Bridgeport, CT—06606
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 $377,000, with a year-over-year change of 3.2%. This indicates that home prices in Bridgeport, CT are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $377,000 | 3.2% |
| Single Family | $402,000 | 2.8% |
| Condos | $229,000 | 3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $194,000 | 2.1% |
2 Bed | $288,000 | 2.9% |
3 Bed | $396,000 | 2.6% |
4 Bed | $430,000 | 3.1% |
| 5 Bed | $488,000 | 4.1% |
% of Housing Stock
Rental Trends — Bridgeport, CT
As of July '25, Rentcast reports the average rent in Bridgeport, CT is $2,530, with a year-over-year rent change of -17.0%. Per bedroom, the median rent as of July '25 in Bridgeport, CT is studios: $1,220, 1-bedrooms: $1,650, 2-bedrooms: $2,040, 3-bedrooms: $2,780, 4-bedrooms: $3,210. The most common rental property sizes in Bridgeport, CT are 2-bedroom and 1-bedroom, accounting for 37.0% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,530 |
| Studio Rent | $1,300 | $1,220 |
| 1 Bed Rent | $1,680 | $1,650 |
| 2 Bed Rent | $2,000 | $2,040 |
| 3 Bed Rent | $2,700 | $2,780 |
| 4 Bed Rent | $3,200 | $3,210 |
% 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 47. This is a increase of 65.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $414,000 | 16.0% |
Listing Count | 137 | 22.0% |
| Listings as % of Homes | 0.6% | 22.0% |
Days on Market | 47 | 65.0% |
Demographics — Bridgeport, CT
As of the latest ACS Survey released in 2023, Bridgeport, CT has a population of 50,900, which has increased by 7.8% 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 poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,900 | 7.8% |
% Under 18 | 19.5% | -16.3% |
% Seniors | 14.1% | 23.7% |
% WFH | 6.4% | 156.0% |
% w/ College Degree | 23.1% | 14.9% |
As of the latest ACS Survey released in 2023, Bridgeport, CT is a predominantly hispanic area, with 36.7% of the population identifying as hispanic. The hispanic population has grown by 18.4% in the last 5 years. The second most common race or ethnicity in Bridgeport, CT is white, making up 30.7% of the population. Foreign-born residents account for 37.1% of the population in Bridgeport, CT, and this percentage has increased by 5.1% 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 | 30.7% | 18.1% |
% Black | 22.4% | -39.6% |
% Hispanic | 36.7% | 18.4% |
% Asian | 7.3% | 192.0% |
% Foreign Born | 37.1% | 5.1% |
Mortgage and Risk — Bridgeport, CT
According to HUD data as of 2023, there were 553 mortgage originations in Bridgeport, CT, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Bridgeport, CT. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 553 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Bridgeport, CT
As of 2024, the percent of homes in Bridgeport, CT under the Section 8 program is 7.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bridgeport, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,083 |
Total Units Section 8 | 548 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 89.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,680 | $1,510 |
| 2 Bedroom | -$110 | $2,000 | $1,890 |
| 3 Bedroom | -$360 | $2,700 | $2,340 |
| 4 Bedroom | -$470 | $3,200 | $2,730 |
Affordability — Bridgeport, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $377,000 |
| Median Household Income | $68,500 |