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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 9,397 people, 4,099 houses or apartments, and a median cost of homes of $343,199, Bridgeport real estate is some of the most expensive in West Virginia, although Bridgeport home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Bridgeport, accounting for 68.98% of the city's housing units. Other types of housing that are prevalent in Bridgeport include large apartment complexes or high rise apartments ( 16.72%), row houses and other attached homes ( 7.27%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.73%).
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 74.33% of Bridgeport's homes, and 63.06% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Bridgeport's housing was primarily built during this period, from the '40s through the '60s. A full 32.95% of the city's housing hails from this era. Other housing ages represented in Bridgeport include homes built between 1970-1999 ( 32.65%) and housing constructed between 2000 and later ( 29.14%). There's also some housing in Bridgeport built before 1939 ( 5.26%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Bridgeport, where house values have increased just 49.43%, which is annualized rate of 4.10%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Bridgeport's appreciation rate, at 4.11%, has been at or slightly above the national average. In the latest quarter, Bridgeport's appreciation rate has been 2.81%, which annualizes to a rate of 11.73%.
Importantly, this makes Bridgeport one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to West Virginia, our data show that Bridgeport's latest annual appreciation rate is lower than 60% of the other cities and towns in West Virginia.
$343,199
for West virginia
for nation
4,099
$1,457 / per month