Market Intelligence · IN / Bloomington

Bloomington, IN 47401 Housing Market

Typical home value in Bloomington 47401 is $347,999, up 0.4% over the past year. The median list price sits at $398,675, with homes spending a median of 80 days on market as of September 2026.

Updated September 2026Median value$348K

The median home value in Bloomington, IN 47401 is $348K as of September 2026, up 0.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 47401 range

$320K to $376K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.4% over 12 months

Sep 2025$346K

Low $346KHigh $349K

Sep 2026$348K

The numbers

What is the 47401 housing market like?

As of September 2026

Typical home value

$348K

0.4%YoY

Median list price

$399K

0.3%MoM

Days on market

12.7%MoM

Homes for sale

209

7.9%MoM

Price cuts

24.6%

9.5%MoM

New listings

10.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

47401 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 47401 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 47401 rose 0.4%, per the Zillow Home Value Index.

Will home prices drop in 47401?

Zillow's forecast does not call for a drop: it expects typical home values in 47401 to rise 1.7% by September 2027, after a 0.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 47401 home prices compare?

47401$347,999
Bloomington$324,751
Indiana$233,780
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Bloomington: 4 ZIPs; Indiana: 697 ZIPs; United States: 26,262 ZIPs).

Context

The market holds 209 homes for sale with 50 new listings in September 2026. Median days on market of 80 suggests a moderate pace of activity. About 24.6% of listings have taken a price cut, indicating some seller adjustment in a market where value gains remain modest. For sellers, the small year-over-year appreciation and notable share of price reductions point to a market that rewards realistic pricing and proper presentation.

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Home price

Down payment20% · $69,600

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Common questions

What people ask us.

What is the typical home value in 47401?

Typical home value is $347,999, up 0.4% over the past year as of September 2026.

How long do homes stay on the market in 47401?

The median days on market is 80 as of September 2026.

What share of homes are price-cut in 47401?

About 24.6% of listings have seen a price cut as of September 2026.

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