The story of this market
The typical home in Bloomington, Indiana sells for about $321,400, or $189 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,100 a month.
Monthly price momentum
Home values since 2015
+4.7%
IN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Bloomington, Indiana
The Bloomington housing market remains stable, supported by consistent demand from the university and a growing life sciences sector. While inventory remains tight, the market is seeing steady price appreciation and quick sales. Current conditions reflect a balanced environment for long-term residents and investors alike.
No ARED county foreclosure postings attributed to Bloomington yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 4 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 5.6% year over year.
Homes spend a median of 52 days on market with 10.8 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 39.6% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 20.0% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major research institution that serves as the city's economic and cultural anchor, providing extensive employment and educational opportunities.
The largest lake in Indiana, offering boating, fishing, and camping, which serves as a primary regional destination for outdoor enthusiasts.
A central community park featuring sports facilities, walking trails, and picnic areas, highly valued by local residents for its accessibility.
A multi-use path that connects various parts of the city, promoting active transportation and providing a green corridor for recreation.
Bloomington is an ideal fit for academic professionals, university staff, and families seeking a community with strong educational ties. It also attracts investors looking for stable rental demand from the student population. Commuters may find the city's self-contained economy appealing, though the market is less suited for those seeking rapid suburban-style appreciation compared to larger metro areas.
The city is served by the Monroe County Community School Corporation, which is generally regarded as providing a solid educational foundation. Schools in the district benefit from the proximity to Indiana University, which fosters a culture of academic achievement and provides access to diverse extracurricular resources. Performance metrics are competitive within the state, reflecting the district's focus on college readiness.
Bloomington is served by a network of state highways and local transit services, with a focus on pedestrian and bicycle-friendly infrastructure. Commuting is generally localized, though access to regional hubs is facilitated by major road corridors.
Bloomington offers a robust amenity base centered around Indiana University's cultural facilities and extensive local park systems. Residents enjoy access to the Bloomington Rail Trail, Bryan Park, and the nearby Lake Monroe, which provides significant outdoor recreational opportunities. The downtown area serves as a vibrant hub for shopping, dining, and entertainment, catering to both students and long-term residents.
The rental market is characterized by high demand driven by the university student population, leading to consistent occupancy rates. While new multi-family developments are periodically added to the pipeline, vacancy pressure remains tight in proximity to the campus. Investors often target properties for student housing, though short-term rental regulations are strictly monitored by city ordinances.
The economy is dominated by Indiana University and the healthcare sector, providing a stable employment base. The city is actively working to expand its innovation corridor to attract high-tech and life science firms, enhancing long-term economic resilience.
Economic momentum is heavily anchored by Indiana University, which serves as the primary driver of employment and innovation. The city is actively pursuing development through the Bloomington Innovation Corridor, focusing on life sciences and technology sectors. Infrastructure investments are ongoing to support the growing population and the expansion of the university's research footprint.
Development efforts are currently focused on the expansion of the university's research facilities and the revitalization of the downtown core. New residential projects are being approved to address housing demand while maintaining the city's historic character.
Parcels in Bloomington are subject to the Monroe County Community School Corporation and various municipal utility districts. These districts manage essential services and educational funding, impacting the overall tax burden on property owners.
Bloomington experiences crime rates typical of a mid-sized university city, with property crime being the primary concern. Regional comparisons indicate that while urban centers in Indiana face similar challenges, the presence of a large student population influences local reporting trends. Overall safety is generally considered stable, though vigilance is recommended in high-traffic campus-adjacent areas.
Bloomington faces moderate risks related to severe weather, including occasional high winds and localized flooding during heavy rainfall events. The city maintains standard emergency management protocols to mitigate these risks, and property insurance markets remain stable. Residents are encouraged to maintain appropriate coverage for regional climate-related hazards.
The property insurance market in Bloomington is stable, with premiums reflecting regional weather risks. Homeowners are generally able to secure comprehensive coverage through standard providers.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau QuickFacts and ACS profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.