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Bloomington, IL city hall 1 (cropped)Photo: Daniel Schwen · CC BY-SA 4.0
Housing in Bloomington

1,038 homes sold in Bloomington in the last year, at a typical $255K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Bloomington homes are listed.

Homes sold
1,038
June 2025 to May 2026
Typical sale price
$255K
houses $270K · condos $155K
Price per square foot
$116
Illinois $193
Paid vs. asking
99.3%
36% sold over asking
For sale now
193
May 2026 · 112 sold that month
What sold · last 12 months

6% of Bloomington’s sales are condos, at $115K less than a house

841 houses and 62 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$270K

typical sale · 841 sold in 12 months

Per square foot
$115IL $180
Days to sell
45
Sold over asking
39%
Listings with a price cut
23%
Condos$155K

typical sale · 62 sold in 12 months

Per square foot
$125IL $251
Days to sell
60
Sold over asking
18%
Listings with a price cut
35%
Fewer sales

Multi-family (2–4 units): 42 sold, typical $190K
Townhouses: 93 sold, typical $241K

Too few sales in 12 months for reliable figures.

10 years of sales

More homes sell than most years, at twice the 2016 price

1,038 sales in the last year, against 1,343 in 2022 and a low of 19 in 2017. The typical sale went from $127K in 2016 to $255K.

Homes soldTypical sale price
033767510121350$150K$200K$250K$300K2016: 23 sold, typical $127K’162017: 19 sold, typical $153K2018: 38 sold, typical $126K’182019: 25 sold, typical $172K2020: 48 sold, typical $239K’202021: 1304 sold, typical $190K2022: 1343 sold, typical $208K’222023: 1063 sold, typical $231K2024: 1097 sold, typical $239K’242025: 1011 sold, typical $250KLast 12 months: 1038 sold, typical $255KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Bloomington

Houseat $115 a sq ft
Condoat $125 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Bloomington homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Bloomington are more common than before the pandemic, and more homes are for sale

We read every month of Bloomington’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,038 sales.

If you’re buying in Bloomington

  • Shop in September. It brings about 54 new listings a month, close to the busiest month, with fewer bidding wars (41% over asking).
  • Bid near asking. Buyers paid 99.3% of the list price on average; 36% paid over.
  • Move fast on good ones. 61% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 66 a month), and the most competition: 57% close over asking. September and October offer nearly as much choice with fewer homes bid up (41%). December has the least competition (34%) but only about 24 new listings.

New listings a monthShare sold over asking
017.53552.57020%40%60%Sweet spotJan: 41 new listings a month, 37% sold over asking, 42 days to sellJFeb: 49 new listings a month, 35% sold over asking, 46 days to sellFMar: 57 new listings a month, 43% sold over asking, 50 days to sellMApr: 62 new listings a month, 48% sold over asking, 43 days to sellAMay: 63 new listings a month, 51% sold over asking, 46 days to sellMJun: 63 new listings a month, 56% sold over asking, 34 days to sellJJul: 66 new listings a month, 57% sold over asking, 35 days to sellJAug: 60 new listings a month, 49% sold over asking, 34 days to sellASep: 54 new listings a month, 41% sold over asking, 36 days to sellSOct: 57 new listings a month, 43% sold over asking, 38 days to sellONov: 38 new listings a month, 43% sold over asking, 35 days to sellNDec: 24 new listings a month, 34% sold over asking, 46 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Illinois as a whole

Bloomington now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price36%7%50%37%
Gone within two weeksShare of homes under contract within 14 days61%7%68%46%
Listings with a price cutShare of homes for sale that cut their price22%—22%19%
Price paid vs. askingAverage sale price ÷ list price99.3%96.9%100.9%99.2%
Days to sellMedian days from listing to contract461601649
Supply

181 homes for sale on a typical day

That’s 18.4 times the 2017 low (10) and 1427% more than in 2017–19.

2016: 12 for sale’162017: 10 for sale2018: 13 for sale2019: 13 for sale’192020: 33 for sale2021: 140 for sale2022: 191 for sale’222023: 183 for sale2024: 172 for sale2025: 173 for sale’25Last 12 months: 181 for saleNow
Room to negotiate

1 in 4 listings has cut its price

22% in the last year, against — in 2017–19 and 19% across Illinois.

2021: 22%’212022: 12%2023: 15%2024: 18%’242025: 20%Last 12 months: 22%Now
Prices by type

Houses and condos, year by year

A house typically sold for $270K in the last year (841 sales), a condo for $155K (62).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $90K, 23 salesHouses 2014: $84K, 15 salesHouses 2015: $66K, 19 salesHouses 2016: $132K, 22 salesHouses 2017: $153K, 19 salesHouses 2018: $138K, 33 salesHouses 2019: $184K, 18 salesHouses 2020: $228K, 40 salesHouses 2021: $201K, 1096 salesHouses 2022: $220K, 1100 salesHouses 2023: $248K, 894 salesHouses 2024: $263K, 892 salesHouses 2025: $258K, 836 salesHouses last 12 months: $270K, 841 salesHouses $270KCondos 2020: $203K, 4 salesCondos 2021: $149K, 66 salesCondos 2022: $139K, 74 salesCondos 2023: $123K, 46 salesCondos 2024: $144K, 66 salesCondos 2025: $155K, 54 salesCondos last 12 months: $155K, 62 salesCondos $155K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Bloomington ranks 188th of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Bloomington is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Bloomington home costs about $1,788 a month

Mortgage
Property tax
Insurance
Rent

Price: Bloomington’s typical sale, last 12 months. Property tax at Bloomington’s 2.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Bloomington is affordable on local pay is on Cost of living.

Before you buy in Bloomington

Six things worth knowing

66

New listings in July

The month with the most choice. December has the fewest, about 24.

Best time to buy
2.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $255K home, about $5,500 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Bloomington, from test results, graduation and how much students grow.

Schools in Bloomington
17 min

Typical commute

The average one-way trip to work for people who live in Bloomington.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Bloomington, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bloomington1,038$255K$11636%46
Normal542$270K$12145%41
Heyworth38$235K$12445%50
Le Roy38$185K$11434%37
Lexington27$225K$12533%47
Twin Grove25$361K$13140%57
Hudson22$277K$13664%41

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Bloomington, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Bloomington. People who follow the town see it, and so do people comparing Bloomington with their own town. No commission, no listing fee.

Questions about buying a home in Bloomington

What do homes sell for in Bloomington, IL?

1,038 homes sold in the year to May 2026 at a typical $255K, $116 a square foot. Houses sold for about $270K, condos for about $155K.

Is Bloomington a buyer’s or seller’s market?

A seller’s market: 193 homes were for sale in May 2026 and 112 sold, about 1.7 months of supply. Buyers paid 99.3% of asking on average, and 22% of listings cut their price.

When is the best time to buy in Bloomington?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Bloomington?

About 2.2% of a home’s value a year. On a $255K home that’s near $5,500.

Where can I see homes for sale in Bloomington?

Zillow, Redfin, Realtor.com and Homes.com all carry Bloomington’s MLS listings; the search links above open each one filtered to Bloomington.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).