Mortgage payment estimates, closing cost breakdowns, and homebuying data for Bridgeport, West Virginia.
Median Home Price
$285K
Population
9K
Avg Monthly Rent
$1,120
Property Tax Rate
0.58% *
* Property tax shown is the West Virginia state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Bridgeport.
Bridgeport vs West Virginia Median
The median home price in Bridgeport is $285,000, which is 84% above the West Virginia state median of $155,000.
Mortgage Calculator — Bridgeport, WV
Pre-filled with Bridgeport median home price and West Virginia tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $285K home using West Virginia's 0.58% tax rate and $1,400/yr insurance.
5% Down
$2,124/mo
Down: $14,250
Loan: $271K
P&I: $1,711
Tax: $138
Insurance: $117
PMI: $158
10% Down
$2,025/mo
Down: $28,500
Loan: $257K
P&I: $1,621
Tax: $138
Insurance: $117
PMI: $150
20% Down (No PMI)
$1,696/mo
Down: $57,000
Loan: $228K
P&I: $1,441
Tax: $138
Insurance: $117
Income needed (28% rule): $73K/year with 20% down, $87K/year with 10% down.
Rent vs Buy in Bridgeport
Rent
$1,120/mo
vs
Buy (10% down)
$2,025/mo
Price-to-rent ratio: 21.2 — At a ratio above 20, renting may be more economical in Bridgeport for shorter stays. Buying costs $905 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Bridgeport is $285,000, 84% above the West Virginia state median of $155,000. With a population of 9,270, Bridgeport is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in West Virginia average 0.58% annually. This low property tax rate is a significant advantage for Bridgeport buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in West Virginia runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Bridgeport is $1,120/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Bridgeport presents moderate affordability. The $285K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Bridgeport.