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BLOOMINGTON, IL 61704

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BLOOMINGTON, IL real estate market (61704) currently shows 65 active listings, with 35 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 63 days on market compared to 23 days last year.

The median listing price has risen 6.3% year-over-year, from $354,900 to $377,400.

Whether you are buying or selling in BLOOMINGTON, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 37,517  ·  Density: 760.6/mi²  ·  Median household income: $87,354

Typical home value: $231,001  ·  Homeownership: 65.7%

Market Overview

Active Listings
65
⇧ 30% vs 50 last year
Pending
35
54% pending ratio
Median Price
$377,400
⇧ 6.3% vs $354,900 last year
Average Price
$424,169
⇧ 6% vs $400,300 last year
Days on Market
63
⇧ 173.9% vs 23 days last year

Price Per Square Foot

Median $/sqft
$129
⇧ 9.3% vs $118/sqft last year
Median Home Size
2,986 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 50 last year
  • Days on market: 63 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $377,400 (+6.3% YoY)
  • Average: $424,169 (+6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.5 miles — 131 listings ($54,054,304 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61704Bloomington, IL 617040.0 mi61$24,515,900$350,000$401,900
61705Bloomington, IL 617053.1 mi41$20,874,412$449,000$509,132
61736Downs, IL 617367.2 mi1$257,450$257,450$257,450
61772Shirley, IL 617728.6 mi1$189,900$189,900$189,900
61748Hudson, IL 6174810.3 mi1$235,000$235,000$235,000
61725Carlock, IL 6172513.4 mi6$1,229,850$204,975$204,975
61753Lexington, IL 6175314.0 mi2$840,000$420,000$420,000
61754McLean, IL 6175414.9 mi4$2,890,000$722,500$722,500
61728Colfax, IL 6172818.2 mi4$1,062,668$212,500$265,667
61778Waynesville, IL 6177818.6 mi1$99,000$99,000$99,000
61735Dewitt, IL 6173519.5 mi5$1,031,125$192,500$206,225
61759Minier, IL 6175920.2 mi3$768,999$260,000$256,333
61721Armington, IL 6172121.5 mi1$60,000$60,000$60,000

Frequently Asked Questions

How many homes are for sale in BLOOMINGTON, IL 61704?

As of February 2026, there are 65 active listings in BLOOMINGTON, IL (zip code 61704), compared to 50 the prior year.

What is the median home price in BLOOMINGTON, IL 61704?

The median listing price in BLOOMINGTON, IL 61704 is $377,400 as of February 2026, a 6.3% increase from $354,900 the prior year.

How long do homes stay on the market in BLOOMINGTON, IL?

Homes in BLOOMINGTON, IL 61704 spend an average of 63 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in BLOOMINGTON, IL 61704?

Based on current inventory and days-on-market data as of February 2026, BLOOMINGTON, IL 61704 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 23 days last year.

How much can I save on real estate commission in BLOOMINGTON, IL?

With SELL123.com's maximum 3% commission, sellers in BLOOMINGTON, IL 61704 save an estimated $7,548 compared to a typical 5% commission on the median listing price of $377,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.