Market Intelligence Report — IL-010

Bloomington, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-09
As of the latest 2026 data
Very Competitive

Median Listing

$290K
-1.4% YoY

Pending Ratio

0.96
+5.2% YoY

Active Inventory

205
-1.9% YoY

Median DOM

38 Days
-8.4% YoY

Primary Intelligence Tool — Sold Score™

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The Bloomington market exhibits a "Very Competitive" condition, driven by a pending ratio of 0.96. This indicates robust demand absorption, with nearly as many homes going under contract as there are active listings available. The median listing price has increased by 0.7% month-over-month.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.4%-0.9 pp YoY

Unemployment rate · Aug 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

171,419-0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Bloomington market right now.

Inventory levels remain constrained, with active listings contracting by 1.9% year-over-year and new listings declining by 2.5% over the past year. Concurrently, the median days on market have decreased by 8.4% year-over-year, suggesting a faster pace of transaction. The pending ratio has risen by 5.2% year-over-year, underscoring strengthening demand relative to available supply. The median price per square foot has notably increased by 10.0% over the past year.

Rob Gintner
Rob Gintner
Other

“Local pricing and inventory dynamics across Bloomington shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$290K+0.7% MoM

Active Inventory

205-1.9% YoY

Days on Market

38-8.4% YoY

Sold Score™

83+5.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

83
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio, coupled with contracting inventory and a declining median days on market, suggests a market environment where properties are absorbed rapidly. This sustained pace of activity places significant pressure on available supply, indicating that properties are moving quickly and buyers are facing a competitive landscape. Price discipline is likely to be firm in this environment.

Luxury Segment

The average listing price has grown by 12.8% year-over-year, while the median listing price has declined by 1.4% over the same period, creating a widening average-to-median spread. This divergence, alongside a 10.0% increase in median $/sqft, suggests distinct dynamics within the higher price tiers.

Supply Dynamics

205 active listings represent the current floor, with new supply arriving at roughly 158 per month.

Pricing Pressure
20.4%

of active listings carry a price reduction, +2.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +10.0% year-over-year.

Absorption
0.96

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Bloomington, IL? Homes here are taking 3 days less to sell than last year.

Demand in Bloomington, IL is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
96%
Median Days on Market
38 days
Inventory YoY
−2%

Demand is strong in Bloomington, IL. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell →

Talk to a local listing expert covering Bloomington, IL.

Rob Gintner →

Other

How these recommendations are chosen →

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Metro Demographics

Metro Area
Bloomington, IL
CBSA Code
14010
State
IL

ZIPs in Bloomington, IL

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