Bloomington, IN—47406
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bloomington, IN
Bloomington, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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, IN
Bloomington, IN 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, IN
Bloomington, IN lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Bloomington, IN
As of the latest ACS Survey released in 2023, Bloomington, IN has a population of 8,360, which has increased by 120.7% over the past 5 years. Bloomington, IN is a less popular place for families, as children make up 0.6% of the population. The area has a highly educated workforce, with 59.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,360 | 120.7% |
% Under 18 | 0.6% | -25.0% |
% Seniors | 0.0% | N/A |
% WFH | 17.3% | 33.1% |
% w/ College Degree | 59.6% | 2.6% |
As of the latest ACS Survey released in 2023, Bloomington, IN is a predominantly white area, with 75.4% of the population identifying as white. The white population has shrunk by 12.4% in the last 5 years. The second most common race or ethnicity in Bloomington, IN is asian, making up 12.6% of the population. Foreign-born residents account for 8.3% of the population in Bloomington, IN, and this percentage has increased by 124.3% 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 | 75.4% | -12.4% |
% Black | 2.9% | 141.7% |
% Hispanic | 6.0% | 30.4% |
% Asian | 12.6% | 72.6% |
% Foreign Born | 8.3% | 124.3% |
Mortgage and Risk — Bloomington, IN
According to HUD data as of 2023, there were 1 mortgage originations in Bloomington, IN, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 92.0%, with 100.0% above 90% LTV (very high). This implies large mortgage risk in Bloomington, IN. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Bloomington, IN
Bloomington, IN 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 | $1,060 |
| 2 Bedroom | N/A | N/A | $1,200 |
| 3 Bedroom | N/A | N/A | $1,580 |
| 4 Bedroom | N/A | N/A | $1,890 |
Affordability — Bloomington, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |