Bloomington, IN
Housing market overview · Updated weekly
$285,000median sale price
Homes sold
30
Last 12 weeks
Days on market
78
Average pace
Active listings
216
7.2 months supply
Sale-to-list
96.2%
Below asking
The Bloomington housing market is currently classified as a buyer's market with a median sale price of $285,000. Prices have fallen 3.1% compared to last year, with homes spending an average of 78 days on market, indicating 7.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Bloomington?
The median home sale price in Bloomington is $285,000, down 3.1% 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 7.2 months of supply, Bloomington is currently a buyer's market.
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