
5120 W 102nd St Apt 204
Bloomington, MN 55437
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Compass Real Estate · Bloomington, MN
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Housing market overview · Updated monthly ·
$385,500median sale price
The median home sale price in Bloomington, MN is $385,500, up 2.3% year-over-year. Homes sell in an average of 18 days with 120 active listings. The market is currently a strong 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.)
Bloomington, MN is currently a strong seller's market, based on 1.1 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
107
Last 12 weeks
Days on market
18
Fast-moving
Active listings
120
1.1 months supply
Sale-to-list
101.4%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $385,500 |
| Median list price | $398,900 |
| Year-over-year price change | +2.3% |
| Average days on market | 18 days |
| Active inventory | 120 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 101.4% |
| Median price per sq ft | $202/sq ft |
| Homes sold (latest month) | 107 |
| New listings (latest month) | 115 |
| Listings with a price cut | 25.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How the Bloomington, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $426,750 | $216/sq ft | 74 | 14 days |
| Condo / Co-op | $244,995 | $196/sq ft | 14 | 47 days |
| Townhouse | $313,000 | $176/sq ft | 19 | 41 days |
Source: Redfin · Updated monthly
The Bloomington housing market is currently classified as a strong seller's market with a median sale price of $385,500. Prices have risen 2.3% compared to last year, with homes spending an average of 18 days on market, indicating 1.1 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 4.1x provides context for how home values compare to local earning capacity.
There are currently 120 homes listed for sale in Bloomington, Minnesota. The median listing price is $399K. Featured listings range from $150,000 to $725,000.

Bloomington, MN 55437

Bloomington, MN 55438

Bloomington, MN 55438

Bloomington, MN 55437

Bloomington, MN 55438

Bloomington, MN 55425

Bloomington, MN 55437
Zara Guevara · Coldwell Banker Realty - Southwest Regional

Bloomington, MN 55420
Joseph Mueller · RE MAX Results

Bloomington, MN 55437

Bloomington, MN 55431

Bloomington, MN 55431

Bloomington, MN 55438
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Active listings
120
Homes on market
Median list price
$399K
Avg. days on market
18
Days until sale
New this week
115
Newly listed
Population
88,838
Median income
$90,677/yr
Median age
40.8 years
Owner-occupied
66.2%
College grads
45.3%
Avg commute
20.9 min
Source: U.S. Census Bureau ACS
Zillow home value
$370,580
Zillow rent index
$1,684/mo
Price-to-rent ratio
18.3x
Price-to-income
4.1x
Source: Zillow Research
Bloomington is a community of approximately 89K residents with a median age of 40.8 years.The median household income is $90,677, which reflects a relatively affluent area with strong earning potential. 45.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 66.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.9 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.
27 schools tracked · 11,626 students
The largest public schools serving Bloomington, MN 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.
JEFFERSON SENIOR HIGH
Grades 9-12 · 1,685 students
KENNEDY SENIOR HIGH
Grades 9-12 · 1,610 students
OLSON MIDDLE
Grades 6-8 · 779 students
OAK GROVE MIDDLE
Grades 6-8 · 661 students
VALLEY VIEW MIDDLE
Grades 6-8 · 622 students
BLUESKY CHARTER SCHOOL
Grades 6-12 · 613 students
Seven Hills -Bloomington Elementary
Grades K-5 · 542 students
VALLEY VIEW ELEMENTARY
Grades PK-5 · 529 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Bloomington side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Bloomington, the price-to-rent ratio of 18.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.3% 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.
The median home sale price in Bloomington is $385,500, up 2.3% from last year.
Homes typically spend 18 days on market before going under contract.
The median household income is $90,677 per year.
With 1.1 months of supply, Bloomington is currently a strong seller's market.
There are currently 120 homes listed for sale in Bloomington, MN.
The Zillow Home Value Index (ZHVI) for Bloomington is $370,580, representing the typical home value in the area.
The median condo/co-op sale price in Bloomington, MN is $244,995, compared to $426,750 for a single-family home, based on the latest Redfin data.
The median single-family home price in Bloomington, MN is $426,750 (about $216 per square foot).
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