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Foreclosure Homes in Bloomington, IL

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Bloomington, IL Foreclosures

Current Market Conditions in in Bloomington, IL As of April 2026?
Over the past month, Bloomington's real estate market has exhibited slight fluctuations, but overall, the demand for homes has remained robust. Inventory levels have remained stable, ensuring buyers have options while keeping prices competitive. Recent sales indicate a healthy level of activity, although potential homeowners should be prepared for a fast-moving market.
How much do homes sell for in Bloomington, IL?
The average home price is currently $309,283.
In Bloomington, IL, how many homes are available?
There are currently 330 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 $39,481,444.
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, IL is a dynamic city located in McLean County, known for its thriving local economy, excellent schools, and diverse recreational opportunities. The city balances suburban tranquility with urban conveniences, making it an attractive place to live and work. With a variety of parks, arts, and culture, Bloomington has something for everyone.

Buyer vs Seller Market in Bloomington, IL

The real estate market in Bloomington has been steadily improving, with a growing demand for homes driven by an influx of new residents and a stable economy. Average home prices have seen a moderate increase, though the market remains affordable compared to major metropolitan areas.

Home Value Estimator For Bloomington, IL

There are currently 28,178 real estate properties in Bloomington, IL, with a median automated valuation model (AVM) price of $256,732.00. 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 $309,283.00, with the most expensive house in Bloomington, IL, topping out at $39,481,444.00 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 Foreclosures

Market Trend for Bloomington, IL

Total Listings Available: 330

Market Values:

Home Prices from $10,041 to $39,481,444

Average Sales Price: $309,283

Rental Values:

Rental from $590 to $3,700

Average Rent Value: $1,559 / month

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