Bloomington Metro Area, IN Housing

The housing market in Bloomington, IN Metro Area is thriving. The median value of homes is $263,800, which is significantly lower than the U.S. median value of $338,100. This makes it a great option for prospective buyers looking to find an affordable home. Additionally, the housing appreciation rate for Bloomington Metro Area over the past year has been 11.20%, which is higher than the national average of 8.27%. This booming housing market means that anyone who invests in a property will have strong potential for appreciation in the future.

The median home cost in Bloomington Metro Area is $263,800. Home appreciation the last 10 years has been 86.8%. Home Appreciation in Bloomington Metro Area is up 16.7%.

Average Age of Homes

- The median age of Bloomington Metro Area real estate is 34 years old

The Rental Market in Bloomington Metro Area

- Renters make up 38.2% of the Bloomington Metro Area population
- 2.1% 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, Indiana	United States
	72,971.0	139,647,020.0
	37	42
	$263,800	$338,100
	16.7%	16.6%
	58.4%	57.0%
	86.8%	101.1%
	$7.22	$10.98
	$1,383	$2,690
	52.1%	57.4%
	10.1%	11.2%
	37.8%	31.4%
Vacant Housing
	2.1%	1.9%
	1.0%	0.4%
	0.7%	0.7%
	0.1%	0.4%
	1.6%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	2.6%	2.4%
	2.4%	2.8%
	3.3%	3.9%
	5.7%	4.5%
	17.0%	11.3%
	18.5%	13.0%
	24.2%	20.1%
	12.5%	13.6%
	4.4%	8.3%
	4.2%	9.7%
	0.9%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	13.9%	13.6%
	13.9%	13.6%
	19.3%	13.6%
	13.1%	13.2%
	14.4%	14.8%
	19.3%	13.6%
	7.4%	10.0%
	2.3%	4.7%
	9.6%	12.2%

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