Housing in Bloomington, MN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$350,000

Median List Price

$372,400

Price Per Sq Ft

$185

Days on Market

29

Active Inventory

70

Months of Supply

1.9

Seller's market

Zillow Home Value

$348,305

ZHVI — January 2026

Zillow Rent Index

$1,620

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.0%List Price 0.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

27.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

99.3%

Buyer's market

Sold Above Asking
27.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

37

New Listings

50

Pending Sales

39

Homes Sold 41.3%New Listings 42.5%Pending 54.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$185

Median List $/SF

$206

Sale $/SF 7.0%List $/SF 4.0%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

$346,200

Median Rent

$1,526

Total Housing Units

39,375

Vacancy Rate

4.2%

Owner Occupied

66.2%

Renter Occupied

33.8%

Median Property Tax

$3,736

per year

Monthly Cost (w/ Mortgage)

$1,523

Housing Types

Single Family
63.2%
Multi-Family
36.2%
Mobile Home
0.6%

The current median sale price in Bloomington, MN is $350,000 according to Redfin data. Homes spend a median of 29 days on the market. 27.0% of homes sold above asking price. The market has 1.9 months of supply. The median price per square foot is $185. Zillow's observed rent index is $1,620/month. About 66.2% of housing units are owner-occupied. The median year homes were built is 1971. There are 39,375 total housing units.