Housing in 61705 Bloomington, IL is a great option for those looking to move to the area. The median value of a house in 61705 is $311,200, which is significantly lower than the US median of $338,100. However, 61705 has seen an impressive 14.21% appreciation in housing values over the last year compared to the national rate of 8.27%. This indicates that investing in housing in 61705 may be a wise decision as it has handled recent market trends better than other parts of the country.
The median home cost in Bloomington (zip 61705) is $311,200. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Bloomington (zip 61705) is up 16.3%.
Average Age of Homes
- The median age of Bloomington (zip 61705) real estate is 20 years old
The Rental Market in Bloomington (zip 61705)
- Renters make up 17.8% of the Bloomington (zip 61705) population
- 2.4% of houses and apartments in Bloomington (zip 61705), 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.