Brokers — List your Company Here
Featured local agent — Bloomington, IL
Sarah Mitchell
Compass Real Estate · Bloomington, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Bloomington, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$281,745median sale price
How is the Bloomington, IL housing market right now?
The median home sale price in Bloomington, IL is $281,745, up 3.4% year-over-year. Homes sell in an average of 44 days with 193 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bloomington a buyer's or seller's market?
Bloomington, IL is currently a seller's market, based on 1.7 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
112
Last 12 weeks
Days on market
44
Average pace
Active listings
193
1.7 months supply
Sale-to-list
99.0%
Below asking
What does the Bloomington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $281,745 |
| Median list price | $264,500 |
| Year-over-year price change | +3.4% |
| Average days on market | 44 days |
| Active inventory | 193 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $125/sq ft |
| Homes sold (latest month) | 112 |
| New listings (latest month) | 120 |
| Listings with a price cut | 14.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Bloomington by property type?
How the Bloomington, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $310,000 | $123/sq ft | 83 | 43 days |
| Condo / Co-op | $186,500 | $133/sq ft | 8 | 45 days |
| Townhouse | $256,250 | $130/sq ft | 14 | 48 days |
Source: Redfin · Updated monthly
The Bloomington housing market is currently classified as a seller's market with a median sale price of $281,745. Prices have risen 3.4% compared to last year, with homes spending an average of 44 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Bloomington
There are currently 193 homes listed for sale in Bloomington, Illinois. The median listing price is $265K.
Active listings
193
Homes on market
Median list price
$265K
Avg. days on market
44
Days until sale
New this week
120
Newly listed
Who lives in Bloomington?
Population
78,703
Median income
$75,449/yr
Median age
36 years
Owner-occupied
61.6%
College grads
48.9%
Avg commute
16.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Bloomington?
Zillow home value
$271,396
Zillow rent index
$1,368/mo
Price-to-rent ratio
16.5x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Bloomington?
Bloomington is a community of approximately 79K residents with a median age of 36 years.The median household income is $75,449, which reflects a relatively affluent area with strong earning potential. 48.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.6%, showing a blend of owner and renter-occupied properties. The average commute time is 16.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bloomington offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Bloomington?
19 schools tracked · 7,917 students
The largest public schools serving Bloomington, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Bloomington High School
Grades 9-12 · 1,395 students
Bloomington Jr High School
Grades 6-8 · 997 students
Evans Junior High School
Grades 6-8 · 776 students
Benjamin Elem School
Grades K-5 · 629 students
Northpoint Elementary School
Grades K-5 · 465 students
Oakland Elementary School
Grades K-5 · 428 students
Cedar Ridge Elem School
Grades K-5 · 386 students
Bent Elem School
Grades K-5 · 370 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bloomington, IL?
Want a head-to-head view? Compare Bloomington side-by-side with any other U.S. city using our market-comparison tool.
Is Bloomington a good real estate investment market?
For investors evaluating Bloomington, the price-to-rent ratio of 16.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bloomington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bloomington's median home price.
Frequently asked questions
What is the average home price in Bloomington?
The median home sale price in Bloomington is $281,745, up 3.4% from last year.
How long do homes stay on market in Bloomington?
Homes typically spend 44 days on market before going under contract.
What is the median income in Bloomington?
The median household income is $75,449 per year.
Is Bloomington a buyer's or seller's market?
With 1.7 months of supply, Bloomington is currently a seller's market.
What is the Zillow home value estimate for Bloomington?
The Zillow Home Value Index (ZHVI) for Bloomington is $271,396, representing the typical home value in the area.
What is the median condo price in Bloomington?
The median condo/co-op sale price in Bloomington, IL is $186,500, compared to $310,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Bloomington?
The median single-family home price in Bloomington, IL is $310,000 (about $123 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Bloomington, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Bloomington market alerts
Weekly updates on prices, inventory, and trends. Free forever.