Bloomington, IN 47407 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Bloomington, IN — 47407
Median Listing Price
--
Population
--
Households
59,236
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
66K
units
Occupied
59,236
90.2%
Vacant
6,421
9.8%
2024 Tenure
59K
occupied
Owner
31,967
54.0%
Renter
27,269
46.0%
Renter Share
46.0%
+1.9% YoY
Total Housing Units
65,657
+1.2% YoY
FY2026 Fair Market Rent — Monroe County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$966
/month
1 BR
$1,072
/month
2 BR
$1,210
/month
3 BR
$1,572
/month
4 BR
$1,906
/month
FMR Trends — Monroe County
Source: HUD Fair Market Rents
County Demographics
Median Age
31.2
2024
Population
Monroe County Population
140,702
-0.2% YoY
Households
Total Households
59,236
+1.7% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.14
-0.5% YoY
Age
2024 Age Mix
141K
residents
Under 18
22,129
15.7%
Adults 18–64
98,189
69.7%
65 & Over
20,647
14.6%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
22,129
-0.9% YoY
Population 65 & Over
20,647
+3.8% YoY
Median Age
31.20
-0.6% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
73.5%
Moved (within US)
25.1%
Other
1.4%
Veterans
5.0%
-2.0% YoY
County Economy
Income
Median Household Income
$66K
+3.9% YoY
Per-Capita Income
$39K
+4.9% YoY
Mean Household Income
$91K
+4.3% YoY
Poverty
Below Poverty Level
19.7%
-2.5% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
64.8%
Public transit
2.0%
Worked from home
15.9%
Other
17.3%
Worked From Home
15.9%
+10.4% YoY
Mean Commute
19.60
-1.0% YoY
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