Bloomington, IL Housing Market & Real Estate

Balanced market-5.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Bloomington, IL is $206,000, down 5.8% year-over-year. Homes sell in an average of 78 days with 156 active listings. The market is currently a balanced market.

$206,000median sale price

Is Bloomington a buyer's or seller's market?

Balanced market2.9 months of supply78 avg. days on market

Bloomington, IL is currently a balanced market, based on 2.9 months of supply and homes selling in about 78 days. How we determine this →

Homes sold

53

Last 12 weeks

Days on market

78

Average pace

Active listings

156

2.9 months supply

Sale-to-list

96.4%

Below asking

Bloomington, IL market data

Current housing market statistics for Bloomington, IL
MetricValue
Median sale price$206,000
Median list price$325,000
Year-over-year price change-5.8%
Average days on market78 days
Active inventory156 listings
Months of supply2.9 months
Sale-to-list price ratio96.4%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Bloomington housing market is currently classified as a balanced market with a median sale price of $206,000. Prices have fallen 5.8% compared to last year, with homes spending an average of 78 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Bloomington

There are currently 156 homes listed for sale in Bloomington, Illinois. The median listing price is $325K.

Active listings

156

Homes on market

Median list price

$325K

Avg. days on market

78

Days until sale

New this week

60

Newly listed

Price drops:18.6%of listings
Sale-to-list:96.4%

Top public schools in 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

Public

Bloomington Jr High School

Grades 6-8 · 997 students

Public

Evans Junior High School

Grades 6-8 · 776 students

Public

Benjamin Elem School

Grades K-5 · 629 students

Public

Northpoint Elementary School

Grades K-5 · 465 students

Public

Oakland Elementary School

Grades K-5 · 428 students

Public

Cedar Ridge Elem School

Grades K-5 · 386 students

Public

Bent Elem School

Grades K-5 · 370 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Bloomington?

The median home sale price in Bloomington is $206,000, down 5.8% from last year.

How long do homes stay on market in Bloomington?

Homes typically spend 78 days on market before going under contract.

Is Bloomington a buyer's or seller's market?

With 2.9 months of supply, Bloomington is currently a balanced market.

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