Bridgeport, OH Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bridgeport, OH Housing Market Trends

With a population of 1,728, 661 total housing units (homes and apartments), and a median house value of $89,588, 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 82.31% 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 ( 11.54%), row houses and other attached homes ( 3.34%), and a few large apartment complexes or high rise apartments ( 2.16%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bridgeport. Owner-occupied housing accounts for 78.21% of Bridgeport's homes, and 56.53% have either three or four bedrooms, which is average sized relative to America.

The housing in Bridgeport was primarily built before 1939 ( 46.82%), 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 ( 35.28%), followed by between 1970-1999 ( 16.18%). There's also some housing in Bridgeport built between 2000 and later ( 1.73%).

Vacant housing appears to be an issue in Bridgeport. Fully 28.69% 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 44.43%, which ranks in the top 50% nationwide. This equates to an annual average Bridgeport house appreciation rate of 3.74%.

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 2.61%, 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 1.49%, which equates to an annual appreciation rate of 6.10%.

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:
$89,588

Bridgeport, OH HOME PRICES

> $1,112,000
0.2%
0.2%
$834,001 - $1,112,000
0.0%
0.0%
$556,001 - $834,000
0.2%
0.2%
$445,001 - $556,000
0.0%
0.0%
$334,001 - $445,000
0.0%
0.0%
$222,001 - $334,000
4.9%
4.9%
$111,001 - $222,000
16.3%
16.3%
$56,001 - $111,000
57.0%
57.0%
$0 - $56,000
21.5%
21.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for OH

Value Relative To Nation

Number Of Homes And Apartments:
661

Bridgeport Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
50.60% 1.92%
6
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$833 / per month

Homeownership Rate

Owners
78.2%
78.2%
Renters
21.8%
21.8%
Vacant
28.7%
28.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1.7%
1.7%
1970 - 1999
16.2%
16.2%
1940 - 1969
35.3%
35.3%
1939 or Older
46.8%
46.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
82.3%
82.3%
Townhomes
3.3%
3.3%
Small Apt. Buildings
11.5%
11.5%
Apt. Complexes
2.2%
2.2%
Mobile Homes
0.6%
0.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.4%
0.4%
1 Bedroom
10.4%
10.4%
2 Bedrooms
30.5%
30.5%
3 Bedrooms
49.0%
49.0%
4 Bedrooms
7.6%
7.6%
5 or more bedrooms
2.2%
2.2%
0.0% 100.0%
% OF HOMES