Bloomington, IL Home Values & Market Trends
Real estate market trends reflect that there have been 1,469 transactions over the past year in Bloomington. The median value for residential home transactions that occurred over the previous year is $228,925.35. The number of current listings in Bloomington is 144, and the percentage of properties for sale in the city is 144.00%. Bloomington, IL currently has 64 properties in foreclosure, 4 bank owned properties, 9 properties headed for auction, and 144 properties for sale.
Bloomington, IL Real Estate Market Overview
Housing Market Summary for Bloomington, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $174.4K | $209.3K | 19.96% |
| Median Sold Price | $192.9K | $209.3K | 8.50% |
| Homes For Sale | 152 | 129 | -15.13% |
| Homes Sold | 804 | 810 | 0.75% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Bloomington, IL
Browse Homes in Bloomington, IL
Bloomington home values range from $20,016 to $17,556,082. The median estimated value of a home in Bloomington is $228,925.35. The median list price of a home is 184,500, and the total count of properties in the city is 26,253.
- Pre-ForeclosurePre-foreclosure homes account for 0.19% of all residential properties in Bloomington, IL with 61701 containing 30 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Bloomington, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $295,513 in 61705 to the lowest home value of $59,208 in 61701.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bloomington, IL ranges from the highest value of $241,821 in 61701 to the lowest value of $64,486 in 61704. Bank owned homes and properties account for 0.02% of properties in Bloomington, IL. There are 3 zips within Bloomington, IL; 61704 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61701 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Bloomington, IL. Auction homes and other auction properties account for 0.03% of all properties in Bloomington, IL. There are 3 zips within Bloomington, IL; of those zips, the median estimated home value for homes going to auction ranges from $189,004 in 61704 to the lowest value of $78,840 in 61704.
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