Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,752 people, 1,147 houses or apartments, and a median cost of homes of $443,408, Bridgeville real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Bridgeville, accounting for 70.61% of the town's housing units. Other types of housing that are prevalent in Bridgeville include row houses and other attached homes ( 10.93%), large apartment complexes or high rise apartments ( 10.02%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.12%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bridgeville. Owner-occupied housing accounts for 69.22% of Bridgeville's homes, and 59.44% have either three or four bedrooms, which is average sized relative to America.
Bridgeville homes and real estate are some of the newest in America. 58.61% of Bridgeville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Bridgeville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 19.45%), and between 1940-1969 ( 12.58%). There's also some housing in Bridgeville built before 1939 ( 9.35%).
Appreciation rates for homes in Bridgeville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.41%, which ranks in the top 40% nationwide. This equates to an annual average Bridgeville house appreciation rate of 7.36%.
Over the last year, Bridgeville appreciation rates have trailed the rest of the nation. In the last twelve months, Bridgeville's appreciation rate has been 3.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bridgeville were at 6.02%, which equates to an annual appreciation rate of 26.34%.
Importantly, this makes Bridgeville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Delaware, our data show that Bridgeville's latest annual appreciation rate is lower than 60% of the other cities and towns in Delaware.
$443,408
for Delaware
for nation
1,147
$1,408 / per month