Is Bloomington, IL 61705 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Bloomington is a seller’s market. With about 2.7 months of supply and 34% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.7Under 4 months = seller’s market

Sold above original list33.8%Share of sales, last 3 months

Median sale-to-list99.5%Sold price ÷ list price

Median days on market52Listing to accepted offer

Median price per sq ft$140▲ +5.0% vs. last year

Run the numbers for 61705

Prefilled for 61705Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61705Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Anchor 61720 $124 /sq ft Arrowsmith 61722Seller’s market $114 /sq ft Bellflower 61724Seller’s market $182 /sq ft Bloomington 61701Seller’s market $114 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology