Bloomington's October First-Time Homebuyer Report

Bloomington is a small city in California with a median income of $43,931 per household. Besides being less affluent than average, its population is much older than others with a median age of 27 years. The Bloomington market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The best schools in the city are Gerald A. Smith Elementary School, Sequoia Middle School, and Bloomington High School.

Culture

Recommended places to eat, according to Foursquare, in Bloomington include Baker's Drive Thru, Farmer Boys, and Taco Bell.

Price Range

Homes in Bloomington are generally less expensive than others in the state with a median home value of $133,000 and an average list price of $289,555. The number of home sales in the Bloomington market rose 42.9% to 10 homes over the last 30 days, coming close to the 11.0 monthly average for the last 12 months.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Bloomington:

$249K   $248K   $249K  

Typical Dwelling

The typical dwelling in Bloomington is a three-bedroom detached home worth about $273,902. To purchase a similar home, a buyer with good credit and a $54,780 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,202 monthly payment. The property tax rate is $9.16 per $1,000 of taxable assessed value.

Get started right now by checking out Bloomington homes for sale or reviewing Bloomington real estate trends.


Data reported through 10/13/2016

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