42Alpha

Bloomington, IN metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Bloomington, IN metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+2.260
Inventory Health25%
-2.331
Affordability20%
25
Economic Strength20%
No data
50
Rental Yield15%
47

Where is Bloomington, IN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Bloomington, IN metro area is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Bloomington, IN metro area housing market data

MetricValueYoY
Median Sale Price$348K▲ +8.1%
Median Days on Market51 days0%
Months of Supply3.9▲ +2.6%
Homes for Sale739▲ +4.2%
Homes Sold188-0.5%
Median Price / Sq Ft$193▲ +4.8%
Sale-to-List Ratio97.7%-0.5%

How has Bloomington, IN metro area’s Alpha Score moved?

Now: 42
4-period trend
Median sale price · 12 mo

Markets like Bloomington, IN metro area

Frequently asked questions

Is Bloomington, IN metro area a buyer's or seller's market?

As of May 2026, Bloomington, IN metro area is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Bloomington, IN metro area?

The median sale price in Bloomington, IN metro area is $348K, having risen 8.1% over the past year.

How affordable is Bloomington, IN metro area?

Bloomington, IN metro area scores 25 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Bloomington, IN metro area's Alpha Score?

Bloomington, IN metro area's strongest dimension is Price Momentum (60/100) and its weakest is Affordability (25/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Bloomington, IN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.