Market Intelligence · IN / Bloomington

Bloomington, IN 47408 Housing Market

In Bloomington, IN 47408, the typical home value is $340,060, up 2.4% over the past year. Sellers are listing at a median of $421,500, and homes are taking a median of 80 days on market. There are 48 homes for sale.

Updated August 2026Median value$340K

The median home value in Bloomington, IN 47408 is $340K as of August 2026, up 2.4% 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

$313K to $367K

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

+2.4% over 12 months

Typical home value in 47408 over the last 12 months: $332K in Aug 2025 to $340K in Aug 2026 (+2.4%).

Aug 2025$332K

Aug 2026$340K

The numbers

What is the 47408 housing market like?

Typical home value

$340K

Up2.4%YoY

Median list price

$422K

Down2.0%MoM

Days on market

80

Up5.3%MoM

Homes for sale

48

Flat0.0%MoM

Price cuts

15.8%

Down19.7%MoM

New listings

12

Down14.3%MoM

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

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The comparison

How do 47408 home prices compare?

  • 47408$340,060
  • Bloomington$326,896
  • Indiana$237,708
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Bloomington: 4 ZIPs; Indiana: 697 ZIPs; United States: 26,265 ZIPs).

Context

With 48 homes for sale and 12 new listings, Bloomington, IN 47408 has a measured flow of choices rather than a surge. The median list price is $421,500, while the typical home value is $340,060 and is up 2.4% over the past year. A median of 80 days on market points to slower decisions, and 15.8% of listings have taken a price cut. For a seller, pricing needs to match the house and the neighborhood, because patient buyers are comparing carefully.

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