Photo: Tyler Vigen · CC BY-SA 4.01,000 homes sold in Bloomington in the last year, at a typical $374K
About one sale in 4 is a condo. 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.
Every place Bloomington homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Bloomington.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
10% of Bloomington’s sales are condos, at $201K less than a house
763 houses and 95 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 763 sold in 12 months
- Per square foot
- $205MN $191
- Days to sell
- 18
- Sold over asking
- 50%
- Listings with a price cut
- 31%
typical sale · 95 sold in 12 months
- Per square foot
- $176MN $205
- Days to sell
- 63
- Sold over asking
- 11%
- Listings with a price cut
- 26%
Multi-family (2–4 units): 7 sold, typical $540K
Townhouses: 135 sold, typical $292K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.6 times the 2016 price
1,000 sales in the last year, against 1,386 in 2021 and a low of 896 in 2024. The typical sale went from $236K in 2016 to $374K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Bloomington
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.
Bidding wars in Bloomington are back to pre-pandemic levels, but 16% fewer homes come up for sale
We read every month of Bloomington’s home sales since 2012 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, 1,000 sales.
If you’re buying in Bloomington
- Shop in August. It brings about 119 new listings a month, close to the busiest month, with fewer bidding wars (45% over asking).
- Some room to negotiate. 29% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 100.6% of the list price on average; 43% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 147 a month), but June is the most competitive: 56% of June sales close over asking. July and August offer nearly as much choice with fewer homes bid up (50%). January has the least competition (29%) but only about 61 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Minnesota
| Bloomington now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 43% | 42% | 61% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 52% | 56% | 61% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | 30% | 28% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 100.6% | 100.2% | 102.8% | 99.2% |
| Days to sellMedian days from listing to contract | 22 | 23 | 15 | 35 |
119 homes for sale on a typical day
That’s 1.4 times the 2022 low (85), 16% fewer than in 2017–19 and well under 2012’s 394.
1 in 3 listings has cut its price
29% in the last year, against 30% in 2017–19 and 28% across Minnesota.
Since 2019, houses are up 36%, condos 4%
A house typically sold for $400K in the last year (763 sales), a condo for $200K (95).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Bloomington ranks 19th of 144 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Bloomington is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Bloomington home costs about $2,286 a month
Price: Bloomington’s typical sale, last 12 months. Property tax at Bloomington’s 1.1% (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.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 33.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $374K home, about $4,020 a year.
Taxes vs. neighborsSchools
The schools grade for Bloomington, from test results, graduation and how much students grow.
Schools in BloomingtonTypical commute
The average one-way trip to work for people who live in Bloomington.
Work & commuteCheck 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 hazardsLook 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.
Burnsville and Savage sell for less a square foot; Edina for far more
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.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Bloomington | 1,000 | $374K | $198 | 43% | 22 |
| Edina | 785 | $703K | $271 | 27% | 33 |
| Eagan | 733 | $393K | $196 | 40% | 28 |
| Eden Prairie | 715 | $504K | $209 | 33% | 30 |
| Burnsville | 653 | $387K | $175 | 42% | 28 |
| Richfield | 386 | $355K | $217 | 49% | 23 |
| Savage | 370 | $432K | $186 | 30% | 33 |
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.
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, MN?
1,000 homes sold in the year to May 2026 at a typical $374K, $198 a square foot. Houses sold for about $400K, condos for about $200K.
Is Bloomington a buyer’s or seller’s market?
A seller’s market: 120 homes were for sale in May 2026 and 107 sold, about 1.1 months of supply. Buyers paid 100.6% of asking on average, and 29% of listings cut their price.
When is the best time to buy in Bloomington?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Bloomington?
About 1.1% of a home’s value a year. On a $374K home that’s near $4,020.
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).