Bloomington, IN

Population: 83,322
Average annual home appreciation rate: 13.60%
Total of homes for sale in this market: 309
Median home price: $182,874
Median Rent: $849
Home price range: 38.75% of homes are between $106,001 – $213,000
Median sales price: No current data available
Number of homes: 272
Median foreclosure sales price: No current data available
Foreclosure discount: No current data available
Most common home type: 41.98% of homes are Complexes or high rise apartments
Number of vacant homes: 9.06%
Number of renters: 72.17%
Number of owner occupied: 27.83%
Number people living below poverty level: 39.16%
Unemployment rate: 4.50%
Is this area perfect for real estate deals going on right now? With a good history of rising appreciation and a large demand of renters, this area may be promising to the savvy investor who is looking to buy, hold or rent.

Leave a Reply

Your email address will not be published. Required fields are marked *