Bloomington, IL Home Values & Market Trends
Real estate market trends reflect that there have been 1,440 transactions over the past year in Bloomington. The median value for residential home transactions that occurred over the previous year is $270,785. The number of current listings in Bloomington is 1,185, and the percentage of properties for sale in the city is 1185.00%. Bloomington, IL currently has 57 properties in foreclosure, 2 bank owned properties, 8 properties headed for auction, and 1,185 properties for sale.
Bloomington, IL Real Estate Market Overview
Housing Market Summary for Bloomington, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $252.5K | $257K | 1.78% |
| Median Sold Price | $254.3K | $250.3K | -1.56% |
| Homes For Sale | 597 | 1,149 | 92.46% |
| Homes Sold | 748 | 464 | -37.97% |
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 $22,434 to $2,500,000. The median estimated value of a home in Bloomington is $270,785. The median list price of a home is 259,500, and the total count of properties in the city is 1,846.
- Pre-ForeclosurePre-foreclosure homes account for 2.55% of all residential properties in Bloomington, IL with 61701 containing 28 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 $259,437 in 61705 to the lowest home value of $79,582 in 61701.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bloomington, IL ranges from the highest value of $232,188 in 61704 to the lowest value of $159,779 in 61701. Bank owned homes and properties account for 0.11% of properties in Bloomington, IL. There are 3 zips within Bloomington, IL; 61704 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61701 has 6 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 0.43% 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 $181,653 in 61704 to the lowest value of $123,750 in 61704.
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Guide for Bloomington, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
