Bridgeport, IL Foreclosures
How much do homes sell for in Bridgeport, IL?
The average home price is currently $115,498.
In Bridgeport, IL, how many homes are available?
There are currently 1 active home listings available in Bridgeport.
What’s the average rental cost in Bridgeport, IL?
The average rental price in Bridgeport is $935.
What is the most expensive home in Bridgeport?
The most expensive home sold in Bridgeport had a price of $740,100.
What is currently the cheapest priced home in Bridgeport, IL?
The cheapest home for sale in Bridgeport is priced at $15,987.
Living in Bridgeport, IL
Bridgeport is a historically rich neighborhood in Chicago, known for its diverse community, extensive parks, and vibrant cultural scene. Living here provides easy access to downtown while enjoying a suburban feel with great local amenities.
Current Market Conditions in Bridgeport, IL
The Bridgeport real estate market has been steadily improving over the past year, driven by an influx of new buyers attracted by the area's affordable housing options and connectivity to downtown Chicago. As more people discover the charm and community spirit of Bridgeport, home values have increased, making it an attractive option for both investors and first-time homebuyers.
Current trends show that homes in Bridgeport sell quickly, often with multiple offers, reflecting a competitive market. Buyers are particularly interested in single-family homes with original architecture, as well as new developments that are modernizing the neighborhood while retaining its historic character.
Home Value Estimator For Bridgeport, IL
There are currently 1,240 real estate properties
in Bridgeport, IL,
with a median automated valuation model (AVM) price
of $92,788.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bridgeport, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Bridgeport, IL,
is $115,498.00, with the most expensive house
in Bridgeport, IL, topping out
at $740,100.00 and the cheapest home
in Bridgeport, IL,
clocking in at $15,987.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bridgeport, IL!
Rent Prices
In Bridgeport, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bridgeport, IL, is on
a rollercoaster ride. The
average rent price in Bridgeport, IL,
is $935.00. Indeed, when looking to rent in
Bridgeport, IL, you can expect to pay as little
as $550.00 or as much
as $2,040.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Bridgeport, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
