2022 Housing Market Report for Bloomington, IL

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There are now 344 houses available on the market in Bloomington, IL. Between April 2022 and May 2022, the inventory of available houses in Bloomington, Illinois rose by 6.2%. In May of 2022, the median listing price was $191,910, and homes typically stayed on the market for 13 days. The following are the changes that have occurred in house listing prices in this real estate market between April 2022 and May 2022: The price of a one-bedroom home dropped by 41.5%, while the price of a two-bedroom home rose 14.5%, the price of a three-bedroom home rose 13.2%, the price of a four-bedroom home rose 12.5%, and the price of a five-bedroom home rose 38.2%. The number of one-bedroom houses for sale dropped by 44.4%, the number of two-bedroom homes dropped by 9.1%, the number of three-bedroom homes increased by 11.9%, the number of four-bedroom homes increased by 21.4%, and the number of five-bedroom homes dropped by 18.2%. Over sixty items in Bloomington, Illinois sold for more than they were originally listed for in May of Bloomington IL 2022. Over the same time period, more than 15 properties sold for less than the asking price, while 16 listings sold for the asking amount.

Between April and May 2022, the number of homes for sale in Bloomington, IL went up by 6.2%.

The median list price of available properties in May 2022 was $191,910, with a 13-day average time on the market.

The listing prices of residences on this real estate market had the following changes between April 2022 and May 2022: 1 bedroom property prices declined by 41.5%, 2 bedroom property prices rose by 14.5%, 3 bedroom property prices climbed by 13.2%, 4 bedroom property prices rose by 12.5%, and 5 bedroom property prices rose by 38.2%.

1 bedroom property prices fell 41.5%, 2 bedroom prices rose 14.5%, 3 bedroom prices up 13.2%, 4 bedroom prices rose 12.5%, and 5 bedroom prices rose 38.2%.

1 bedroom houses declined 44.4%, 2 bedroom homes decreased 9.1%, 3 bedroom homes increased 11.9%, 4 bedroom homes increased 21.4%, and 5 bedroom homes decreased 18.2%.

There were over 15 sales at prices lower than the asking price and 16 sales at or over the asking price within that time frame.