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Foreclosure Homes in Bloomington, IN

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Bloomington, IN Foreclosures

How much do homes sell for in Bloomington, IN?
The average home price is currently $374,747.
In Bloomington, IN, how many homes are available?
There are currently 142 active home listings available in Bloomington.
What’s the average rental cost in Bloomington, IN?
The average rental price in Bloomington is $1,344.
What is the most expensive home in Bloomington?
The most expensive home sold in Bloomington had a price of $41,873,664.
What is currently the cheapest priced home in Bloomington, IN?
The cheapest home for sale in Bloomington is priced at $16,000.

Living in Bloomington, IN

Bloomington, Indiana is a vibrant and culturally rich city, largely influenced by the presence of Indiana University. With a diverse population and a thriving arts scene, the city offers various dining, shopping, and outdoor experiences. Its proximity to nature combined with an engaging urban atmosphere makes it an attractive place to live.

Current Market Conditions in Bloomington, IN

Bloomington's real estate market is currently experiencing stable growth, with a steady demand for housing driven by the university and a growing population of young professionals. The median home price has seen an increase compared to previous years due to limited inventory and high demand, making it an attractive area for investors.

Investors are drawn to Bloomington because of its robust rental market, fueled by the large student population and the influx of new companies establishing their offices in the area. The rental prices have increased, reflecting the overall market trend of housing demand exceeding supply.

Home Value Estimator For Bloomington, IN

There are currently 35,358 real estate properties in Bloomington, IN, with a median automated valuation model (AVM) price of $318,775.00. 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, IN, 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, IN, is $374,747.00, with the most expensive house in Bloomington, IN, topping out at $41,873,664.00 and the cheapest home in Bloomington, IN, clocking in at $16,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Bloomington, IN!

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 $1,344.00. 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 $1,210.00. 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.

Bloomington, IN Foreclosures

Market Trend for Bloomington, IN

Total Listings Available: 142

Market Values:

Home Prices from $16,000 to $41,873,664

Average Sales Price: $374,747

Rental Values:

Rental from $550 to $4,160

Average Rent Value: $1,344 / month

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