Bridgeport, Michigan is a great place to invest in real estate. The median value of homes in the area is $156,600, which is much lower than the US median of $338,100. In the past year alone, housing appreciation has jumped 9.81%, making this a very attractive investment for those looking to enter the market. With prices still relatively low and appreciation rates on the rise, Bridgeport makes an ideal place to buy a house or condo and watch its value steadily increase over time.
The median home cost in Bridgeport (zip 48722) is $156,600. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Bridgeport (zip 48722) is up 14.8%.
Average Age of Homes
- The median age of Bridgeport (zip 48722) real estate is 51 years old
The Rental Market in Bridgeport (zip 48722)
- Renters make up 13.5% of the Bridgeport (zip 48722) population
- 1.1% of houses and apartments in Bridgeport (zip 48722), 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.