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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bloomington, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bloomington, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bloomington, MN Housing Market & Real Estate

Strong seller's market+2.3% YoY

Housing market overview · Updated monthly ·

$385,500median sale price

How is the Bloomington, MN housing market right now?

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.)

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

Strong seller's market1.1 months of supply18 avg. days on market

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

What does the Bloomington housing market data show?

Current housing market statistics for Bloomington, MN
MetricValue
Median sale price$385,500
Median list price$398,900
Year-over-year price change+2.3%
Average days on market18 days
Active inventory120 listings
Months of supply1.1 months
Sale-to-list price ratio101.4%
Median price per sq ft$202/sq ft
Homes sold (latest month)107
New listings (latest month)115
Listings with a price cut25.8%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Bloomington by property type?

How the Bloomington, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bloomington, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$426,750$216/sq ft7414 days
Condo / Co-op$244,995$196/sq ft1447 days
Townhouse$313,000$176/sq ft1941 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.

Homes for sale in Bloomington

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.

1 bedroom condo for sale at 5120 W 102nd St Apt 204 Bloomington 55437 - $150,000
New Listing
24
$150,000

5120 W 102nd St Apt 204

Bloomington, MN 55437

1 bd1 ba812 sqft$185/ft²
Condo2.59 acres
View photos & details
2 bedroom condo for sale at 7401 W 101st St Apt 121 Bloomington 55438 - $185,000
New Listing
26
$185,000

7401 W 101st St Apt 121

Bloomington, MN 55438

2 bd1 ba920 sqft$201/ft²
Condo16.89 acres
View photos & details
2 bedroom condo for sale at 8430 Pennsylvania Rd Apt 113 Bloomington 55438 - $284,500
New Listing
84
$284,500

8430 Pennsylvania Rd Apt 113

Bloomington, MN 55438

2 bd2 ba1,440 sqft$198/ft²
Condo
View photos & details
2 bedroom condo for sale at 8549 Irwin Rd Apt 134 Bloomington 55437 - $299,000
New Listing
45
$299,000

8549 Irwin Rd Apt 134

Bloomington, MN 55437

2 bd2 ba1,642 sqft$182/ft²
Condo5.89 acres
View photos & details
3 bedroom townhouse for sale at 11065 Oregon Curv Bloomington 55438 - $310,000
New Listing
12
$310,000

11065 Oregon Curv

Bloomington, MN 55438

3 bd3 ba1,509 sqft$205/ft²
Townhouse2,178 sqft lot
View photos & details
4 bedroom house for sale at 9107 12th Ave S Bloomington 55425 - $315,000
New Listing
51
$315,000

9107 12th Ave S

Bloomington, MN 55425

4 bd2 ba2,041 sqft$154/ft²
House11,326 sqft lot
View photos & details
3 bedroom townhouse for sale at 11137 Trail West Rd Bloomington 55437 - $330,000
New Listing
24
$330,000

11137 Trail West Rd

Bloomington, MN 55437

3 bd2 ba1,951 sqft$169/ft²
Townhouse2,614 sqft lot

Zara Guevara · Coldwell Banker Realty - Southwest Regional

View photos & details
4 bedroom house for sale at 9917 Pillsbury Ave S Bloomington 55420 - $359,900
New Listing
88
$359,900

9917 Pillsbury Ave S

Bloomington, MN 55420

4 bd2 ba1,817 sqft$198/ft²
House7,405 sqft lot

Joseph Mueller · RE MAX Results

View photos & details
3 bedroom house for sale at 9608 Toledo Rd Bloomington 55437 - $439,900
New Listing
24
$439,900

9608 Toledo Rd

Bloomington, MN 55437

3 bd2 ba1,734 sqft$254/ft²
House12,197 sqft lot
View photos & details
5 bedroom house for sale at 10732 James Cir Bloomington 55431 - $515,000
New Listing
2
$515,000

10732 James Cir

Bloomington, MN 55431

5 bd3 ba2,538 sqft$203/ft²
House25,265 sqft lot
View photos & details
4 bedroom house for sale at 3709 W 104th St Bloomington 55431 - $565,000
New Listing
50
$565,000

3709 W 104th St

Bloomington, MN 55431

4 bd3 ba2,550 sqft$222/ft²
House19,602 sqft lot
View photos & details
4 bedroom house for sale at 7307 Bush Lake Dr Bloomington 55438 - $725,000
New Listing
52
$725,000

7307 Bush Lake Dr

Bloomington, MN 55438

4 bd3 ba3,437 sqft$211/ft²
House12,632 sqft lot
View photos & details

Looking to buy in Bloomington?

Get connected with a local real estate expert — free, no obligation.

Active listings

120

Homes on market

Median list price

$399K

Avg. days on market

18

Days until sale

New this week

115

Newly listed

Price drops:25.8%of listings
Sale-to-list:101.4%

Who lives in Bloomington?

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

What are homes worth in Bloomington?

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

What is it like to live in Bloomington?

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.

Which public schools serve Bloomington?

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

Public

KENNEDY SENIOR HIGH

Grades 9-12 · 1,610 students

Public

OLSON MIDDLE

Grades 6-8 · 779 students

Public

OAK GROVE MIDDLE

Grades 6-8 · 661 students

Public

VALLEY VIEW MIDDLE

Grades 6-8 · 622 students

Public

BLUESKY CHARTER SCHOOL

Grades 6-12 · 613 students

Charter

Seven Hills -Bloomington Elementary

Grades K-5 · 542 students

Charter

VALLEY VIEW ELEMENTARY

Grades PK-5 · 529 students

Public

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, MN?

Want a head-to-head view? Compare Bloomington side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Bloomington?

Is Bloomington a good real estate investment market?

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.

Frequently asked questions

What is the average home price in Bloomington?

The median home sale price in Bloomington is $385,500, up 2.3% from last year.

How long do homes stay on market in Bloomington?

Homes typically spend 18 days on market before going under contract.

What is the median income in Bloomington?

The median household income is $90,677 per year.

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

With 1.1 months of supply, Bloomington is currently a strong seller's market.

How many homes are for sale in Bloomington?

There are currently 120 homes listed for sale in Bloomington, MN.

What is the Zillow home value estimate for Bloomington?

The Zillow Home Value Index (ZHVI) for Bloomington is $370,580, 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, MN is $244,995, compared to $426,750 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, MN is $426,750 (about $216 per square foot).

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