Bridgeport, Connecticut has a median housing value of $307,000, which is significantly lower than the US median of $338,100. However, the 1 year appreciation rate for homes in Bridgeport is 12.96%, which is higher than the US 1 year appreciation rate of 8.27%. This shows that while Bridgeport may not have the highest median housing value in comparison to the US average, it still presents a good investment opportunity for potential home buyers due to its healthy rate of appreciation.
The median home cost in Bridgeport (zip 06605) is $307,000. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Bridgeport (zip 06605) is up 16.6%.
Average Age of Homes
- The median age of Bridgeport (zip 06605) real estate is 76 years old
The Rental Market in Bridgeport (zip 06605)
- Renters make up 60.2% of the Bridgeport (zip 06605) population
- 2.8% of houses and apartments in Bridgeport (zip 06605), 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.