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BLOOMINGTON, IN 47401

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BLOOMINGTON, IN real estate market (47401) currently shows 237 active listings, with 73 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 43 days on market compared to 42 days last year.

The median listing price has fallen 7.1% year-over-year, from $459,900 to $427,450.

Whether you are buying or selling in BLOOMINGTON, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 40,399  ·  Density: 188.8/mi²  ·  Median household income: $61,233

Typical home value: $312,898  ·  Homeownership: 56.4%

Market Overview

Active Listings
237
⇧ 4.9% vs 226 last year
Pending
73
31% pending ratio
Median Price
$427,450
⇩ 7.1% vs $459,900 last year
Average Price
$523,050
⇧ 1.5% vs $515,560 last year
Days on Market
43
⇧ 2.4% vs 42 days last year

Price Per Square Foot

Median $/sqft
$201
⇩ 2% vs $205/sqft last year
Median Home Size
2,036 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 237 this year vs 226 last year
  • Days on market: 43 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $427,450 (-7.1% YoY)
  • Average: $523,050 (+1.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.3 miles — 613 listings ($278,187,681 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47401Bloomington, IN 474010.0 mi194$104,939,256$420,500$540,924
47403Bloomington, IN 474038.6 mi111$39,552,075$287,000$356,325
47408Bloomington, IN 474089.8 mi54$31,289,220$465,550$579,430
47448Nashville, IN 4744812.7 mi41$20,836,651$423,750$508,211
47468Unionville, IN 4746813.5 mi8$4,547,880$483,450$568,485
47451Oolitic, IN 4745114.0 mi5$1,024,750$204,950$204,950
47429Ellettsville, IN 4742915.7 mi39$12,835,407$314,348$329,113
47235Freetown, IN 4723517.4 mi2$869,500$434,750$434,750
46160Morgantown, IN 4616021.0 mi13$6,714,214$395,975$516,478
47433Gosport, IN 4743321.6 mi11$5,872,856$340,700$533,896
47460Spencer, IN 4746022.6 mi45$19,029,600$376,000$422,880
46164Nineveh, IN 4616423.1 mi42$19,305,888$399,900$459,664
47446Mitchell, IN 4744624.3 mi48$11,370,384$209,000$236,883

Frequently Asked Questions

How many homes are for sale in BLOOMINGTON, IN 47401?

As of March 2026, there are 237 active listings in BLOOMINGTON, IN (zip code 47401), compared to 226 the prior year.

What is the median home price in BLOOMINGTON, IN 47401?

The median listing price in BLOOMINGTON, IN 47401 is $427,450 as of March 2026, a 7.1% decrease from $459,900 the prior year.

How long do homes stay on the market in BLOOMINGTON, IN?

Homes in BLOOMINGTON, IN 47401 spend an average of 43 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in BLOOMINGTON, IN 47401?

Based on current inventory and days-on-market data as of March 2026, BLOOMINGTON, IN 47401 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 43 days on market compared to 42 days last year.

How much can I save on real estate commission in BLOOMINGTON, IN?

With SELL123.com's maximum 3% commission, sellers in BLOOMINGTON, IN 47401 save an estimated $8,549 compared to a typical 5% commission on the median listing price of $427,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.