Bridgeport's real estate market is experiencing a price correction, with values down 55.5% from last year. Home prices have increased 100.9% in the past month alone. With 2.5 months of supply, Bridgeport's inventory levels remain relatively tight. Properties are selling within just 71 days on average, much faster than the historical norm of 198 days. A significant 40.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Bridgeport market with the affordability index at 254.4. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.