Bloomington, IN metro area Housing Market
Cold MarketComprehensive housing market data for the Bloomington, IN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$325K
↑ 3.9% YoY
Days on Market
73 days
↑ 23.7% YoY
Active Inventory
664
↑ 11.6% YoY
Homes Sold
163
↑ 40.5% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Bloomington, IN metro area Market Summary
The Bloomington, IN metro area housing market is cooling down. As of March 2026, the median home sale price is $325K, up 3.9% year-over-year. Homes are spending a median of 73 days on the market, 23.7% longer than a year ago.
There are 664 homes for sale — 11.6% more than last year. With 4.1 months of supply, this is a balanced market. 286 new listings were added during this period, up 5.5% year-over-year.
Homes are selling for 97.1% of their list price on average, suggesting room for negotiation. 14.7% of homes sell above their asking price. 20.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. Indiana Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 26% below the national median, which could indicate stronger cash flow potential.
Bloomington, IN metro area Market Trends
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Detailed Market Metrics
Median List Price
$387K
Price per Sq Ft
$185
Sale-to-List Ratio
97.1%
Months of Supply
4.1
Sold Above List
14.7%
Price Drops
20.5%
New Listings
286
↑ 5.5% YoY
Pending Sales
221
Off Market in 2 Weeks
37.1%
Other Markets in Indiana
Indianapolis, IN metro area
$310K · 51d on market
Gary, IN metro area
$280K · 52d on market
Fort Wayne, IN metro area
$273K · 35d on market
Evansville, IN metro area
$235K · 27d on market
South Bend, IN metro area
$238K · 34d on market
Lafayette, IN metro area
$288K · 33d on market
Elkhart, IN metro area
$277K · 31d on market
Terre Haute, IN metro area
$175K · 43d on market
Analyze a deal in Bloomington, IN metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.