The housing median value in 47404 Bloomington, IN is $276,200. Compared to the US House Median Value of $338,100, it is slightly lower. However, the house appreciation in 47404 Bloomington, IN has been more than the US 1 year appreciation rate of 8.27%, with a rate of 12.85%. This suggests that housing in this area may be increasing in value faster than most other parts of the country. Therefore, investing in real estate here could potentially provide a larger return on investment over time.
The median home cost in Bloomington (zip 47404) is $276,200. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Bloomington (zip 47404) is up 16.7%.
Average Age of Homes
- The median age of Bloomington (zip 47404) real estate is 34 years old
The Rental Market in Bloomington (zip 47404)
- Renters make up 40.2% of the Bloomington (zip 47404) population
- 2.7% of houses and apartments in Bloomington (zip 47404), 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.