Bloomington Metro Area, IL Housing

The housing market in Bloomington, IL Metro Area is very healthy. The median value of a house in the area is $207,300, which is considerably lower than the US median of $338,100. In the last year alone, there has been a significant appreciation of 14.21%, far surpassing the US average of 8.27%. This indicates that investing in real estate in this area holds strong potential for returns and shows a great degree of economic stability.

The median home cost in Bloomington Metro Area is $207,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Bloomington Metro Area is up 16.3%.

Average Age of Homes

- The median age of Bloomington Metro Area real estate is 40 years old

The Rental Market in Bloomington Metro Area

- Renters make up 29.6% of the Bloomington Metro Area population
- 3.2% of houses and apartments in Bloomington Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bloomington, Illinois	United States
	74,487.0	139,647,020.0
	42	42
	$207,300	$338,100
	16.3%	16.6%
	36.2%	57.0%
	40.7%	101.1%
	$23.94	$10.98
	$4,073	$2,690
	59.1%	57.4%
	8.8%	11.2%
	32.1%	31.4%
Vacant Housing
	3.2%	1.9%
	1.8%	0.4%
	1.0%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	1.7%	2.4%
	2.1%	2.8%
	3.9%	3.9%
	6.4%	4.5%
	21.5%	11.3%
	24.3%	13.0%
	23.2%	20.1%
	8.5%	13.6%
	3.0%	8.3%
	1.7%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	14.9%	13.6%
	14.9%	13.6%
	17.7%	13.6%
	10.4%	13.2%
	16.9%	14.8%
	17.7%	13.6%
	6.8%	10.0%
	4.2%	4.7%
	13.9%	12.2%

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