Bridgeport, AL is a great place to live, with the local median house value being just over $108,700. This is significantly lower than the US median house value, which is currently $338,100. While the national housing appreciation rate for the past year was 8.27%, Bridgeport has seen an even greater appreciation rate of 14.36%. This makes Bridgeport an attractive option for those looking for a good investment in their housing purchase as it provides a higher return on investment than other places in the country.
The median home cost in Bridgeport is $108,700. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Bridgeport is up 14.4%.
Average Age of Homes
- The median age of Bridgeport real estate is 46 years old
The Rental Market in Bridgeport
- Renters make up 28.8% of the Bridgeport population
- 4.0% of houses and apartments in Bridgeport, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.