Bloomington, IL—61776
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bloomington, IL
As of Oct '25, the median home price in Bloomington, IL is $269,000, with a year-over-year change of 7.8%. This indicates that home prices in Bloomington, IL are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | 7.8% |
| Single Family | $270,000 | 7.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bloomington, IL
Bloomington, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bloomington, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Bloomington, IL is 55. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $418,000 | -7.0% |
Listing Count | 3 | 57.0% |
| Listings as % of Homes | N/A | 57.0% |
Days on Market | 55 | 14.0% |
Demographics — Bloomington, IL
As of the latest ACS Survey released in 2023, Bloomington, IL has a population of 1,210, which has decreased by -10.4% over the past 5 years. Bloomington, IL is a moderately popular place for families, as children make up 20.6% of the population. The area has a highly educated workforce, with 49.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,210 | -10.4% |
% Under 18 | 20.6% | 1.5% |
% Seniors | 18.9% | -2.6% |
% WFH | 9.6% | 317.4% |
% w/ College Degree | 49.3% | 47.2% |
As of the latest ACS Survey released in 2023, Bloomington, IL is a predominantly white area, with 95.8% 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 Bloomington, IL is black, making up 2.2% of the population. Foreign-born residents account for 0.0% of the population in Bloomington, IL, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.8% | -3.3% |
% Black | 2.2% | 2,100.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Bloomington, IL
Bloomington, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Bloomington, IL
Bloomington, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,240 |
| 3 Bedroom | N/A | N/A | $1,720 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Bloomington, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $269,000 |
| Median Household Income | $111,000 |