Home prices
The price of the median home in Bloomington is $168,300. This is about $8,980 (5%) higher in comparison to its nearby areas.In comparison to the rest of the nation it is about $49,200 (22%) lower, and is about $6,500 (4%) higher in comparison to the city of Champaign.
Rents
In Bloomington the median rent is $836 a month. This is roughly $26 (3%) lower in comparison to nearby areas.Compared to the United States as a whole it is roughly $226 (21%) lower, and is approximately $116 (12%) lower compared to the city of Champaign.
Nearby places
Normal
Normal is Bloomington's neighbor to the north. The housing prices there are fairly similar. The median home cost in Normal is $170,200, which works out to $1,900 (1%) higher than Bloomington. Rents there are pretty similar. Normal's median monthly rent is $875, which comes out to $39 (4%) higher than Bloomington.
Downs
Downs is roughly 6 miles southeast of Bloomington. The housing prices there are somewhat more expensive. The median home in Downs is valued at $178,400, which is $10,100 (5%) higher than Bloomington. Rent there is a little more expensive. The median rent in Downs is $906 per month, which works out to $70 (7%) higher than Bloomington.
Towanda
Towanda is approximately 6 miles northeast from Bloomington. Its real estate prices are a little less expensive. The median home in Towanda costs $137,200, which is $31,100 (22%) lower than Bloomington. Its rents are somewhat less expensive. Towanda's median rent is $721 a month, which works out to $115 (15%) lower than Bloomington.
Hudson
Hudson is roughly 8 miles north from Bloomington. Its housing prices are pretty similar. The median home in Hudson costs $176,300, which works out to $8,000 (4%) higher than Bloomington. Rents there are somewhat more expensive. In Hudson the median monthly rent is $990, which comes out to $154 (15%) higher than Bloomington.
Danvers
Danvers is roughly 9 miles west of Bloomington. Its housing prices are a bit less expensive. The median home in Danvers is valued at $134,500, which comes out to $33,800 (25%) lower than Bloomington. Rents there are fairly similar. Danvers's median monthly rent is $819, which is $17 (2%) lower than Bloomington.