Bloomington, CA Home Values & Market Trends
Real estate market trends reflect that there have been 205 transactions over the past year in Bloomington. The median value for residential home transactions that occurred over the previous year is $549,141.63. The number of current listings in Bloomington is 21, and the percentage of properties for sale in the city is 21.00%. Bloomington, CA currently has 17 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 21 properties for sale.
Bloomington, CA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
92316 | $ 604,000 $ 412/sqft |
Housing Market Summary for Bloomington, CA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $542K | $538.5K | -0.64% |
Median Sold Price | $511K | $538.5K | 5.38% |
Homes For Sale | 14 | 19 | 35.71% |
Homes Sold | 155 | 175 | 12.90% |
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, CA
Browse Homes in Bloomington, CA
Bloomington home values range from $71,386 to $3,885,500. The median estimated value of a home in Bloomington is $549,141.63. The median list price of a home is 615,000, and the total count of properties in the city is 6,543.
- Pre-ForeclosurePre-foreclosure homes account for 0.20% of all residential properties in Bloomington, CA with 92316 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bloomington, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,118,000 in 92316 to the lowest home value of $400,998 in 92316.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bloomington, CA ranges from the highest value of $507,300 in 92316 to the lowest value of $507,300 in 92316. Bank owned homes and properties account for 0.02% of properties in Bloomington, CA. There is 1 zips within Bloomington, CA; 92316 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92316 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Bloomington, CA. Auction homes and other auction properties account for 0.05% of all properties in Bloomington, CA. There is 1 zips within Bloomington, CA; of that zips, the median estimated home value for homes going to auction ranges from $827,500 in 92316 to the lowest value of $447,400 in 92316.
Compare Nearby Cities
More Real Estate Resources for Bloomington, CA
Guide for Bloomington, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.
Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.
Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.