Bloomington, IN Home Values & Market Trends
Real estate market trends reflect that there have been 2,787 transactions over the past year in Bloomington. The median value for residential home transactions that occurred over the previous year is $291,694.68. The number of current listings in Bloomington is 275, and the percentage of properties for sale in the city is 275.00%. Bloomington, IN currently has 43 properties in foreclosure, 4 bank owned properties, 6 properties headed for auction, and 275 properties for sale.
Bloomington, IN Real Estate Market Overview
Housing Market Summary for Bloomington, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $339.9K | $231.7K | -31.84% |
| Median Sold Price | $279.9K | $231.7K | -17.24% |
| Homes For Sale | 290 | 259 | -10.69% |
| Homes Sold | 932 | 889 | -4.61% |
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, IN
Browse Homes in Bloomington, IN
Bloomington home values range from $22,781 to $39,366,245. The median estimated value of a home in Bloomington is $291,694.68. The median list price of a home is 399,000, and the total count of properties in the city is 34,856.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in Bloomington, IN with 47403 containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Bloomington, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $369,223 in 47408 to the lowest home value of $100,101 in 47401.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bloomington, IN ranges from the highest value of $267,500 in 47401 to the lowest value of $142,785 in 47404. Bank owned homes and properties account for 0.01% of properties in Bloomington, IN. There are 6 zips within Bloomington, IN; 47404 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions47408 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Bloomington, IN. Auction homes and other auction properties account for 0.02% of all properties in Bloomington, IN. There are 6 zips within Bloomington, IN; of those zips, the median estimated home value for homes going to auction ranges from $265,000 in 47404 to the lowest value of $114,491 in 47404.
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More Real Estate Resources for Bloomington, IN
Guide for Bloomington, IN
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
