Land Foreclosures in Bloomington, IL

Current Market Conditions 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.

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.