Is Bloomington Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloomington Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bloomington Township has remained a Seller's Market.

Key Takeaway

Bloomington Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Bloomington Township, IL cost?

Median Sold Price

$163,500

$100/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$16,500(+11.2%)

Key Takeaway

Homes in Bloomington Township have sold for 11.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 -$295K
N/A
3 $165.9K$179.2K
+8.0%
4 $126.5K$147K
+16.2%
5+ --
N/A

How many homes are available in Bloomington Township, IL?

Number of Homes For Sale

Sep 2022Oct 2022%
2215-31.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 22
0.0%
2 22
0.0%
3 147
-50.0%
4 33
0.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
95-44.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bloomington Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Sep 2022Oct 2022%
22 Days15 Days-30.6%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bloomington Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bloomington Township, IL

Homes for sale in Bloomington Township, IL have reached 15. The number of homes for sale in Bloomington Township, IL decreased by 31.8% between September 2022 and October 2022. Listings spent 15 days on the market in October 2022, and had a median list price of $163,500 during the same period. Between October 2021 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties increased by 8%, prices of 4 bedrooms properties increased by 16.2%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory decreased by 50%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes did not move. Over 1 listings were sold over their listed price in October 2022 in Bloomington Township, IL. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price.

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