The real estate market in Bloomington, Illinois, in May 2022
Wiki Article
In Bloomington, Illinois, the number of properties for sale climbed by 6.2% between April and May of 2022.
The average number of days that a property was on the market was 13, and the median list price of properties that were available in May 2022 was $191,910.
The following changes were observed in the listing prices of residences in this real estate market between April 2022 and May 2022: Prices of homes with one bedroom plummeted by 41.5 percent, those with two bedrooms (blog post) rose by 14.5 percent, those with three bedrooms grew by 13.2 percent, those with four bedrooms up by 12.5 percent, and those with five bedrooms jumped by 38.2 percent.
The volume of homes for sale changed as follows: the volume of 1 bedroom homes decreased by 44.4%, the volume of 2 bedroom homes decreased by 9.1%, the volume of 3 bedroom homes increased by 11.9%, the volume of 4 bedroom homes increased by 21.4%, and the volume of 5 bedroom homes decreased by 18.2%.
Over 60 listings were sold over their listed price in May 2022 in Bloomington, IL.
More than 15 postings sold for less than the asking amount during that time period, while 16 sold for the asking price.