Bloomington housing market in May 2022

Wiki Article

The real estate market in Bloomington, IL currently has 344 available homes.

From April 2022 to May 2022, there were 6.2 percent more houses available for purchase in Bloomington, Illinois.

In May of 2022, the median listing price was $191,910, and properties typically stayed on the market for 13 days.

The following are changes 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%, the price of a two-bedroom home rose by 14.5%, the price of a three-bedroom home rose by 13.2%, the price of a four-bedroom home rose by 12.5%, and the price of a five-bedroom home rose by 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 (new updates) homes (-9.1%), and an increase in the availability of three-bedroom homes (11.9%).

In May 2022, over 60 properties in Bloomington, Illinois, sold for more than they were listed for.

More than 15 listings were sold over the same time frame for less than the asking price, while 16 listings were sold at the asking amount.