The housing in 47401 Bloomington, IN has a median value of $341,300 which is slightly higher than the US house median value of $338,100. In the past year, the US house appreciation rate was 8.27% while the house appreciation rate in 47401 Bloomington, IN was 12.85%. This shows that there is an overall positive trend in home values for this area which makes it an attractive option for potential home buyers looking to invest in this market.
The median home cost in Bloomington (zip 47401) is $341,300. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Bloomington (zip 47401) is up 16.7%.
Average Age of Homes
- The median age of Bloomington (zip 47401) real estate is 33 years old
The Rental Market in Bloomington (zip 47401)
- Renters make up 41.2% of the Bloomington (zip 47401) population
- 2.6% of houses and apartments in Bloomington (zip 47401), 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.