Foreclosure Homes in Bloomington, IN 47404

Current Market Conditions in Bloomington, IN

The Bloomington real estate market is currently experiencing steady growth, with home values rising as demand remains robust. This trend is largely propelled by the influx of students and professionals drawn to Indiana University and its associated job opportunities.

The market is characterized by a diverse range of properties available, from historic homes to modern apartments, catering to a wide demographic. There is also an influx of new developments aimed at accommodating the growing population, which is further driving interest and investment in the area.

Rent Prices In Bloomington, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bloomington, IN, is on a rollercoaster ride. The average rent price in Bloomington, IN, is $1,348.00. Indeed, when looking to rent in Bloomington, IN, you can expect to pay as little as $550.00 or as much as $4,160.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Bloomington, IN -- 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.