Zip 61704 (Bloomington, IL) Housing


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The median value of housing in Bloomington, IL (zip code 61704) is $254,500, which is significantly lower than the national median of $338,100. In addition to being more affordable than the US average, homes in Bloomington also appreciate at a higher rate than the nation as a whole. The US home appreciation rate over the last year has been 8.27%, while homes in Bloomington have appreciated at 14.21%. This indicates that investing in housing here can be a sound financial decision, and may give homeowners a larger return on their investment over time.

The median home cost in Bloomington (zip 61704) is $254,500. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Bloomington (zip 61704) is up 16.3%.

Average Age of Homes
- The median age of Bloomington (zip 61704) real estate is 26 years old
The Rental Market in Bloomington (zip 61704)
- Renters make up 27.0% of the Bloomington (zip 61704) population
- 3.4% of houses and apartments in Bloomington (zip 61704), 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

  HousingBloomington, IllinoisUnited States
  15,930.0139,647,020.0
  2942
  $254,500$338,100
  16.3%16.6%
  36.2%57.0%
  40.7%101.1%
  $24.11$10.98
  $4,920$2,690
  62.0%57.4%
  5.5%11.2%
  32.4%31.4%
  Vacant Housing
  3.4%1.9%
  0.9%0.4%
  0.5%0.7%
  0.0%0.4%
  0.1%3.6%
  0.7%4.1%
  Value of Owner-Occupied Housing
  4.7%2.6%
  1.4%2.4%
  3.4%2.8%
  0.5%3.9%
  1.1%4.5%
  12.4%11.3%
  24.9%13.0%
  34.6%20.1%
  10.7%13.6%
  2.7%8.3%
  3.0%9.7%
  0.6%3.9%
  0.0%2.2%
  0.1%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  23.9%13.6%
  23.9%13.6%
  25.6%13.6%
  16.8%13.2%
  19.3%14.8%
  25.6%13.6%
  1.7%10.0%
  0.8%4.7%
  0.9%12.2%
Commute

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