Bridgeport, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bridgeport Neighborhoods Since 2000




Bridgeport, OH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Bridgeport Housing Market Information

With a population of 1,794, 761 total housing units (homes and apartments), and a median house value of $73,677, house prices in Bridgeport are some of the most affordable in Ohio as well as the nation.

Single-family detached homes are the single most common housing type in Bridgeport, accounting for 77.84% of the village's housing units. Other types of housing that are prevalent in Bridgeport include duplexes, homes converted to apartments or other small apartment buildings ( 12.83%), large apartment complexes or high rise apartments ( 6.36%), and a few row houses and other attached homes ( 1.91%).

Dwellings in Bridgeport tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 52.07% of the homes in Bridgeport have two or fewer bedrooms.

The housing in Bridgeport was primarily built before 1939 ( 55.89%), making the housing stock in Bridgeport some of the oldest overall in America, although there is a range of ages of homes in Bridgeport. The next most important housing age is between 1940-1969 ( 27.25%), followed by between 1970-1999 ( 16.54%).

Vacant housing appears to be an issue in Bridgeport. Fully 19.30% of the housing stock is classified as vacant. Left unchecked, vacant Bridgeport homes and apartments can be a drag on the real estate market, holding Bridgeport real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Bridgeport Home Appreciation Rates

Appreciation rates for homes in Bridgeport have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.01%, which ranks in the top 40% nationwide. This equates to an annual average Bridgeport house appreciation rate of 0.77%.

Over the last year, Bridgeport appreciation rates have trailed the rest of the nation. In the last twelve months, Bridgeport's appreciation rate has been -4.59%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bridgeport were at -4.83%, which equates to an annual appreciation rate of -17.97%.

Notably, Bridgeport's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Ohio, our data show that Bridgeport's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$73,677

Bridgeport, OH HOME PRICES

Value Range
> $1,014,000 0.0
$760,001 - $1,014,000 0.0
$507,001 - $760,000 0.0
$405,001 - $507,000 0.0
$304,001 - $405,000 0.8
$203,001 - $304,000 2.7
$101,001 - $203,000 17.4
$51,001 - $101,000 54.0
$0 - $51,000 25.1

Very Low for OH
Very Low for Nation

Value Relative to Nation Value Relative to State
93.7126450251963 95.8005249343832

Number Of Homes And Apartments:
761

Bridgeport Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
18.95% 1.01% 8 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$723 / per month

Homeownership Rate

Homeownership
Owners 67.81
Renters 32.19
Vacant 19.30

Housing Market Details

 

Age of Homes

AGE OF Bridgeport HOMES
2000 or Newer 0.3
1970 - 1999 16.5
1940 - 1969 27.3
1939 or Older 55.9

Types of Homes

TYPE OF Bridgeport HOMES
Single-Family 77.8
Townhomes 1.9
Small Apt. Buildings 12.8
Apt. Complexes 6.4
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Bridgeport HOMES
No Bedroom 0.00
1 Bedroom 16.54
2 Bedrooms 35.52
3 Bedrooms 40.62
4 Bedrooms 6.79
5 or more bedrooms 0.53