Housing in Bloomington, MN has a median value of $333,400, which is slightly lower than the national median value of $338,100. In the past year, houses in Bloomington have appreciated by 4.79% - lower than the national average of 8.27%. Despite this difference, housing in Bloomington still remains an attractive market for potential buyers and investors alike due to its attractive location and job opportunities.
The median home cost in Bloomington is $333,400. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Bloomington is up 7.1%.
Average Age of Homes
- The median age of Bloomington real estate is 48 years old
The Rental Market in Bloomington
- Renters make up 29.7% of the Bloomington population
- 1.4% of houses and apartments in Bloomington, 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.