Bloomington—77951
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bloomington
As of Oct '25, the median home price in Bloomington is $111,000, with a year-over-year change of -2.5%. This indicates that home prices in Bloomington are decreasing. According to Zillow, the 1-year price projection is -2.0%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $111,000 | -2.5% |
| Single Family | $111,000 | -1.8% |
| 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 | $131,000 | -0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bloomington
Bloomington 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
As of Oct '25, Realtor.com reports that the median days on market for a home in Bloomington is 88. This is a decrease of -44.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $151,000 | -12.0% |
Listing Count | 7 | 275.0% |
| Listings as % of Homes | 0.2% | 275.0% |
Days on Market | 88 | -44.0% |
Demographics — Bloomington
As of the latest ACS Survey released in 2023, Bloomington has a population of 1,440, which has decreased by -23.3% over the past 5 years. Bloomington is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 3.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,440 | -23.3% |
% Under 18 | 28.2% | 44.6% |
% Seniors | 18.7% | 1.6% |
% WFH | 9.5% | ∞% |
% w/ College Degree | 3.6% | -21.7% |
As of the latest ACS Survey released in 2023, Bloomington is a predominantly hispanic area, with 74.3% of the population identifying as hispanic. The hispanic population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Bloomington is white, making up 14.4% of the population. Foreign-born residents account for 14.1% of the population in Bloomington, and this percentage has increased by 36.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 14.4% | -11.1% |
% Black | 11.3% | -8.9% |
% Hispanic | 74.3% | 4.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 14.1% | 36.9% |
Mortgage and Risk — Bloomington
According to HUD data as of 2023, there were 29 mortgage originations in Bloomington, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Bloomington. Investor activity is low, as 7.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 29 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Bloomington
Bloomington 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 | $1,100 |
| 2 Bedroom | N/A | N/A | $1,390 |
| 3 Bedroom | N/A | N/A | $1,690 |
| 4 Bedroom | N/A | N/A | $1,850 |
Affordability — Bloomington
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $111,000 |
| Median Household Income | $37,100 |