Bloomington, IL

Full City Profile · Illinois · McLean County County

4.7 /5.0
A+ Excellent
78,703 Population 2,903/sq mi density
$75,449 Median Income $44,142 per capita
$198,800 Home Value $270,349 Zillow
$1,004 Median Rent 24.5% income on rent
51°F Avg Temperature
A+
Overall
4.7 / 5.0
Strong
A
Economy
4.3 / 5.0
$75,449 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$198,800 home value, $1,004/mo rent
A+
Education
4.9 / 5.0
48.9% bachelor's degree or higher

Housing Overview

Median Home Value
$198,800
29% below
US avg: $281,900
Median Rent
$1,004/mo
14% below
US avg: $1,163/mo
Homeownership Rate
61.6%
6% below US avg (65.4%)
Total Housing Units
36,709
Median year built: 1981

Home Value by Source

Census Median
$198,800
Zillow (ZHVI)
$270,349
Redfin Median Sale
$206,000
Median Sale Price
$206,000
Median List Price
$325,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.6%
Owner-Occupied
38.4%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,004/mo · Zillow rent: $1,326/mo

Market Indicators (Redfin)

Median Sale Price
$206,000
Median Days on Market
78 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
53
Price Drops
18.6%
of listings with price reduction
Price Per Sq Ft
$111
Active Inventory
156
homes for sale

Affordability & Housing Stock

Rent Burden
24.5%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
61.6%

Complete Housing Data

Home Values

Census Median Value$198,800
Zillow Home Value (ZHVI)$270,349
Redfin Median Sale$206,000
Median Sale Price$206,000
Median List Price$325,000
Price Per Sq Ft$111

Rent

Census Median Rent$1,004
Zillow Rent (ZORI)$1,326
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market78
Sale-to-List Ratio1.0%
Price Drops18.6%
Homes Sold53
Active Inventory156
Price Per Sq Ft$111

Ownership & Stock

Owner-Occupied61.6%
Renter-Occupied38.4%
Homeownership Rate61.6%
Total Housing Units36,709
Median Year Built1981
Rent Burden24.5%