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Bloomington, MN
Full City Profile · Minnesota · Scott County County
3.7
/5.0
B+
Good
88,838
Population
2,560/sq mi density
$90,677
Median Income
$49,908 per capita
$346,200
Home Value
$356,047 Zillow
$1,526
Median Rent
29.4% income on rent
49°F
Avg Temperature
269 sunny days/yr
236
Violent Crime/100K
3,584 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$90,677 median income, 3.1% unemployment
A+
Affordability
4.5 / 5.0
$346,200 home value, $1,526/mo rent
F
Safety
1.0 / 5.0
236 violent crimes/100K
A+
Education
4.6 / 5.0
45.3% bachelor's degree or higher
Housing Overview
Median Home Value
$346,200
23% above
US avg: $281,900
Median Rent
$1,526/mo
31% above
US avg: $1,163/mo
Homeownership Rate
66.2%
1% above US avg (65.4%)
Total Housing Units
39,347
Median year built: 1971
Home Value by Source
Census Median
$346,200
Zillow (ZHVI)
$356,047
Median Sale Price
$364,500
Median List Price
$365,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.2%
Owner-Occupied
33.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,526/mo
· Zillow rent:
$1,605/mo
Market Indicators (Redfin)
Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
40
Price Drops
21.0%
of listings with price reduction
Price Per Sq Ft
$201
Active Inventory
81
homes for sale
Affordability & Housing Stock
Rent Burden
29.4%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
66.2%
Complete Housing Data
Home Values
| Census Median Value | $346,200 |
| Zillow Home Value (ZHVI) | $356,047 |
| Median Sale Price | $364,500 |
| Median List Price | $365,000 |
| Price Per Sq Ft | $201 |
Rent
| Census Median Rent | $1,526 |
| Zillow Rent (ZORI) | $1,605 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 47 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.0% |
| Homes Sold | 40 |
| Active Inventory | 81 |
| Price Per Sq Ft | $201 |
Ownership & Stock
| Owner-Occupied | 66.2% |
| Renter-Occupied | 33.8% |
| Homeownership Rate | 66.2% |
| Total Housing Units | 39,347 |
| Median Year Built | 1971 |
| Rent Burden | 29.4% |