Bloomington, Illinois Housing Market Analysis for May 2022
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From April 2022 to May 2022, there were 6.2 percent more houses available for purchase in Bloomington, Illinois.
May 2022 offerings had a median list price of $191,910, and they spent an average of 13 days on the market.
The listing prices of residences on this real estate market had the following changes between April 2022 and May 2022: 1 bedroom property prices declined by 41.5%, 2 bedroom property prices rose by 14.5%, 3 bedroom property prices climbed by 13.2%, 4 bedroom property prices rose by 12.5%, and 5 bedroom property prices (source) rose by 38.2%.
Changes in the number of homes for sale include a decrease in the number of one-bedroom homes (44.4%), a rise in the number of four-bedroom homes (21.4%), a decrease in the number of five-bedroom homes (18.2%), a decrease in the number of two-bedroom homes (-9.1%), and an increase in the availability of three-bedroom homes (11.9%).
Above sixty properties in Bloomington, Illinois sold for over asking price in May of 2022.
In May 2022 in Bloomington, IL, over 60 items sold over list price.