Bridgeport FHA Loan Rates, Closing Costs & Stats

BRIDGEPORT-STAMFORD-NORWALK, CT

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Bridgeport FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Bridgeport averaged 0% for the week of 2025-07-11, compared to the national average (all FHA variants) of 6.523% for the same period.

    Bridgeport's average FHA mortgage closing costs are $11,807.

    The average rate for the prior week (2025-07-04) was 0% and one month ago for the week of 2025-06-06, the average rate was 0%.

    The average rate one year ago was 0%.

    For refis of the same type during the week of 2025-07-11, the average rate was 0%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Bridgeport FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Bridgeport level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs

    The lowest fee Bridgeport FHA lenders (with over 10 loans originated) are .

    The lowest rate Bridgeport FHA lenders (with over 10 loans originated) are .

    Bridgeport FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    BRIDGEPORT-STAMFORD-NORWALK, CT FAIRFIELD 2022 $695,750 $890,700 $1,076,650 $1,338,000
    BRIDGEPORT-STAMFORD-NORWALK, CT FAIRFIELD 2023 $707,250 $905,400 $1,094,450 $1,360,100

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Bridgeport (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $709,900 (6.4%) $1,355,348 (-5.2%) 2.63 4,133
    2018-02-01 $756,750 (5.9%) $1,393,653 (-4.7%) 2.75 4,410
    2018-03-01 $789,000 (5.6%) $1,393,190 (-5.8%) 2.77 4,872
    2018-04-01 $791,950 (5.7%) $1,381,450 (-5.8%) 2.69 5,447
    2018-05-01 $795,000 (6.1%) $1,377,514 (-4.6%) 2.65 5,920
    2018-06-01 $775,000 (3.5%) $1,352,341 (-5.9%) 2.58 6,244
    2018-07-01 $749,500 (1.6%) $1,355,145 (-3.9%) 2.50 6,152
    2018-08-01 $731,875 (3.3%) $1,334,932 (-3.3%) 2.45 5,958
    2018-09-01 $739,000 (2.1%) $1,342,233 (-3.0%) 2.48 5,972
    2018-10-01 $732,500 (0.8%) $1,348,837 (0.6%) 2.48 5,887
    2018-11-01 $724,950 (2.9%) $1,359,410 (1.6%) 2.46 5,552
    2018-12-01 $709,000 (1.3%) $1,383,387 (2.8%) 2.45 4,881
    2019-01-01 $704,925 (-0.7%) $1,383,903 (2.1%) 2.44 4,409
    2019-02-01 $739,450 (-2.3%) $1,390,447 (-0.2%) 2.50 4,653
    2019-03-01 $749,429 (-5.0%) $1,396,039 (0.2%) 2.45 5,013
    2019-04-01 $757,500 (-4.4%) $1,402,872 (1.6%) 2.41 5,384
    2019-05-01 $754,000 (-5.2%) $1,383,670 (0.5%) 2.36 5,936
    2019-06-01 $730,000 (-5.8%) $1,372,058 (1.5%) 2.28 6,214
    2019-07-01 $707,500 (-5.6%) $1,338,047 (-1.3%) 2.21 6,143
    2019-08-01 $696,273 (-4.9%) $1,326,595 (-0.6%) 2.20 6,011
    2019-09-01 $692,182 (-6.3%) $1,319,053 (-1.7%) 2.22 5,899
    2019-10-01 $692,455 (-5.5%) $1,318,103 (-2.3%) 2.23 5,768
    2019-11-01 $694,450 (-4.2%) $1,315,861 (-3.2%) 2.28 5,204
    2019-12-01 $689,450 (-2.8%) $1,329,212 (-3.9%) 2.30 4,350
    2020-01-01 $684,450 (-2.9%) $1,331,194 (-3.8%) 2.29 3,863
    2020-02-01 $700,000 (-5.3%) $1,340,845 (-3.6%) 2.29 4,064
    2020-03-01 $724,500 (-3.3%) $1,348,316 (-3.4%) 2.27 4,350
    2020-04-01 $719,000 (-5.1%) $1,366,068 (-2.6%) 2.25 4,091
    2020-05-01 $749,000 (-0.7%) $1,439,825 (4.1%) 2.28 4,017
    2020-06-01 $799,500 (9.5%) $1,549,325 (12.9%) 2.36 3,993
    2020-07-01 $809,200 (14.4%) $1,602,387 (19.8%) 2.35 3,898
    2020-08-01 $799,000 (14.8%) $1,638,443 (23.5%) 2.29 3,647
    2020-09-01 $795,000 (14.9%) $1,647,037 (24.9%) 2.28 3,467
    2020-10-01 $792,000 (14.4%) $1,666,695 (26.5%) 2.27 3,383
    2020-11-01 $772,000 (11.2%) $1,678,135 (27.5%) 2.26 2,945
    2020-12-01 $797,000 (15.6%) $1,714,149 (29.0%) 2.37 2,558
    2021-01-01 $825,000 (20.5%) $1,798,145 (35.1%) 2.46 2,114
    2021-02-01 $887,000 (26.7%) $1,908,110 (42.3%) 2.58 1,870
    2021-03-01 $879,725 (21.4%) $1,886,848 (39.9%) 2.50 1,895
    2021-04-01 $844,974 (17.5%) $1,904,541 (39.4%) 2.29 2,046
    2021-05-01 $889,000 (18.7%) $1,903,424 (32.2%) 2.36 2,267
    2021-06-01 $849,000 (6.2%) $1,807,743 (16.7%) 2.23 2,484
    2021-07-01 $750,000 (-7.3%) $1,666,022 (4.0%) 1.98 2,666
    2021-08-01 $699,473 (-12.5%) $1,603,508 (-2.1%) 1.87 2,619
    2021-09-01 $699,973 (-12.0%) $1,610,657 (-2.2%) 1.87 2,454
    2021-10-01 $699,900 (-11.6%) $1,641,591 (-1.5%) 1.87 2,302
    2021-11-01 $752,000 (-2.6%) $1,745,028 (4.0%) 2.01 1,923
    2021-12-01 $749,450 (-6.0%) $1,807,390 (5.4%) 2.03 1,554
    2022-01-01 $797,900 (-3.3%) $1,969,010 (9.5%) 2.16 1,261
    2022-02-01 $891,000 (0.5%) $2,268,399 (18.9%) 2.32 1,173
    2022-03-01 $899,000 (2.2%) $2,229,731 (18.2%) 2.25 1,202
    2022-04-01 $859,500 (1.7%) $2,145,538 (12.7%) 2.05 1,310
    2022-05-01 $849,000 (-4.5%) $1,941,896 (2.0%) 1.94 1,718
    2022-06-01 $840,750 (-1.0%) $1,839,960 (1.8%) 1.87 1,943
    2022-07-01 $824,950 (10.0%) $1,786,999 (7.3%) 1.86 2,105
    2022-08-01 $804,750 (15.1%) $1,809,473 (12.8%) 1.86 1,998
    2022-09-01 $779,000 (11.3%) $1,818,747 (12.9%) 1.82 1,981
    2022-10-01 $799,000 (14.2%) $1,871,275 (14.0%) 1.88 1,950
    2022-11-01 $799,225 (6.3%) $1,900,424 (8.9%) 1.92 1,743
    2022-12-01 $799,000 (6.6%) $1,941,760 (7.4%) 1.97 1,429
    2023-01-01 $813,725 (2.0%) $1,945,027 (-1.2%) 2.02 1,257
    2023-02-01 $941,000 (5.6%) $2,240,553 (-1.2%) 2.27 1,207
    2023-03-01 $1,049,000 (16.7%) $2,313,935 (3.8%) 2.47 1,225
    2023-04-01 $1,150,000 (33.8%) $2,362,717 (10.1%) 2.67 1,223
    2023-05-01 $1,197,000 (41.0%) $2,389,414 (23.1%) 2.71 1,339
    2023-06-01 $1,185,750 (41.0%) $2,351,335 (27.8%) 2.66 1,358
    2023-07-01 $1,135,000 (37.6%) $2,316,352 (29.6%) 2.58 1,337
    2023-08-01 $972,450 (20.8%) $2,043,214 (12.9%) 2.23 1,256
    2023-09-01 $925,000 (18.7%) $1,970,715 (8.4%) 2.15 1,351
    2023-10-01 $914,450 (14.5%) $2,028,729 (8.4%) 2.15 1,352
    2023-11-01 $895,250 (12.0%) $1,994,267 (4.9%) 2.13 1,298
    2023-12-01 $849,000 (6.3%) $2,043,429 (5.2%) 2.07 1,036
    2024-01-01 $849,500 (4.4%) $2,037,249 (4.7%) 2.07 935
    2024-02-01 $875,000 (-7.0%) $2,083,318 (-7.0%) 2.11 978
    2024-03-01 $949,450 (-9.5%) $2,148,161 (-7.2%) 2.23 1,011
    2024-04-01 $985,000 (-14.4%) $2,185,991 (-7.5%) 2.29 1,081
    2024-05-01 $1,012,000 (-15.5%) $2,172,406 (-9.1%) 2.30 1,248
    2024-06-01 $924,950 (-22.0%) $2,023,640 (-13.9%) 2.10 1,400
    2024-07-01 $875,000 (-22.9%) $1,951,333 (-15.8%) 2.00 1,429
    2024-08-01 $810,000 (-16.7%) $1,928,044 (-5.6%) 1.88 1,423
    2024-09-01 $849,125 (-8.2%) $1,976,084 (0.3%) 2.00 1,512
    2024-10-01 $833,447 (-8.9%) $1,944,748 (-4.1%) 1.96 1,497
    2024-11-01 $795,000 (-11.2%) $1,918,333 (-3.8%) 1.91 1,311
    2024-12-01 $768,450 (-9.5%) $1,910,484 (-6.5%) 1.91 1,015
    2025-01-01 $747,000 (-12.1%) $2,012,424 (-1.2%) 1.87 904
    2025-02-01 $767,700 (-12.3%) $1,938,106 (-7.0%) 1.86 895
    2025-03-01 $799,000 (-15.9%) $2,014,994 (-6.2%) 1.88 1,012
    2025-04-01 $812,000 (-17.6%) $2,032,587 (-7.0%) 1.88 1,161
    2025-05-01 $875,000 (-13.5%) $2,036,610 (-6.3%) 1.99 1,498
    2025-06-01 $892,998 (-3.5%) $2,001,643 (-1.1%) 2.03 1,553
    Bridgeport's median listing price for 2025-06-01 was $892,998, a difference of $-31,952 (-3.5%) versus the prior year and $17,998 versus the prior month.

    Bridgeport's median listing price comes in at 203% of the national average.

    Bridgeport's average listing price for 2025-06-01 was $2,001,643, a difference of $-21,997 (-1.1%) versus the prior year and $-34,967 versus the prior month.

    For the 2025-06-01 period, Bridgeport had 1,553 MLS listings, a difference of 55 listings (4%) versus the prior month and 153 listings (11%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bridgeport (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 109 days 2,635 sqft
    2018-02-01 98 days 2,721 sqft
    2018-03-01 58 days 2,797 sqft
    2018-04-01 57 days 2,798 sqft
    2018-05-01 55 days 2,795 sqft
    2018-06-01 60 days 2,749 sqft
    2018-07-01 72 days 2,726 sqft
    2018-08-01 85 days 2,696 sqft
    2018-09-01 93 days 2,681 sqft
    2018-10-01 90 days 2,712 sqft
    2018-11-01 89 days 2,688 sqft
    2018-12-01 99 days 2,681 sqft
    2019-01-01 108 days 2,664 sqft
    2019-02-01 100 days 2,721 sqft
    2019-03-01 77 days 2,762 sqft
    2019-04-01 56 days 2,805 sqft
    2019-05-01 55 days 2,902 sqft
    2019-06-01 64 days 3,000 sqft
    2019-07-01 73 days 2,936 sqft
    2019-08-01 81 days 2,908 sqft
    2019-09-01 86 days 2,901 sqft
    2019-10-01 88 days 2,898 sqft
    2019-11-01 87 days 2,886 sqft
    2019-12-01 99 days 2,840 sqft
    2020-01-01 109 days 2,821 sqft
    2020-02-01 96 days 2,858 sqft
    2020-03-01 58 days 2,925 sqft
    2020-04-01 69 days 2,887 sqft
    2020-05-01 76 days 2,950 sqft
    2020-06-01 51 days 3,067 sqft
    2020-07-01 43 days 3,023 sqft
    2020-08-01 49 days 2,950 sqft
    2020-09-01 52 days 2,885 sqft
    2020-10-01 50 days 2,841 sqft
    2020-11-01 58 days 2,748 sqft
    2020-12-01 69 days 2,640 sqft
    2021-01-01 81 days 2,640 sqft
    2021-02-01 71 days 2,732 sqft
    2021-03-01 43 days 2,676 sqft
    2021-04-01 32 days 2,694 sqft
    2021-05-01 32 days 2,730 sqft
    2021-06-01 35 days 2,617 sqft
    2021-07-01 40 days 2,443 sqft
    2021-08-01 48 days 2,212 sqft
    2021-09-01 56 days 2,202 sqft
    2021-10-01 54 days 2,178 sqft
    2021-11-01 57 days 2,155 sqft
    2021-12-01 69 days 2,098 sqft
    2022-01-01 75 days 2,176 sqft
    2022-02-01 48 days 2,352 sqft
    2022-03-01 30 days 2,358 sqft
    2022-04-01 22 days 2,326 sqft
    2022-05-01 21 days 2,290 sqft
    2022-06-01 28 days 2,348 sqft
    2022-07-01 33 days 2,312 sqft
    2022-08-01 44 days 2,464 sqft
    2022-09-01 52 days 2,431 sqft
    2022-10-01 53 days 2,451 sqft
    2022-11-01 56 days 2,461 sqft
    2022-12-01 72 days 2,456 sqft
    2023-01-01 76 days 2,421 sqft
    2023-02-01 61 days 2,541 sqft
    2023-03-01 41 days 2,681 sqft
    2023-04-01 37 days 2,744 sqft
    2023-05-01 26 days 2,906 sqft
    2023-06-01 32 days 3,000 sqft
    2023-07-01 39 days 2,956 sqft
    2023-08-01 50 days 2,768 sqft
    2023-09-01 45 days 2,728 sqft
    2023-10-01 42 days 2,695 sqft
    2023-11-01 48 days 2,677 sqft
    2023-12-01 60 days 2,585 sqft
    2024-01-01 64 days 2,568 sqft
    2024-02-01 43 days 2,581 sqft
    2024-03-01 37 days 2,658 sqft
    2024-04-01 31 days 2,560 sqft
    2024-05-01 26 days 2,666 sqft
    2024-06-01 33 days 2,472 sqft
    2024-07-01 41 days 2,390 sqft
    2024-08-01 46 days 2,299 sqft
    2024-09-01 44 days 2,292 sqft
    2024-10-01 44 days 2,275 sqft
    2024-11-01 52 days 2,177 sqft
    2024-12-01 65 days 2,166 sqft
    2025-01-01 70 days 2,119 sqft
    2025-02-01 44 days 2,090 sqft
    2025-03-01 31 days 2,126 sqft
    2025-04-01 29 days 2,123 sqft
    2025-05-01 29 days 2,338 sqft
    2025-06-01 35 days 2,447 sqft
    Bridgeport's median listing age (time on market) for 2025-06-01 was 35 days. This is 5% longer than the same period one year ago.

    Bridgeport's median square footage for active listings during the 2025-06-01 period was 2,447 sqft. One year prior, the average listing was 2,472 sqft.

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).