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As-is Deals in Bloomington, IL

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Bloomington, IL Foreclosures

Current Market Conditions in in Bloomington, IL As of January 2026?
In the past month, Bloomington's real estate market has experienced an uptick in home sales, with listings selling faster than in previous months. This surge in activity may be attributed to favorable mortgage rates and the area's increasing popularity among new residents. Buyers are becoming more competitive, often making offers above the asking price, which reflects growing confidence in the local market.
How much do homes sell for in Bloomington, IL?
The average home price is currently $309,746.
In Bloomington, IL, how many homes are available?
There are currently 104 active home listings available in Bloomington.
What’s the average rental cost in Bloomington, IL?
The average rental price in Bloomington is $1,559.
What is the most expensive home in Bloomington?
The most expensive home sold in Bloomington had a price of $40,057,056.
What is currently the cheapest priced home in Bloomington, IL?
The cheapest home for sale in Bloomington is priced at $10,041.

Living in Bloomington, IL

Bloomington, Illinois, is a thriving community that offers a perfect blend of urban amenities and small-town charm. The city features expansive parks, recreational facilities, and a bustling downtown area filled with shops and restaurants. With its strong educational presence and community-oriented lifestyle, Bloomington is an attractive location for families and professionals alike.

Buyer vs Seller Market in Bloomington, IL

The real estate market in Bloomington has shown resilience over the past year, characterized by steady demand and moderate price increases. As more families and young professionals move to the area seeking affordable housing and a good quality of life, the competition among buyers is growing. Various homes are available, from historic houses to modern developments, catering to diverse preferences.

Home Value Estimator For Bloomington, IL

There are currently 28,166 real estate properties in Bloomington, IL, with a median automated valuation model (AVM) price of $258,030.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bloomington, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bloomington, IL, is $309,746.00, with the most expensive house in Bloomington, IL, topping out at $40,057,056.00 and the cheapest home in Bloomington, IL, clocking in at $10,041.00. In other words, there’s something for every potential homebuyer or savvy investor in Bloomington, IL!

Rent Prices In Bloomington, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bloomington, IL, is on a rollercoaster ride. The average rent price in Bloomington, IL, is $1,559.00. Indeed, when looking to rent in Bloomington, IL, you can expect to pay as little as $590.00 or as much as $3,700.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Bloomington, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Bloomington, IL As-is Deals

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