The housing market in Bloomington, CA is thriving. The median value of houses in Bloomington is $488,900, which is well above the national median of $338,100. Furthermore, the one-year house appreciation rate for Bloomington is 10.27%, which is higher than the US appreciation rate of 8.27%. This demonstrates that Bloomington has seen a strong level of growth in its housing market over the last year. As a result, investing in real estate in Bloomington makes for an attractive proposition right now.
The median home cost in Bloomington is $488,900. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Bloomington is up 16.6%.
Average Age of Homes
- The median age of Bloomington real estate is 47 years old
The Rental Market in Bloomington
- Renters make up 26.2% of the Bloomington population
- 2.0% 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.