Bloomington, IN home prices
Typical home $297,191 · +1.6% in a year · income needed $82,500
The Bloomington, IN metro area ranks 327 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.6% in a year and +21.5% over five years. With 20% down at 7.11%, the typical home costs about $1,925 a month including 0.71% property tax (Monroe County rate).
Mortgage on the typical Bloomington home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,438 | $237,753 | $1,599 | $0 | $325 | $1,925 | $82,500 |
| 10% down | $29,719 | $267,472 | $1,799 | $111 | $325 | $2,236 | $95,800 |
| 5% down | $14,860 | $282,331 | $1,899 | $118 | $325 | $2,342 | $100,400 |
| 3.5% down (FHA) | $10,402 | $291,808 | $1,963 | $131 | $325 | $2,420 | $103,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.71% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Bloomington area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Monroe County, IN | $309,871 | +1.2% | 0.71% |
| Owen County, IN | $234,540 | +4.6% | 0.66% |
What can you afford in Indiana on your salary? · Indiana home prices · Salaries in Indiana
Frequently asked questions
How much is a house in Bloomington?
The typical home in the Bloomington, IN metro area is worth $297,191 (Zillow, September 2026).
What salary do you need to buy a house in Bloomington?
About $82,500 a year for the typical home with 20% down at 7.11%.