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Bloomington, IL Real Estate

Bloomington is a city in McLean County, Illinois with a population of about 78,703. The median home value is near $198,800, and median rent runs around $1,004/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$198,800
Median Rent
$1,004/mo
Population
78,703
Median Income
$75,449
Median Age
36
Homeownership
61.6%

Monthly payment on a median Bloomington home

Example for a $198,800 home: 20% down, 30-yr at ~6.75%, IL property tax ~2.05%, 0.4% insurance.

Est. monthly (PITI)
$1,437
Principal & interest
$1,032
Property tax / mo
$340
Down payment (20%)
$39,760

Bloomington at a glance

  • 32.5% of residents 25+ hold a bachelor's degree or higher.
  • 61.6% of occupied homes are owner-occupied.
  • Median household income is $75,449.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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