How competitive is the Bloomington housing market?

Bloomington is competitive as of May 2026, with a Sold Score of 80/100 (Excellent Chance of Selling). **Pending ratio** is 1.74 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +4.9% — more choices for buyers than a year ago. **Median days on market** is 39. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 48.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 80/100 (Excellent Chance of Selling) · Pending ratio: 1.74 · Inventory YoY: +4.9% · Median days on market: 39 · Sellers cutting price: 48.3% · Median listing price: $359,900 (+9.9% YoY)