Bridgeport, CT06610

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$275,000
3.6% YoY Growth
Median Household Income
$50,800
10.0% 5-Year Growth
Days on Market
55
4.0% Longer than last year
Home Price Forecast
3.8%
Median Rent
$2,000
31.2% YoY Growth
1-Bed Rent
$1,450
N/A
2-Bed Rent
$2,000
24.4% YoY Growth
3-Bed Rent
$2,200
N/A

Other Zip Codes in Bridgeport, CT

Property Listings — Bridgeport, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Bridgeport, CT is 55. This is a increase of 4.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$242,00022.0%
Listing Count
53-10.0%
Listings as % of Homes0.6%-10.0%
Days on Market
554.0%
Loading chart...

Demographics — Bridgeport, CT

As of the latest ACS Survey released in 2023, Bridgeport, CT has a population of 22,100, which has decreased by -5.1% over the past 5 years. Bridgeport, CT is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
22,100-5.1%
% Under 18
20.6%-5.9%
% Seniors
15.1%10.2%
% WFH
4.6%142.1%
% w/ College Degree
17.1%6.9%
Loading chart...

As of the latest ACS Survey released in 2023, Bridgeport, CT is a predominantly hispanic area, with 50.6% of the population identifying as hispanic. The hispanic population has grown by 10.0% in the last 5 years. The second most common race or ethnicity in Bridgeport, CT is black, making up 25.1% of the population. Foreign-born residents account for 30.7% of the population in Bridgeport, CT, and this percentage has increased by 13.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
19.7%31.3%
% Black
25.1%-30.3%
% Hispanic
50.6%10.0%
% Asian
2.6%-21.2%
% Foreign Born
30.7%13.3%
Loading chart...

Mortgage and Risk — Bridgeport, CT

According to HUD data as of 2023, there were 201 mortgage originations in Bridgeport, CT, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Bridgeport, CT. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
201
% Conventional Loans
77.0%
% Government Loans
23.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
11.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Bridgeport, CT

As of 2024, the percent of homes in Bridgeport, CT under the Section 8 program is 26.5%. 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. 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 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
1,557
Total Units Section 8
1,164
% Rentals under Section 8
26.5%
% Occupied Section 8
92.5%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$10$1,450$1,440
2 Bedroom-$220$2,000$1,780
3 Bedroom$50$2,200$2,250
4 Bedroom-$660$3,300$2,640

Affordability — Bridgeport, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.4
Median Home Price$275,000
Median Household Income$50,800

Bridgeport, CT — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions