demographics — Bridgeport, CT
As of the latest ACS Survey released in 2023, Bridgeport, CT has a population of 25,200, which has increased by 1.7% over the past 5 years. Bridgeport, CT is a moderately popular place for families, as children make up 22.0% of the population. The area has a moderately educated workforce, with 33.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,200 | 1.7% |
% Under 18 | 22.0% | -8.3% |
% Seniors | 11.0% | 18.3% |
% WFH | 10.6% | 146.5% |
% w/ College Degree | 33.3% | 50.7% |
As of the latest ACS Survey released in 2023, Bridgeport, CT is a predominantly hispanic area, with 39.1% of the population identifying as hispanic. The hispanic population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Bridgeport, CT is white, making up 33.0% of the population. Foreign-born residents account for 24.5% of the population in Bridgeport, CT, and this percentage has decreased by 13.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 33.0% | 41.6% |
% Black | 21.9% | -28.2% |
% Hispanic | 39.1% | -4.4% |
% Asian | 5.4% | 22.7% |
% Foreign Born | 24.5% | -13.7% |
Mortgage and Risk — Bridgeport, CT
According to HUD data as of 2023, there were 180 mortgage originations in Bridgeport, CT, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Bridgeport, CT. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 180 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Bridgeport, CT
As of 2024, the percent of homes in Bridgeport, CT under the Section 8 program is 15.9%. 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. 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 and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,597 |
Total Units Section 8 | 1,105 |
% Rentals under Section 8 | 15.9% |
% Occupied Section 8 | 92.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,650 | $1,440 |
| 2 Bedroom | -$310 | $2,100 | $1,790 |
| 3 Bedroom | -$50 | $2,300 | $2,250 |
| 4 Bedroom | $40 | $2,600 | $2,640 |
Affordability — Bridgeport, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $366,000 |
| Median Household Income | $59,700 |