Is Bloomington Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bloomington Township was a Buyer's Market.
Housing Prices in Bloomington Township, IN
How much do homes in Bloomington Township, IN cost?
Median Sold Price
$342,450
$185/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Bloomington Township was $342,450 in April 2024, up 25.7% from last month, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $185K | $229K | +23.8% |
3 Bedrooms | $365K | $329K | -9.9% |
4 Bedrooms | $304K | $415K | +36.5% |
5+ Bedrooms | - | $760K | N/A |
Summary: Bloomington Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Bloomington Township | $272.5K | $342.4K | +25.7% |
Washington Township | $447K | $152.5K | -65.9% |
Housing Supply in Bloomington Township, IN
How many homes are available in Bloomington Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
172 | 283 | +64.5% |
Summary: The Bloomington Township real estate market had 283 homes for sale in April 2024, a 64.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 32 | 49 | +53.1% |
3 Bedrooms | 68 | 120 | +76.5% |
4 Bedrooms | 52 | 82 | +57.7% |
5+ Bedrooms | 19 | 29 | +52.6% |
Summary: The Bloomington Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 53.1%, 3 bedroom homes increased by 76.5%, 4 bedroom homes increased by 57.7%, and 5+ bedroom homes increased by 52.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 50 | +233.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Bloomington Township in April 2024, up by 233.3% month-over-month. Of the 50 sold homes, 48% were sold under asking, 36% were sold at asking, and 16% were sold over asking.
Days on Market for Bloomington Township, IN
How long does it take to sell a home in Bloomington Township, IN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 40 Days | +43.9% |
Summary: Homes in Bloomington Township had an average of 40 days on market in Apr 2024, up by 43.9% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in Bloomington Township; 12% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.