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
$320,000
$188/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Bloomington Township was $320,000 in March 2024, down 4.3% from last month, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $212K | $219K | +3.3% |
3 Bedrooms | $251K | $330K | +31.5% |
4 Bedrooms | $429K | $437K | +1.9% |
5+ Bedrooms | $349.9K | $325K | -7.1% |
Summary: Bloomington Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 31.5%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
Washington Township | $260K | $438K | +68.5% |
Richland Township | $215K | $295K | +37.2% |
Bloomington Township | $334.5K | $320K | -4.3% |
Bloomington | $334.5K | $320K | -4.3% |
Housing Supply in Bloomington Township, IN
How many homes are available in Bloomington Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
107 | 218 | +103.7% |
Summary: The Bloomington Township real estate market had 218 homes for sale in March 2024, a 103.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 4 | +100.0% |
2 Bedrooms | 24 | 54 | +125.0% |
3 Bedrooms | 48 | 89 | +85.4% |
4 Bedrooms | 27 | 55 | +103.7% |
5+ Bedrooms | 8 | 16 | +100.0% |
Summary: The Bloomington Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 125%, 3 bedroom homes increased by 85.4%, 4 bedroom homes increased by 103.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 51 | +466.7% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Bloomington Township in March 2024, up by 466.7% month-over-month. Of the 51 sold homes, 47% were sold under asking, 25% were sold at asking, and 27% 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
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 28 Days | +41.9% |
Summary: Homes in Bloomington Township had an average of 28 days on market in Mar 2024, up by 41.9% compared to last month.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 51 homes were sold in Bloomington Township; 18% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.