Bridgeport, MI is a great place for homeowners to invest in property. The median value of housing in the city is $149,600, which is significantly lower than the US House Median Value of $338,100. Over the last year, home values have appreciated by 9.85%, higher than the US average of 8.27%. This makes Bridgeport an attractive option for those looking to purchase or invest in a home due to its low cost and high appreciation rate. With all this combined, it's no surprise that Bridgeport has become an increasingly popular choice for real estate investments.
The median home cost in Bridgeport is $149,600. Home appreciation the last 10 years has been 78.2%. Home Appreciation in Bridgeport is up 15.5%.
Average Age of Homes
- The median age of Bridgeport real estate is 52 years old
The Rental Market in Bridgeport
- Renters make up 21.2% of the Bridgeport population
- 6.8% 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.