Bloomington, Indiana.
Typical home $312,287 (+1.2% in a year), asking rent $1,763 (+2.0%). Bloomington, IN metro.
to buy the typical home at today's mortgage rate — +$854 (+109%) since Jan 2020.
- 1 year
- Up $3,780 +1%
- $308,507$312,287 since Sep 2025
- 5 years
- Up $52,810 +20%
- $259,477$312,287 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$1,639
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in Bloomington, IN rose 1.2% over the past year — in step with the nation.
Asking rents in Bloomington, IN rose 2.0% over the past year — slower than the nation's +2.7%.
Owning the typical home in Bloomington runs $396/mo more than renting one. The gap peaked at $515 in Oct 2023.
That is $2,159 a month against $1,763 rent: a $1,639 mortgage payment, plus $186 property tax and $334 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$2,159
- Renting$1,763
- Mortgage only$1,639
Property tax · $186/mo 0.71% of value a year — the ACS 2020-2024 median bill over the median home value for Monroe County, IN
Insurance & upkeep · $334/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, Monroe County, Indiana
Bloomington is a city of 79,168 people in Monroe County. Half its households earn more than $50,465 a year and half less, against $65,868 across Monroe County; 30% of its people live below the poverty line. 35% of its homes are lived in by their owners and 65% are rented. Unemployment in Bloomington was 4.4% in August 2026, and Monroe County had 0.8% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
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 college city, and it feels like one. Residents are far younger than in most of the country, most households rent rather than own, and household incomes sit well below the county's as a whole. Adults here are far more likely than in most places to hold a four-year degree, and the daily commute is short. Winters are cold, with a fair amount of snow, and summers are warm, with plenty of rain through the year.
Work. Most residents work in schools, hospitals and social care, followed by restaurants, hotels and entertainment, with manufacturing and shops also employing many. The largest workplace in town is Indiana University-Bloomington, and the others near the top include Monroe County Community Schools and IU Health Bloomington Hospital. Unemployment is a little lower than a year ago, and the county has added a small number of jobs.
Things to do. In town, the Eskenazi Museum of Art and WonderLab are both museums within easy reach, and the Indiana University Auditorium is a theatre that hosts performances. Griffy Lake, a reservoir in or beside town, is a quiet place to walk by the water. For a longer outing, Brown County State Park is a protected area a longer drive away.
Report a mistake
- 34,514households
- 59%of adults have a degree
- 30%below the poverty line
- 18 mintypical commute
- 18%work from home
What residents work in
Employed residents by industry, from the Census survey. Monroe County had 67,767 jobs in 2025, 0.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 21°; warmest in July, with highs near 85° and lows near 65°. About 18 inches of snow and 49 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Bloomington Indiana Univ weather station, under a mile away (NOAA).
Largest employers in Bloomington
- Indiana University Bloomington10,000
- Cook Group, Inc4,200
- Indiana University Health Bloomington2,733
- Monroe County Comm. School Corp.2,174
- Kroger878
- Catlent Biologics835
- Monroe County738
- City of Bloomington707
From the City of Bloomington’s annual financial report for 2025, its schedule of principal employers (its source: “Bloomington Economic Development Corporation”), as Indiana’s State Board of Accounts publishes it: the report. Employees as the report counts them.
Natural hazards
- Winter weatherRelatively high
- Strong windRelatively high
- Heat wavesRelatively moderate
- Tornadoesrelatively high in parts of BloomingtonRelatively moderate
- LightningRelatively 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 Monroe County and the Bloomington, IN 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$312,287
- Indiana$257,165
- 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 71 days — the market is cooling.
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.
- Bloomington25.93%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Bloomington71
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Bloomington702
New listings per month
Sellers arriving at the market.
- Bloomington135
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Bloomington$320,367
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Bloomington97.05%
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 |
|---|---|---|---|---|
| 47401 | Bloomington | 40,607 | $1,661 | $347,999 |
| 47403 | Bloomington | 34,396 | $1,360 | $274,667 |
| 47408 | Bloomington | 23,053 | $2,340 | $338,636 |
| 47404 | Bloomington | 22,744 | $1,634 | $310,866 |