May 2022 Bloomington, IL Housing Market

Wiki Article

In the Bloomington, IL real estate market, there are 344 properties for sale.

Between April and May 2022, the number of homes for sale in Bloomington, IL went up by 6.2%.

The median list price of listings available in May 2022 was $191,910, while the average time on the real estate market was 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%.

There was a shift in the number of houses on the market, (posted here) with less one-bedroom properties (44.4%), fewer two-bedroom properties (9.1%), more three-bedroom listings (11.9%), more four-bedroom listings (21.4%), and fewer five-bedroom listings (18.2%) than before.

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.