47405 Real Estate Market

47405 Market

The median mortgage debt is $36,977.

Additional Statistics for Single Family Homes and Condos in Bloomington, IN
47405 (Bloomington, IN) Price Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

Data Currently Unavailable
47405 (Bloomington, IN) Market Inventory Trends

Review the inventory and health of the market by looking at the number of sold and listed properties.

To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.

Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.

  • Sold: Properties sold that month
  • New: Listings that are new on the market
  • Distressed: Listings that are short sales, bank owned, or up for auction.
  • Standard: Non-distressed listings
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    Data Currently Unavailable
    47405 (Bloomington, IN) Property Ownership

    The percent of rental properties in Bloomington is 80.8% above the national average which is typical for urban areas.

    Data Currently Unavailable

    Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.

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