Real Estate Market Update for Bloomington, IN
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 12% from one year earlier, and up 12% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 45%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold was consistent year-over-year, and increased 100% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Bloomington, IN
Area Information for Bloomington, IN
  • Population: 82,510
  • Median Age: 24.6 yr
  • Median Commute Time: 12.28 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 3,563/sq mi
  • Population Change Since 2000: 16.57%
  • Closest Airport: Indianapolis International
  • Closest College: Indiana University-bloomington
  • Closest Jr. College: Ivy Tech Community College-bloomington
  • Median Household Income: $27,905
  • Annual Residential Turnover: 32.13%
  • Median Years in Residence: 2.08 yr
  • Median Home Sales Price: $152,250
  • Closest Major Sports Team: Colts
  • Change Avg. Household Income Since 2000: 10%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Bloomington, IN
Median Age: 24.6 Married: 17% Number of Households: 33,255 Households with Children: 5,281
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Bloomington, IN

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Harmony School 0.2 mi Private PRESCHOOL-12 0 4
      The Bloomington Project School 0.4 mi Public K-9 2 5
      Templeton Elementary School 0.7 mi Public PRESCHOOL-6 1 3
      Kids Club Child Care Cntr 0.8 mi Private PRESCHOOL-K 0 0
      Fairview Elementary School 0.8 mi Public K-6 0 2
      Kid Angles-the Early Education School 0.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Aurora Alternative School 1.0 mi Public 9-12 0 0
      Rogers Elementary School 1.0 mi Public K-2 0 5
      Binford Elementary School 1.1 mi Public 3-6 4 5
      Tri-north Middle School 1.1 mi Public 7-8 4 4
      Bloomington Dev Learning Ctr 1.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Bloomington High School South 1.1 mi Public 9-12 3-5 4
      Campus View Ccc 1.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Bloomington Montessori School 1.2 mi Private PRESCHOOL-6 0 4
      The Academy Of Sci & Entrepreneurship 1.4 mi Public 9-11 2-5 0
      Hoosier Courts Cooperative 1.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      The Prep School 1.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      Campus Children's Center 1.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Bloomington Graduation School 1.6 mi Public - 0 0
      Penny Lane Preschool 1.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Childs Elementary School 1.8 mi Public K-6 5 5
      Adventist Christian Academy 1.8 mi Private 1-8 0 0
      Arlington Heights Elementary School 2.0 mi Public K-6 2 4
      Summit Elementary School 2.0 mi Public K-6 1 4
      Learning Tree 2.2 mi Private PRESCHOOL-K 0 0
      Pinnacle School 2.5 mi Private K-12 0 3
      University Elementary School 2.6 mi Public PRESCHOOL-6 4 4
      High Achievers 2.7 mi Private PRESCHOOL-PRESCHOOL 0 0
      Hoosier Hills Career Center 2.7 mi Public 9-12 0 0
      Jackson Creek Middle School 2.8 mi Public 7-8 4-5 3
      Lora L Batchelor Middle School 2.9 mi Public 7-8 3 5
      Bloomington High School North 3.0 mi Public 9-12 3-5 4
      Penny Lane West 3.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Lighthouse Christian Academy 3.4 mi Private K-12 4 5
      Clear Creek Elementary School 3.5 mi Public PRESCHOOL-6 3 4
      Highland Park Elementary School 3.5 mi Public PRESCHOOL-6 2 4
      Grace Baptist Academy 3.7 mi Private PRESCHOOL-K 0 5
      Clear Creek Christian School 3.8 mi Private K-6 2 5
      Marlin Elementary School 3.8 mi Public K-6 3 5
      Grandview Elementary School 3.9 mi Public PRESCHOOL-6 2 3
      Wings Of Love Christian Academy 4.3 mi Private K-12 0 0
      Edgewood Intermediate School 7.8 mi Public 3-5 1 4
      Edgewood Primary School 7.9 mi Public K-2 0 4
      Lakeview Elementary School 9.0 mi Public K-6 4-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Bloomington, IN
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.