Housing in Bloomington, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$229,000

Median List Price

$219,900

Price Per Sq Ft

$118

Days on Market

58

Active Inventory

164

Months of Supply

3.3

Seller's market

Zillow Home Value

$254,577

ZHVI — January 2026

Zillow Rent Index

$1,307

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 14.4%List Price 9.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

26.0%

Off Market in 2 Weeks

51.6%

Sale-to-List Ratio

98.4%

Buyer's market

Sold Above Asking
26.0%
Under Contract in 2 Wks
51.6%
Listings with Price Drops
20.7%

Market Activity

Source: Redfin

Homes Sold

50

New Listings

72

Pending Sales

64

Homes Sold 24.2%New Listings 30.1%Pending 48.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$118

Median List $/SF

$120

Sale $/SF 2.6%List $/SF 7.1%Mar 24Jan 26

Bloomington vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Bloomington is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$198,800

Median Rent

$1,004

Total Housing Units

37,013

Vacancy Rate

7.5%

Owner Occupied

61.6%

Renter Occupied

38.4%

Median Property Tax

$4,429

per year

Monthly Cost (w/ Mortgage)

$1,227

Housing Types

Single Family
60.6%
Multi-Family
34.6%
Mobile Home
4.8%

The current median sale price in Bloomington, IL is $229,000 according to Redfin data. Homes spend a median of 58 days on the market. 26.0% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $118. Zillow's observed rent index is $1,307/month. About 61.6% of housing units are owner-occupied. The median year homes were built is 1982. There are 37,013 total housing units.