All Reports Housing Affordability Bloomington MSA • July 2025 • All

Housing Affordability

Home price and typical payment compared to income

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Housing AffordabilityBloomington MSAJuly 2025

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
July 2025
50.4%
Year-over-year change
-9%
Compared to 55.6% last year
Difference from state
+38%
Compared to 36.5% in Indiana
View source and notes...

Last update: Aug. 7, 2025, midnight Source: IAR Data Warehouse / American Community Survey Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Bloomington MSA includes Monroe County, Owen County.

Affordable Listings

Pct. of listings in last 90 days affordable to household earning $75K
July 2025
24.5%
Year-over-year change
+41%
Compared to 17.3% last year
Difference from state
-34%
Compared to 37.3% in Indiana
View source and notes...

Last update: Aug. 7, 2025, midnight Source: IAR Data Warehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Bloomington MSA includes Monroe County, Owen County.

Demographics

Median Household Income

Adjusted to current dollars
January 2025
$60,107
Year-over-year change
+8%
Compared to $55,663 last year
Difference from state
-14%
Compared to $69,976 in Indiana
View source and notes...

Last update: Aug. 7, 2025, midnight Source: American Community Survey and Bureau of Labor Statistics Employment Cost Index Data notes: The most recent income measure from the American Community Survey is adjusted by two-year change in the Employment Cost Index to adjust to current dollars. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Bloomington MSA includes Monroe County, Owen County.

Market Momentum

Price

Median Monthly Payment

For median-priced home
July 2025
$2,526
Year-over-year change
-2%
Compared to $2,581 last year
Difference from state
+19%
Compared to $2,130 in Indiana
View source and notes...

Last update: Aug. 7, 2025, midnight Source: IAR Datawarehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Bloomington MSA includes Monroe County, Owen County.

Median Sale Price

3-Month Rolling Median
July 2025
$326,000
Year-over-year change
-1%
Compared to $329,900 last year
Difference from state
+19%
Compared to $275,000 in Indiana
View source and notes...

Last update: Aug. 7, 2025, midnight Source: IAR Data Warehouse Data notes: - Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Bloomington MSA includes Monroe County, Owen County.

Sales

Closed Sales by Price

12-month rolling total
All properties, July 2025
1,629
+2%
Under $250K
489
-8%
At Least $250K
1,140
+7%
View source and notes...

Last update: Aug. 7, 2025, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Bloomington MSA includes Monroe County, Owen County.

Supply

New Listings by Price

12-month rolling total
All properties, July 2025
2,299
+9%
Under $250K
618
+12%
At Least $250K
1,681
+9%
View source and notes...

Last update: Aug. 7, 2025, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Bloomington MSA includes Monroe County, Owen County.

Inventory by Price

Average daily inventory in latest month
All properties, July 2025
622
+19%
Under $250K
159
+46%
At Least $250K
463
+12%
View source and notes...

Last update: Aug. 7, 2025, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Bloomington MSA includes Monroe County, Owen County.