Home prices
The median home price in Bloomington is $251,300. In comparison to the surrounding areas it is approximately $73,620 (22%) lower.It is approximately $33,800 (15%) higher compared to the rest of the country, and is is very similar in comparison to the city of Minneapolis.
Rents
In Bloomington the median rent is $1,178 a month. This is roughly $102 (7%) lower compared to its surrounding areas.It is roughly $116 (10%) higher in comparison to the country as a whole, and is roughly $151 (14%) higher in comparison to the city of Minneapolis.
Nearby places
Richfield
Richfield is Bloomington's neighbor to the northeast. The housing prices there are a bit less expensive. The median home cost in Richfield is $225,200, which is $26,100 (11%) lower than Bloomington. Rents there are a little less expensive. Richfield's median rent is $1,079 per month, which comes out to $99 (9%) lower than Bloomington.
Edina
Edina is Bloomington's neighbor to the northwest. The housing prices there are substantially more expensive. The median home in Edina is valued at $476,300, which is $225,000 (47%) higher than Bloomington. Rent there is a little more expensive. The median monthly rent in Edina is $1,404, which is $226 (16%) higher than Bloomington.
Burnsville
Burnsville is Bloomington's neighbor to the south. The real estate prices there are pretty similar. The cost of the median home in Burnsville is $247,500, which is $3,800 (1%) lower than Bloomington. Rents there are pretty similar. In Burnsville the median monthly rent is $1,228, which comes out to $50 (4%) higher than Bloomington.
Savage
Savage is Bloomington's neighbor to the southwest. Housing prices there are a bit more expensive. The cost of the median home in Savage is $307,500, which works out to $56,200 (18%) higher than Bloomington. The rent there is a little more expensive. The median rent in Savage is $1,286 per month, which is $108 (8%) higher than Bloomington.
Eden Prairie
Eden Prairie is Bloomington's neighbor to the west. Real estate prices there are a little more expensive. The median home in Eden Prairie costs $368,100, which is $116,800 (31%) higher than Bloomington. Its rents are a bit more expensive. In Eden Prairie the median rent is $1,402 a month, which comes out to $224 (15%) higher than Bloomington.
