Home prices
The value of the median home in Bloomington is $90,000. In comparison to its nearby areas this is about $19,940 (18%) lower.In comparison to the entire country it is roughly $127,500 (58%) lower, and it is approximately $51,800 (36%) lower compared to the city of Cedar Rapids.
Rents
Bloomington's median rent is $532 per month. In comparison to its surrounding areas it is approximately $52 (8%) lower.It is roughly $530 (49%) lower in comparison to the country as a whole, and compared to the city of Cedar Rapids it is roughly $235 (30%) lower.
Nearby places
Patch Grove
Patch Grove is roughly 3 miles northwest from Bloomington. The housing prices there are a bit more expensive. Patch Grove's median home cost is $99,200, which is $9,200 (9%) higher than Bloomington. Rents there are somewhat more expensive. The median rent in Patch Grove is $781 a month, which is $249 (31%) higher than Bloomington.
Mount Hope
Mount Hope is roughly 5 miles northeast of Bloomington. Housing prices there are somewhat less expensive. The median home in Mount Hope costs $85,000, which comes out to $5,000 (5%) lower than Bloomington. The rent there is somewhat less expensive. Mount Hope's median rent is $486 a month, which is $46 (9%) lower than Bloomington.
Lancaster
Lancaster is approximately 9 miles east of Bloomington. Its real estate prices are significantly more expensive. The cost of the median home in Lancaster is $134,900, which is $44,900 (33%) higher than Bloomington. Rents there are a little more expensive. In Lancaster the median monthly rent is $627, which comes out to $95 (15%) higher than Bloomington.
Guttenberg
Guttenberg is approximately 10 miles southwest from Bloomington. The real estate prices there are substantially more expensive. The median home in Guttenberg costs $150,100, which comes out to $60,100 (40%) higher than Bloomington. Its rents are similar. Guttenberg's median monthly rent is $539, which works out to $7 (1%) higher than Bloomington.
Cassville
Cassville is approximately 11 miles south from Bloomington. Its housing prices are a bit less expensive. The median home in Cassville is valued at $80,500, which is $9,500 (11%) lower than Bloomington. The rent there is a little less expensive. The median monthly rent in Cassville is $489, which works out to $43 (8%) lower than Bloomington.