May Housing Market in Bloomington, Illinois

Wiki Article

There are 344 homes for sale in the Bloomington, Illinois real estate market.

Between April and May 2022, the number of Bloomington, IL properties for sale rose 6.2%.

There were properties with a median list price of $191,910 and an average market time of 13 days in May of 2022.

The following are the changes that occurred in property listing prices in this market between April 2022 and May 2022: In comparison to the previous year, the price of a home with one bedroom fell by 41.5%, while the price of a home with two bedrooms rose 14.5%, the price of a home with three bedrooms rose 13.2%, the price of a home with four bedrooms rose 12.5%, and the price of a home with five bedrooms rose 38.2%.

Changes in the number of homes for sale include a decrease in the number of one-bedroom homes (44.4%), a rise in the number of four-bedroom homes (21.4%), a decrease in the number of five-bedroom homes (18.2%), a decrease in the number of two-bedroom homes (-9.1%), and an increase in the availability of three-bedroom homes (11.9%).

In May 2022, over 60 properties in Bloomington, Illinois, were sold for more than their asking amount.

Over 15 listings were sold for less than the asking price within the same (published here) time period, while 16 properties were sold for the asking amount.