May 2022 Update on the Bloomington, Illinois Real Estate Market

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In the real estate market in Bloomington, IL, there are now 344 houses available.

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

May 2022 offerings had a median list price of $191,910, and they spent an average of 13 days on the market.

The following changes were observed in this real estate market's house listing prices between April 2022 and May 2022: Prices for houses with one bedroom decreased by 41.5 percent, while those with two bedrooms increased by 14.5 percent, three bedrooms increased by 13.2 percent, four bedrooms increased by 12.5 percent, and those with five bedrooms increased by 38.2 percent.

Volume of homes for sale changed: volume of 1 bedroom homes went down by 44.4 percent , number of 2 bedrooms homes decreased by 9.1 percent , 3 bedrooms homes became 11.9 percent more available, volume of 4 bedrooms homes went up by 21.4 percent , the quantity of 5 bedrooms homes went down by 18.2 percent .

In Bloomington, Illinois, in the month of May 2022, over sixty properties sold for more than their quoted price.

In the same period over 15 listings were sold below the listed price and 16 listings were sold for the homes in Bloomington IL listed price.

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