Bloomington Real Estate Market: Home Prices and Trends

Bloomington's four main ZIP Codes differ more than they agree. From July to September 2026 the median sale price ranged from $296,709 in 47403 to $374,950 in 47408, against $335,000 for Monroe County (Indiana REALTORS Housing Hub). In September 2026 the median home went under contract in 39 days in 47403 and 47404, and in 82 days in 47401. What that means for you depends on your price range and your home's condition.

What we analyzed: Indiana REALTORS Housing Hub figures for ZIP Codes 47401, 47403, 47404 and 47408 and Monroe County, July to September 2026, September 2026 and the three weeks ending with the week of Oct. 26, 2026, as published.

How long do Bloomington homes take to go under contract?

It depends on the ZIP Code. In September 2026 the median home went under contract in 39 days in 47403, 39 days in 47404, 56 days in 47408 and 82 days in 47401. Monroe County's median was 73 days.

As published by the Housing Hub, 47403 was 20% faster than a year earlier and 47404 was 15% faster, while 47408 was 6% slower. The 47401 median was 3% faster, at the slowest pace of the four.

What do homes sell for in Bloomington?

From July to September 2026 the median sale price was $369,750 in 47401, $296,709 in 47403, $328,875 in 47404 and $374,950 in 47408. The Monroe County median was $335,000.

Year over year, as published, 47401 was up 14% and 47403 up 3%, while 47404 was down 4% and 47408 was down 3%. Closed sales over the three months were 153 in 47401, 74 in 47403, 70 in 47404 and 34 in 47408.

How much supply is there, and are buyers keeping up?

Months of inventory sat in a narrow band in September 2026: 5.5 in 47401, 5.4 in 47403, 5.5 in 47404 and 5.8 in 47408, against 5.4 for Monroe County.

What differed was activity. New listings in September 2026 were 63 in 47401, 56 in 47403, 35 in 47404 and 20 in 47408, while new pending contracts were 20, 12, 10 and 4. In every one of the four ZIP Codes, more homes were listed than went under contract that month.

How many Bloomington listings have cut their price?

In the three weeks to the week of Oct. 26, 2026, the share of listings with a price decrease was 47.6% in 47401, 52.6% in 47403, 49.0% in 47404 and 42.1% in 47408, against 48.1% across Monroe County.

Sale price as a share of original list price, a three-week average, was 94.1% in 47401, 90.8% in 47403, 95.7% in 47404 and 93.0% in 47408, against 94.6% for the county. Over the three months from July to September, homes closed at 93.1% to 95.7% of asking price. The distance between the original price and the final price shows how much room a seller loses by starting too high.

Where we stand on Bloomington price forecasts

Our view at Mark Dietel Realty: We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing.

Your options for selling a Bloomington home

There is more than one way to sell a Bloomington home. We will lay them side by side with your numbers so you can choose.

List on the market

Usually the highest price, if you have time to prepare and show the home.

• A local agent walks through your home
• Recent sales at your price, side by side
• A pricing and preparation plan for your first weeks on the market

Guaranteed sale

For sellers who need to know the home will sell before they make their next move. Conditions apply.

• We agree on the price up front
• Plan your move around a known outcome

Cash offer

Speed and certainty. Sell as-is, on your timeline.

• No repairs or showings
• See how a cash price compares with listing

A cash offer trades price for speed and certainty. If your home is in good shape and you have time, a cash offer usually means taking less. It can make sense when repairs, timing or certainty matter more than price.

Who this may not be right for

You may not need a listing agent if you already have a buyer, you are comfortable pricing from public sold data, and you are ready to handle disclosures, showings, negotiation and closing paperwork yourself, or with a real estate attorney. Many people sell that way. If that is you, we will tell you so.

We are a team: you work with a listing agent backed by inside sales, coordinators and a transaction coordinator. Some sellers want one person for every call, start to finish. If that matters more to you than a team system, a solo agent may fit you better.

Questions Bloomington sellers ask us

How long does it take to sell a house in Bloomington?

In September 2026 the median home went under contract in 39 days in ZIP Codes 47403 and 47404, 56 days in 47408 and 82 days in 47401 (Indiana REALTORS Housing Hub). Closing usually follows the contract by several weeks, depending on the buyer's financing.

Should I wait to sell my Bloomington home?

We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing. The better question is what your plan looks like at today's numbers.

Which Bloomington ZIP Code has the highest median sale price?

From July to September 2026 it was 47408 at $374,950, followed by 47401 at $369,750 (Indiana REALTORS Housing Hub, three-month figures).

Why do Bloomington ZIP Codes differ so much?

Each ZIP Code holds a different mix of homes, so its median price and speed reflect which homes sold, not what yours would. A walkthrough and recent sales at your price pin your number down.

More for Bloomington sellers

• Sell your house in Bloomington with Mark Dietel Realty
• Get cash and listing offers on your Bloomington home
• All the ways we help sellers in Central Indiana
• What is the Bloomington, Indiana housing market like for sellers?

Sources: Indiana REALTORS Housing Hub (data.indianarealtors.com), ZIP Code and Monroe County figures as published: median sale price and closed sales Jul to Sep 2026; median days on market, months of inventory, inventory, new listings and new pending contracts September 2026; price decreases and sale price as a share of original list price, three-week average to the week of Oct. 26, 2026. Year-ago changes as published by the Housing Hub. ZIP areas: U.S. Census Bureau. Maps: OpenStreetMap contributors.

This page is general information about the Bloomington market, not an appraisal or a valuation of any specific home.