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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bridgman, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bridgman, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bridgman, MI Housing Market & Real Estate

Seller's market-10.2% YoY

Housing market overview · Updated monthly ·

$265,000median sale price

How is the Bridgman, MI housing market right now?

The median home sale price in Bridgman, MI is $265,000, down 10.2% year-over-year. Homes sell in an average of 24 days with 7 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Bridgman a buyer's or seller's market?

Seller's market2.3 months of supply24 avg. days on market

Bridgman, MI is currently a seller's market, based on 2.3 months of supply and homes selling in about 24 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

24

Average pace

Active listings

7

2.3 months supply

Sale-to-list

99.3%

Below asking

What does the Bridgman housing market data show?

Current housing market statistics for Bridgman, MI
MetricValue
Median sale price$265,000
Median list price$352,900
Year-over-year price change-10.2%
Average days on market24 days
Active inventory7 listings
Months of supply2.3 months
Sale-to-list price ratio99.3%
Median price per sq ft$140/sq ft
Homes sold (latest month)3
New listings (latest month)5
Listings with a price cut28.6%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Bridgman by property type?

How the Bridgman, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bridgman, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$250,000$194/sq ft227 days
Condo / Co-op$404,500$244/sq ft248 days

Source: Redfin · Updated monthly

The Bridgman housing market is currently classified as a seller's market with a median sale price of $265,000. Prices have fallen 10.2% compared to last year, with homes spending an average of 24 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.

Homes for sale in Bridgman

There are currently 7 homes listed for sale in Bridgman, Michigan. The median listing price is $353K.

Active listings

7

Homes on market

Median list price

$353K

Avg. days on market

24

Days until sale

New this week

5

Newly listed

Price drops:28.6%of listings
Sale-to-list:99.3%

Who lives in Bridgman?

Population

2,383

Median income

$71,435/yr

Median age

42.1 years

Owner-occupied

72.2%

College grads

30.7%

Avg commute

17.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Bridgman?

Zillow home value

$327,805

Price-to-income

4.6x

Source: Zillow Research

What is it like to live in Bridgman?

Bridgman is a community of approximately 2K residents with a median age of 42.1 years.The median household income is $71,435, which represents a working-class community with solid middle-income opportunities. 30.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 72.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bridgman offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Bridgman?

3 schools tracked · 822 students

The largest public schools serving Bridgman, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Bridgman Elementary School

Grades PK-4 · 322 students

Public

FC Reed Middle School

Grades 5-8 · 255 students

Public

Bridgman High School

Grades 9-12 · 245 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Bridgman, MI?

Want a head-to-head view? Compare Bridgman side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Bridgman?

The median home sale price in Bridgman is $265,000, down 10.2% from last year.

How long do homes stay on market in Bridgman?

Homes typically spend 24 days on market before going under contract.

What is the median income in Bridgman?

The median household income is $71,435 per year.

Is Bridgman a buyer's or seller's market?

With 2.3 months of supply, Bridgman is currently a seller's market.

What is the Zillow home value estimate for Bridgman?

The Zillow Home Value Index (ZHVI) for Bridgman is $327,805, representing the typical home value in the area.

What is the median condo price in Bridgman?

The median condo/co-op sale price in Bridgman, MI is $404,500, compared to $250,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Bridgman?

The median single-family home price in Bridgman, MI is $250,000 (about $194 per square foot).

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