Market Intelligence · IN / Bloomington

Bloomington, IN 47408 Housing Market

The typical home value in Bloomington's 47408 ZIP code is $351,194, up 2.5% over the past year. The median list price sits at $427,450, and homes are taking a median of 65 days on market as of June 2026.

Updated June 2026Median value$351K

The median home value in Bloomington, IN 47408 is $351K as of June 2026, up 2.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 47408 range

$323K to $379K

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

+2.5% over 12 months

Typical home value in 47408 over the last 12 months: $343K in Jun 2025 to $351K in Jun 2026 (+2.5%).

Jun 2025$343K

Jun 2026$351K

The numbers

What is the 47408 housing market like?

Typical home value

$351K

Up2.5%YoY

Median list price

$427K

Days on market

65

Up18.2%MoM

Homes for sale

48

Price cuts

26.2%

New listings

12

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 47408 home prices compare?

  • 47408$351,194
  • Bloomington$335,114
  • Indiana$239,792
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Bloomington: 4 ZIPs; Indiana: 697 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 48 homes for sale in 47408, with 12 new listings added recently. The median list price is $427,450, while the typical home value stands at $351,194, up 2.5% over the past year. Homes are spending a median of 65 days on market, and 26.2% of listings have had a price cut. For sellers, the pace is measured rather than urgent, so pricing carefully and preparing for a longer timeline is reasonable.

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