Bridgeport, CT—06608
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 $283,000, with a year-over-year change of 4.7%. This indicates that home prices in Bridgeport, CT are increasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | 4.7% |
| Single Family | $310,000 | 4.0% |
| Condos | $195,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $231,000 | 11.6% |
3 Bed | $288,000 | 5.1% |
4 Bed | $327,000 | 6.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bridgeport, CT
As of July '25, Rentcast reports the average rent in Bridgeport, CT is $2,170, with a year-over-year rent change of 11.3%. Per bedroom, the median rent as of July '25 in Bridgeport, CT is 1-bedrooms: $948, 2-bedrooms: $1,830, 3-bedrooms: $2,260, 4-bedrooms: $2,810. The most common rental property sizes in Bridgeport, CT are 2-bedroom and 3-bedroom, accounting for 42.7% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $2,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $948 |
| 2 Bed Rent | $1,800 | $1,830 |
| 3 Bed Rent | $2,250 | $2,260 |
| 4 Bed Rent | $2,600 | $2,810 |
% 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 109. This is a increase of 64.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $209,000 | 18.0% |
Listing Count | 11 | 95.0% |
| Listings as % of Homes | 0.2% | 95.0% |
Days on Market | 109 | 64.0% |
Demographics — Bridgeport, CT
As of the latest ACS Survey released in 2023, Bridgeport, CT has a population of 12,600, which has decreased by -9.4% over the past 5 years. Bridgeport, CT is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 7.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,600 | -9.4% |
% Under 18 | 27.0% | -5.9% |
% Seniors | 10.0% | 37.0% |
% WFH | 0.7% | -58.8% |
% w/ College Degree | 7.3% | 35.2% |
As of the latest ACS Survey released in 2023, Bridgeport, CT is a predominantly hispanic area, with 68.6% of the population identifying as hispanic. The hispanic population has grown by 10.8% in the last 5 years. The second most common race or ethnicity in Bridgeport, CT is black, making up 24.2% of the population. Foreign-born residents account for 34.3% of the population in Bridgeport, CT, and this percentage has increased by 53.1% 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 | 4.5% | 12.5% |
% Black | 24.2% | -24.4% |
% Hispanic | 68.6% | 10.8% |
% Asian | 5.4% | 390.9% |
% Foreign Born | 34.3% | 53.1% |
Mortgage and Risk — Bridgeport, CT
According to HUD data as of 2023, there were 50 mortgage originations in Bridgeport, CT, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Bridgeport, CT. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Bridgeport, CT
As of 2024, the percent of homes in Bridgeport, CT under the Section 8 program is 25.4%. 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. In Bridgeport, CT, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,272 |
Total Units Section 8 | 849 |
% Rentals under Section 8 | 25.4% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $730 | $750 | $1,480 |
| 2 Bedroom | $50 | $1,800 | $1,850 |
| 3 Bedroom | $40 | $2,250 | $2,290 |
| 4 Bedroom | $70 | $2,600 | $2,670 |
Affordability — Bridgeport, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $283,000 |
| Median Household Income | $43,000 |