Bloomington, Illinois.
Typical home $268,640 (+2.2% in a year), asking rent $1,270 (+5.2%). Bloomington, IL metro.
to buy the typical home at today's mortgage rate — +$795 (+129%) since Jan 2020.
- 1 year
- Up $5,736 +2%
- $262,904$268,640 since Sep 2025
- 5 years
- Up $75,706 +39%
- $192,934$268,640 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Bloomington$1,410
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Bloomington, IL rose 2.2% over the past year — faster than the nation's +1.2%.
Asking rents in Bloomington, IL rose 5.2% over the past year — faster than the nation's +2.7%.
Owning the typical home in Bloomington runs $914/mo more than renting one — the widest that gap has been in this data.
That is $2,184 a month against $1,270 rent: a $1,410 mortgage payment, plus $486 property tax and $288 insurance & upkeep.
Owning vs renting — Bloomington
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,184
- Renting$1,270
- Mortgage only$1,410
Property tax · $486/mo 2.17% of value a year — the ACS 2020-2024 median bill over the median home value for McLean County, IL
Insurance & upkeep · $288/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Bloomington, McLean County, Illinois
Bloomington is a city of 78,680 people in McLean County. Half its households earn more than $77,384 a year and half less, against $79,905 across McLean County; 11% of its people live below the poverty line. 62% of its homes are lived in by their owners and 38% are rented. Unemployment in Bloomington was 3.4% in August 2026, and McLean County had 2.2% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then finance and property.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Bloomington is a city in McLean County, Illinois, with a population somewhat younger than many American cities. Incomes run a little below the county's, and most homes are lived in by their owners, though there are still plenty of renters. Adults here are far more likely than most to hold a four-year degree, and a typical commute is short.
Work. Most residents work in schools, hospitals and social care, followed by banks, insurance and property, professional and business services, and shops. Among the largest workplaces in Bloomington are St. Joseph Medical Center, Bloomington SD 87 and Ferrero. Unemployment is lower than a year ago, though McLean County has fewer jobs than it did the year before, and a fair number of people work from home.
Things to do. Miller Park, a protected area in or beside town, is home to Miller Park Zoo, and Fell Arboretum, a botanical garden, is also in or beside town. For indoor days, the McLean County Museum of History is in or beside town too. Lake Bloomington, a reservoir, is a longer drive away. Winters are cold and snowy, with summers that turn warm by July.
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- 34,892households
- 49%of adults have a degree
- 11%below the poverty line
- 17 mintypical commute
- 21%work from home
What residents work in
Employed residents by industry, from the Census survey. McLean County had 87,006 jobs in 2025, 2.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 16°; warmest in July, with highs near 86° and lows near 63°. About 20 inches of snow and 39 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Normal 4NE weather station, 5 miles away (NOAA).
Largest workplaces in Bloomington
- City of BloomingtonParks, nature1,113
- St. Joseph Medical CenterGeneral hospital843FTE
- FerreroChocolate bars made from cocoa beans678
- Bloomington SD 87School district565FTE
- GROWMARK, Inc. Home OfficeFarm supplies merchant wholesalers521
- Illinois Wesleyan UniversityUniversity or college488
- Westminster VillageRetirement communities, continuing care374
- WalmartWarehouse clubs and supercenters361
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 64 workplaces with 20 or more staff, 8,075 people in all. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- HailRelatively moderate
- Winter weatherrelatively high in parts of BloomingtonRelatively moderate
- Tornadoesrelatively high in parts of BloomingtonRelatively moderate
- Strong windRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Bloomington’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on McLean County and the Bloomington, IL metro.
Bloomington home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Bloomington$268,640
- Illinois$295,943
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Bloomington listings, and the typical home goes pending in 11 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Bloomington28.12%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Bloomington11
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Bloomington193
New listings per month
Sellers arriving at the market.
- Bloomington91
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Bloomington$255,157
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Bloomington99.87%
Zip codes with a Bloomington address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Bloomington — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Bloomington
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 61704 | Bloomington | 37,279 | $1,453 | $327,933 |
| 61701 | Bloomington | 35,136 | $1,078 | $176,081 |
| 61705 | Bloomington | 13,213 | — | $388,161 |