61704 Home Values & Market Trends

There are 68 homes currently listed for 61704. 61704 real estate market trends show that home prices range from $35,000 to $799,900, and the median sales price in the 61704 zip code is $286,471.36. The total number of properties sold within the past twelve months is 536. In 61704, 24 properties are in foreclosure, 3 are bank owned properties,and 1 are headed for auction.

61704 Real Estate Market Overview

CityMedian Est. Value
Bloomington

$ 227,836

$ 93/sqft

Housing Market Summary for 61704

Apr 2023March 2024Change
Median Listing Price$199.9K$292.9K46.53%
Median Sold Price$270K$292.9K8.48%
Homes For Sale7162-12.68%
Homes Sold309293-5.18%
Price
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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%.

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Browse Homes in 61704

The median list price of a home in Bloomington, is $286,471.36. A total of 68 properties are for sale, and the percentage of properties for sale in the zip code is 68.00%. The total count of 61704 properties is 10,746.

Foreclosure
There is 1 cities within 61704; within this cities, the median estimated home value for homes in foreclosure ranges from $758,169 in bloomington to the lowest value of $59,208 in bloomington. Foreclosure homes account for 0.00% of properties in 61704 with bloomington containing 71 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.19% of all residential properties in 61704 with bloomington containing 58 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61704; of that cities, the estimated home value for pre-foreclosure homes ranges from $674,243 in bloomington to the lowest home value of $59,208 in bloomington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61704 ranges from the highest value of $241,821 in bloomington to the lowest value of $64,486 in bloomington. Bank owned homes and properties account for 0.03% of properties in 61704. There is 1 cities within 61704; bloomington containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    bloomington has 8 auction properties, the highest number of properties going to auction in a single city in the state of 61704. Auction homes and other auction properties account for 0.01% of all properties in 61704. There is 1 cities within 61704; of that cities, the median estimated home value for homes going to auction ranges from $758,169 in bloomington to the lowest value of $78,840 in bloomington.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.63% of residential properties in 61704 with bloomington containing 144 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61704; homes for sale in that cities, have a range of median values from $953,093 in bloomington to the lowest value of $39,634 in bloomington.
    Sold Homes
    The median value for recently sold homes ranges from $1,635,622 in bloomington to the lowest price of $20,016 in bloomington. There is 1 cities within 61704. bloomington has 827 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.81% of properties in 61704.

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      Guide for 61704

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes 61704

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