How competitive is the Bloomington housing market?

Bloomington is soft for sellers as of August 2026, with a Sold Score of 31/100 (Challenging Market Conditions). **Pending ratio** is 0.27 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +10.1% — more choices for buyers than a year ago. **Median days on market** is 68. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 34.8% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (August 2026): Sold Score: 31/100 (Challenging Market Conditions) · Pending ratio: 0.27 · Inventory YoY: +10.1% · Median days on market: 68 · Sellers cutting price: 34.8% · Median listing price: $359,950 (-6.5% YoY)