The housing in Bloomfield, IN is a great choice for those looking to buy. The median value of houses in the area is $182,100, which is much lower than the US median value of $338,100. Additionally, many people have chosen to invest in Bloomfield due to its high house appreciation rate of 12.85%, which is well above the national average of 8.27%. With these benefits combined, Bloomfield provides an excellent opportunity for home buyers to get a great deal on a home and make their investment pay off.
The median home cost in Bloomfield is $182,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Bloomfield is up 16.7%.
Average Age of Homes
- The median age of Bloomfield real estate is 58 years old
The Rental Market in Bloomfield
- Renters make up 28.3% of the Bloomfield population
- 1.5% of houses and apartments in Bloomfield, 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.