Bridgeport Home Values

Price per square foot in Bridgeport eased to $172 in September, down from roughly $179 the prior month even as the median closed sale climbed to about $291,000 — a divergence that points toward a shifting mix of what's changing hands rather than a broad repricing, based on MLS data for 2026-09 closings in Bridgeport. Closings extended their climb for a fourth straight month, reaching 69, while days on market held near 58. Sellers continued collecting close to full asking price, and concessions touched nearly six in ten transactions, up from roughly half last month, averaging around $7,600. Homes closing above list slipped to about one in six.

New listings in Bridgeport kept arriving near a hundred this quarter, even as fewer contracts moved into pending status — just 11, down from 13 the prior month. That widening gap has held months of supply close to nine, flat against last month's reading and running just below Wise County's own benchmark of about nine and a third months. Active inventory stayed just above 200. With new supply continuing to outpace contract activity, the pipeline offers little sign yet that Bridgeport's recent run of rising closings is being matched by a comparable pickup in homes moving toward their next sale.

Bridgeport's pace of closings quickened this quarter: median days on market fell to 59, down from 75 last month and faster than Wise County's 62-day median, while completed sales climbed to 68, up from 55, based on MLS data for 2026-08 closings in Bridgeport. Price per square foot held flat near $179, and the median closed sale settled just under $272,000, up roughly three percent year over year. Sellers continued to receive close to full asking price, though concessions still touched just over half of transactions, averaging just under $7,900. The share of homes closing above list eased to about one in six, down from nearly one in five the month prior — a directional signal given the moderate sample.

Bridgeport's pending pipeline stayed thin this quarter, with just 13 contracts working toward closing against active inventory that held steady near 215 — a ratio essentially unchanged from last month's imbalance. New listings continued arriving near a hundred, keeping the supply overhang elevated even as it narrowed to roughly nine and a half months, down from close to eleven last month and now roughly in line with Wise County's reading. Days-on-market direction has been trending faster in recent closings, but with pending contracts this scarce, the pipeline gives little indication that absorption is catching up to the listing pace.

Reversing the list-to-sale compression of recent months, sellers in Bridgeport closed within about three cents of full asking price this quarter, even as the path to a signed contract grew longer. Median days on market climbed to 75, up from 67 across the trailing year — the longest stretch in this timeline — while 55 homes closed, a pace still running ahead of the annual rate, based on MLS data for 2026-07 closings in Bridgeport. Concessions touched roughly six in ten transactions, up from about four in ten a year earlier, averaging near $7,900, and nearly one in five sales closed above list, a sharp jump from roughly one in seventeen a year prior.

Pending contracts in Bridgeport fell to just 14 this quarter, down sharply from 116 a year earlier, even as active listings held near 201 and new inventory continued arriving at a pace slightly ahead of the annual average. The result is a supply overhang near eleven months — directionally consistent with, though still deeper than, Wise County's own elevated backdrop of about nine and a half months. With absorption this thin, the limited sample suggests the imbalance between what's listed and what's under contract in Bridgeport has widened rather than narrowed.