Bridgeport, NJ Foreclosures
How much do homes sell for in Bridgeport, NJ?
The average home price is currently $279,866.
What’s the average rental cost in Bridgeport, NJ?
The average rental price in Bridgeport is $1,511.
What is the most expensive home in Bridgeport?
The most expensive home sold in Bridgeport had a price of $945,757.
What is currently the cheapest priced home in Bridgeport, NJ?
The cheapest home for sale in Bridgeport is priced at $41,854.
Living in Bridgeport, NJ
Bridgeport, NJ is a tranquil community known for its scenic views and family-friendly atmosphere. With easy access to outdoor activities and essential amenities, it offers a peaceful environment for residents. The area's convenient transportation links to nearby urban centers make it a great place for both work and leisure.
Current Market Conditions in Bridgeport, NJ
The real estate market in Bridgeport remains steady, with homes experiencing a gradual increase in value. The community is seeing a mix of sales as interest from first-time home-buyers and families looking for a suburban lifestyle is on the rise. Bridgeport's affordability compared to neighboring regions continues to attract new residents, contributing to a moderate demand in housing.
In recent months, the market has shown resilience against larger market fluctuations, with homes listed at competitive prices and buyers finding opportunities in the area. The diverse range of homes available, from historic properties to newer constructions, caters to various preferences and budgets.
Home Value Estimator For Bridgeport, NJ
There are currently 204 real estate properties
in Bridgeport, NJ,
with a median automated valuation model (AVM) price
of $264,587.00. 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, NJ, 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, NJ,
is $279,866.00, with the most expensive house
in Bridgeport, NJ, topping out
at $945,757.00 and the cheapest home
in Bridgeport, NJ,
clocking in at $41,854.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bridgeport, NJ!
Rent Prices
In Bridgeport, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bridgeport, NJ, is on
a rollercoaster ride. The
average rent price in Bridgeport, NJ,
is $1,511.00. Indeed, when looking to rent in
Bridgeport, NJ, you can expect to pay as little
as $950.00 or as much
as $3,500.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Bridgeport, NJ
-- 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
