The housing median value in 47403 Bloomington, IN is $236,600, which is significantly lower than the US house median value of $338,100. Despite this disparity, the one year appreciation rate for housing in 47403 Bloomington is actually higher than the US average at 12.85%, compared to 8.27%. This suggests that while prices might be lower in this area compared to the nationwide market, they are still rising steadily and may offer an attractive investment opportunity for interested home buyers.
The median home cost in Bloomington (zip 47403) is $236,600. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Bloomington (zip 47403) is up 16.7%.
Average Age of Homes
- The median age of Bloomington (zip 47403) real estate is 29 years old
The Rental Market in Bloomington (zip 47403)
- Renters make up 39.2% of the Bloomington (zip 47403) population
- 1.7% of houses and apartments in Bloomington (zip 47403), 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.