Bridgeport Home Values

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.

The gap between where sellers list and where Bridgeport homes actually close widened in the most recent quarter. Price per square foot settled near $178 — roughly two dollars below the trailing annual average — while the median closed sale came in just under $250,000. Based on MLS data for 2026-06 closings in Bridgeport, more than half of transactions concluded below list, and roughly five in ten carried seller concessions averaging around $8,300. The list-to-sale ratio has compressed to under 95 cents on the dollar, a directional deepening of the trend visible through the prior twelve months, though the moderate sample of about 54 closings tempers strong conclusions.

New listing activity in Bridgeport continued to outpace absorption in the latest quarter — roughly 101 homes entered the market while pending contracts held at just 29, a supply-to-demand imbalance that keeps months of supply elevated near eleven. Active inventory held steady above 200, and while pending volume ticked upward from the prior period, it remains low relative to the listing pipeline. The imbalance directionally reinforces the price discovery pressure visible in closed data, with no pipeline signal yet pointing toward a near-term tightening of conditions in Bridgeport.

Closed transactions in Bridgeport during 2026-05 show a median price per square foot of $182, flat against the trailing annual average but accompanied by notable shifts in how deals are closing. The median sale price landed near $281,000, reflecting year-over-year appreciation of roughly eleven percent. Nearly half of all closings in this period included seller concessions, up from about four in ten over the prior twelve months, with average concession amounts just under $9,000. More than half of homes closed below list price, based on MLS data for 2026-05 closings in Bridgeport, and the overall list-to-sale ratio has pulled back to around 94 cents on the dollar.

The active inventory in Bridgeport stands at 185 homes against just 24 pending contracts, a ratio that suggests absorption has slowed considerably. With roughly thirteen months of supply in the trailing window, new listings entering at a pace of about 86 over the past three months are not being matched by buyer activity at the contract stage. Median days on market has eased slightly to 57 days, but the pipeline depth points toward continued pressure on sellers to bridge the gap between list and final sale price.