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  4. /Bloomington Springs, TN - 38545

Bloomington Springs, TN—38545

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$254,000
1.5% YoY Growth
Household Income
$59,400
85.7% YoY Growth
Days on Market
33
10.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$750
N/A
1-Bed Rent
$650
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,800
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Bloomington Springs, TN

As of May '26, the median home price in Bloomington Springs, TN is $254,000, with a year-over-year change of 1.5%. This indicates that home prices in Bloomington Springs, TN are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$254,0001.5%
Single Family $254,0001.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.0%
    1 Bedroom
    1.3%
    2 Bedrooms
    15.0%
    3 Bedrooms
    68.6%
    4 Bedrooms
    5.0%
    5+ Bedrooms
    6.1%

    Rental Trends — Bloomington Springs, TN

    Bloomington Springs, TN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$750$1,070
    Studio Rent N/AN/A
    1 Bed Rent $650$700
    2 Bed Rent N/AN/A
    3 Bed Rent $1,800$1,800
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    5.9%
    2 Bedrooms
    4.7%
    3 Bedrooms
    75.7%
    5+ Bedrooms
    13.6%

    Property Listings — Bloomington Springs, TN

    As of May '26, Realtor.com reports that the median days on market for a home in Bloomington Springs, TN is 33. This is a decrease of -10.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $460,000-15.0%
    Listing Count
    3-17.0%
    Listings as % of Homes0.3%-17.0%
    Days on Market
    33-10.0%
    Loading chart...

    Demographics — Bloomington Springs, TN

    As of the latest ACS Survey released in 2023, Bloomington Springs, TN has a population of 1,540, which has decreased by -4.2% over the past 5 years. Bloomington Springs, TN is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    1,540-4.2%
    % Under 18
    21.5%-17.9%
    % Seniors
    19.2%23.1%
    % WFH
    3.5%-35.2%
    % w/ College Degree
    17.9%77.2%
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    As of the latest ACS Survey released in 2023, Bloomington Springs, TN is a predominantly white area, with 92.6% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Bloomington Springs, TN is black, making up 1.5% of the population. Foreign-born residents account for 0.1% of the population in Bloomington Springs, TN, and this percentage has decreased by 97.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    92.6%1.9%
    % Black
    1.5%-28.6%
    % Hispanic
    0.5%-91.4%
    % Asian
    0.0%N/A
    % Foreign Born
    0.1%-97.6%
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    Mortgage and Risk — Bloomington Springs, TN

    Bloomington Springs, TN lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    Rentals and Section 8 — Bloomington Springs, TN

    Bloomington Springs, TN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    1
    Total Units Section 8
    1
    % Rentals under Section 8
    N/A
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$40$650$690
    2 BedroomN/AN/A$900
    3 Bedroom-$560$1,800$1,240
    4 BedroomN/AN/A$1,430

    Affordability — Bloomington Springs, TN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$254,000
    Median Household Income$59,400

    Bloomington Springs, TN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Granville, TN

    38564

    Baxter, TN

    38544

    Gainesboro, TN

    38562

    Cookeville, TN

    38501

    Buffalo Valley, TN

    38548

    Frequently Asked Questions