Bloomfield, IA52537

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$233,000
4.0% YoY Growth
Median Household Income
$82,700
38.3% 5-Year Growth
Days on Market
40
24.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$700
0.0% YoY Growth
1-Bed Rent
$650
15.0% YoY Growth
2-Bed Rent
$750
9.0% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Bloomfield, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Bloomfield, IA is 40. This is a decrease of -24.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$252,000-3.0%
Listing Count
28-6.0%
Listings as % of Homes0.6%-6.0%
Days on Market
40-24.0%
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Demographics — Bloomfield, IA

As of the latest ACS Survey released in 2023, Bloomfield, IA has a population of 7,010, which has decreased by -3.5% over the past 5 years. Bloomfield, IA is a popular place for families, as children make up 29.1% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
7,010-3.5%
% Under 18
29.1%2.1%
% Seniors
18.0%2.3%
% WFH
10.6%96.3%
% w/ College Degree
16.2%-27.0%
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As of the latest ACS Survey released in 2023, Bloomfield, IA is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Bloomfield, IA is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.7% of the population in Bloomfield, IA, and this percentage has increased by 142.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.9%-3.3%
% Black
0.0%-100.0%
% Hispanic
2.3%91.7%
% Asian
0.0%-100.0%
% Foreign Born
1.7%142.9%
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Mortgage and Risk — Bloomfield, IA

According to HUD data as of 2023, there were 90 mortgage originations in Bloomfield, IA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Bloomfield, IA. Investor activity is low, as 1.0% of loans were by investors. 27.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
90
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
27.0%

Loan Activity

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Rentals and Section 8 — Bloomfield, IA

Bloomfield, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
25
Total Units Section 8
9
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$100$650$750
2 Bedroom$240$750$990
3 BedroomN/AN/A$1,190
4 BedroomN/AN/A$1,360

Affordability — Bloomfield, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$233,000
Median Household Income$82,700

Bloomfield, IA — ZIP Code Boundary Map

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Frequently Asked Questions