Bridgeport, CT—06607
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 $284,000, 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 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $284,000 | 1.7% |
| Single Family | $298,000 | 1.7% |
| Condos | $201,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $249,000 | -0.8% |
3 Bed | $290,000 | 2.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bridgeport, CT
Bridgeport, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,320 | $1,320 |
| 2 Bed Rent | $1,850 | $1,810 |
| 3 Bed Rent | $2,050 | $2,150 |
| 4 Bed Rent | $3,000 | $3,000 |
% 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 49. This is a decrease of -14.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $90,500 | 26.0% |
Listing Count | 16 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 49 | -14.0% |
Demographics — Bridgeport, CT
As of the latest ACS Survey released in 2023, Bridgeport, CT has a population of 7,710, which has decreased by -12.4% over the past 5 years. Bridgeport, CT is a popular place for families, as children make up 33.5% of the population. The area has a poorly educated workforce, with 7.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,710 | -12.4% |
% Under 18 | 33.5% | 5.3% |
% Seniors | 10.6% | 39.5% |
% WFH | 3.3% | 120.0% |
% w/ College Degree | 7.4% | -32.7% |
As of the latest ACS Survey released in 2023, Bridgeport, CT is a predominantly hispanic area, with 56.6% of the population identifying as hispanic. The hispanic population has grown by 40.4% in the last 5 years. The second most common race or ethnicity in Bridgeport, CT is black, making up 33.8% of the population. Foreign-born residents account for 24.6% of the population in Bridgeport, CT, and this percentage has increased by 13.9% 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 | 3.0% | -25.0% |
% Black | 33.8% | -35.0% |
% Hispanic | 56.6% | 40.4% |
% Asian | 6.4% | 39.1% |
% Foreign Born | 24.6% | 13.9% |
Mortgage and Risk — Bridgeport, CT
According to HUD data as of 2023, there were 63 mortgage originations in Bridgeport, CT, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Bridgeport, CT. Investor activity is low, as 8.0% 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 | 63 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 8.0% |
% Second Loans | 2.0% |
% 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 26.8%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Bridgeport, CT, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 512 |
Total Units Section 8 | 388 |
% Rentals under Section 8 | 26.8% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,320 | $1,510 |
| 2 Bedroom | $40 | $1,850 | $1,890 |
| 3 Bedroom | $290 | $2,050 | $2,340 |
| 4 Bedroom | -$270 | $3,000 | $2,730 |
Affordability — Bridgeport, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $284,000 |
| Median Household Income | $49,600 |