Zip Code 06606

Bridgeport, CTFairfield County

Real Estate Market Analysis

Q3 2025 Report
$375,000 (June 2025)
Median Home Value
~47,000 (06606 area, 2025 est.)
Population
$68,000 (2025 est.)
Median Income
Below state average (2025)
School District Rating

Market Statistics

Property Values

$375,000 (June 2025)
Median Home Value
Estimated $2,200–$2,400/month (2025, local averages)
Median Rent
Approx. $210–$220 (2025)
Price per Sq Ft

Market Performance

Home Appreciation4.4% year-over-year increase (June 2025)
Market VelocityHomes selling in under 30 days; strong demand, low inventory[2][4]
Foreclosure RateLow; below state average (2025, inferred from strong market)[2][4]

Area Information

Area SizeUrban/suburban mix
CountyFairfield
Primary CityBridgeport

Housing Profile

Housing Statistics

Total Housing UnitsEstimated 13,000+ (Bridgeport North End area)
Owner Occupied~55% (local census est.)
Rental Properties~45% (local census est.)
Vacant UnitsLow, under 5% (2025, inferred from tight inventory)[3][4]
New ConstructionLimited; infill and small-scale multifamily projects

Housing Types

Single-family homesDuplexesSmall multifamily (2–4 units)Apartments

Demographics

~47,000 (06606 area, 2025 est.)
Population
36
Median Age
$68,000 (2025 est.)
Median Income
~95% (unemployment ~5%)
Employment Rate
High school grad or higher: 88%; Bachelor's or higher: 29%
Education Levels
Mix of families, young professionals, and retirees
Family Composition

Education Quality

School District Performance

Below state average (2025)
District Rating
School DistrictBridgeport Public Schools
Test ScoresBelow CT average; some improvement in select magnet schools
Graduation Rates~78% (2025)

Schools in Area

  • Blackham School
  • Madison School
  • Central High School
  • Fairchild Wheeler Magnet

Economic Factors

Employment & Business

Job GrowthStable, moderate growth (2025)
Unemployment Rate~5% (2025)
Business EnvironmentUrban, service-oriented, education and healthcare hubs
Commercial ActivityActive retail corridors, healthcare, education, and small business presence

Major Employers

  • Bridgeport Hospital
  • Sacred Heart University
  • St. Vincent's Medical Center
  • City of Bridgeport

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • Merritt Parkway (Route 15)
  • I-95 (nearby)
  • Metro-North rail (Bridgeport station)
  • CT Transit bus lines

Utilities & Services

  • City water/sewer
  • Electricity (UI)
  • Natural gas (Eversource)

Quality of Life

Safety & Environment

Moderate; lower than Bridgeport average but above state average

Urban/suburban; good air quality, some traffic noise

Healthcare Access

  • Bridgeport Hospital
  • St. Vincent's Medical Center
  • Multiple urgent care clinics

Development Trends

Planned Developments

  • Small-scale multifamily infill
  • Retail renovations along Main St.

Infrastructure Projects

  • Road resurfacing
  • Sidewalk improvements

Investment Outlook

Growth Outlook

Stable, moderate growth; continued demand for affordable homes

Investment Opportunities

  • Value-add multifamily
  • Single-family rentals
  • Small commercial retail

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Young families
  • Investors seeking rental income
  • Healthcare and education professionals

Competitive Advantages

  • Lower price point than Fairfield/Trumbull
  • Strong rental market
  • Urban amenities with suburban feel

Pricing Strategies

List slightly below median to attract multiple offers; price competitively for quick sales

Common Objections & Response Strategies

Objection: School ratings are below state average

Response Strategy:

Highlight magnet and specialty schools, proximity to private options, and ongoing district improvements.

Objection: Crime rates higher than some suburbs

Response Strategy:

Emphasize lower crime than city average, active neighborhood watch, and community policing.

Objection: Older housing stock

Response Strategy:

Showcase renovated homes, value-add potential, and lower entry price for upgrades.

Professional Recommendations

1

Emphasize affordability and rental demand in marketing.

2

Network with local employers (hospitals, universities) for relocation leads.

3

Highlight renovated properties and value-add opportunities.

4

Stay updated on zoning and development changes.

5

Use data-driven pricing and virtual marketing tools.

Competitive Analysis

Comparable Markets

  • Trumbull (06611)
  • Fairfield (06824)
  • Stratford (06614)

Market Positioning

Affordable alternative to pricier suburbs; strong for investors and first-time buyers

Competitive Advantages

  • Lower entry price
  • Higher rental yields
  • Urban amenities

Price Comparison

06606 median ($375k) vs. Trumbull ($525k) and Fairfield ($650k)

Investment Metrics

5.5%–6.5% (multifamily, 2025)
Cap Rates
6%–7% gross yield (single-family rentals)
Rental Yields
~14–16
Price-to-Rent
Positive for well-managed rentals; strong demand from students and professionals
Cash Flow
3%–5% annual (2025–2027)
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability and urban amenities; may need guidance on financing and renovation potential.

Move-Up Buyers

Limited options for larger/newer homes; may consider nearby towns for more space.

Downsizers

Appealing for those seeking low-maintenance homes near healthcare and city services.

Investors

Strong demand for rentals; value-add and cash flow opportunities.

Relocators

Drawn by proximity to jobs, hospitals, and universities; competitive pricing vs. coastal Fairfield County.

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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