Bridgeport, MI—48722
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bridgeport, MI
As of Oct '25, the median home price in Bridgeport, MI is $171,000, with a year-over-year change of 9.6%. This indicates that home prices in Bridgeport, MI are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | 9.6% |
| Single Family | $171,000 | 9.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $114,000 | 8.6% |
3 Bed | $171,000 | 8.9% |
4 Bed | $207,000 | 8.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bridgeport, MI
Bridgeport, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bridgeport, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Bridgeport, MI is 30. This is a decrease of -36.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $216,000 | -10.0% |
Listing Count | 14 | -4.0% |
| Listings as % of Homes | 0.6% | -4.0% |
Days on Market | 30 | -36.0% |
Demographics — Bridgeport, MI
As of the latest ACS Survey released in 2023, Bridgeport, MI has a population of 3,150, which has increased by 3.8% over the past 5 years. Bridgeport, MI is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 20.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,150 | 3.8% |
% Under 18 | 16.8% | -10.6% |
% Seniors | 26.2% | 26.0% |
% WFH | 4.3% | 48.3% |
% w/ College Degree | 20.4% | 7.4% |
As of the latest ACS Survey released in 2023, Bridgeport, MI is a predominantly white area, with 81.8% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Bridgeport, MI is black, making up 8.5% of the population. Foreign-born residents account for 7.6% of the population in Bridgeport, MI, and this percentage has increased by Inf% 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 | 81.8% | -8.3% |
% Black | 8.5% | 97.7% |
% Hispanic | 7.1% | 18.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 7.6% | ∞% |
Mortgage and Risk — Bridgeport, MI
According to HUD data as of 2023, there were 28 mortgage originations in Bridgeport, MI, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Bridgeport, MI. Investor activity is low, as 0.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Bridgeport, MI
Bridgeport, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Bridgeport, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $171,000 |
| Median Household Income | $68,800 |