The story of this market
The typical home in Bloomington, Minnesota sells for about $375,000, or $202 per square foot.
Prices are roughly flat from a year ago (+0.06%), a market in balance. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,000 a month.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Bloomington, Minnesota
Bloomington's housing market remains competitive with tight inventory and resilient pricing, despite broader economic headwinds. The city's strong employment base and desirable suburban amenities continue to drive steady demand, particularly for single-family homes. While sales volume has seen minor fluctuations, the market is currently characterized by a balanced, seller-friendly environment.
No ARED county foreclosure postings attributed to Bloomington yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 6 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 0.1% year over year.
Homes spend a median of 46 days on market with 0.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.75% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 9.2% — a stable, low-distress profile.
- Mall of America®4.62.9 mi
- Valleyfair4.28 mi
- Great Wolf Lodge | Minnesota3.92.7 mi
- Nickelodeon Universe4.52.9 mi
- Slick City Action Park4.518.4 mi
- U.S. Bank Stadium4.69.4 mi
- Grand Casino Arena4.612 mi
- Minneapolis Convention Center4.59 mi
- Minnesota State Fair4.711.3 mi
- Topgolf Brooklyn Center4.315.9 mi
- Mall of America®4.62.9 mi
- U.S. Bank Stadium4.69.4 mi
- Minnesota Zoo4.67.1 mi
- Como Park Zoo & Conservatory4.712 mi
- Valleyfair4.28 mi
- Minneapolis Institute of Art4.88.2 mi
- Science Museum of Minnesota4.612 mi
- University of Minnesota Landscape Arboretum4.815.6 mi
- Union Depot4.512.7 mi
- Walker Art Center4.58.8 mi
- Como Park Zoo & Conservatory4.712 mi
- University of Minnesota Landscape Arboretum4.815.6 mi
- Minneapolis Sculpture Garden4.78.9 mi
- Centennial Lakes Park4.72.3 mi
- Lake Harriet Regional Park4.86.1 mi
- Pool and Yacht Club4.79.1 mi
- Watergate Marina4.57.5 mi
- Your Boat Club Prior Lake4.78.1 mi
- Topgolf Brooklyn Center4.315.9 mi
- The Minikahda Club4.47.2 mi
- Puttery4.79.8 mi
- Braemar Golf Course4.44.6 mi
- Brookview Golf Course and Lawn Bowling4.210.3 mi
- Mall of America®4.62.9 mi
- Twin Cities Premium Outlets4.54.5 mi
- Rosedale Center4.313.4 mi
- Ridgedale Center4.411.1 mi
- Karmel Mall4.17.5 mi
- Minneapolis-Saint Paul International Airport4.45.1 mi
- Shoyu3.75.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
One of the largest shopping and entertainment complexes in the world, serving as a massive economic anchor and tourist destination for the city.
A large regional park offering extensive trails, a nature center, and recreational facilities that enhance local quality of life.
A protected area along the Minnesota River providing significant ecological value and recreational opportunities for residents.
A premier ice skating facility that hosts local hockey leagues and figure skating events, serving as a community hub for youth sports.
Bloomington is an ideal fit for families seeking established suburban neighborhoods with strong amenities, as well as professionals who value a short commute to major corporate headquarters. The city also attracts investors looking for stable rental demand driven by its central location and proximity to regional retail and entertainment anchors.
The city is served by Bloomington Public Schools, which is generally regarded as providing a stable and comprehensive educational environment. The district offers a variety of programs, including magnet schools and specialized academic tracks, to cater to a diverse student population.
The city is well-connected by major highway corridors including I-494 and I-35W, facilitating easy access to Minneapolis and St. Paul. Public transit options, including bus routes and light rail connections, provide essential links for commuters and visitors.
Bloomington offers an extensive park system, including the Hyland Lake Park Reserve and the Minnesota Valley National Wildlife Refuge, providing significant outdoor space. The city is also home to major entertainment venues like the Mall of America and the Bloomington Ice Garden, which serve as regional attractions.
The rental market in Bloomington is robust, supported by a high demand for proximity to major employment hubs and the Mall of America. Vacancy rates remain relatively low, and the city features a mix of large apartment complexes and smaller rental units, with steady rent growth observed.
Bloomington's economy is highly diversified, anchored by the retail and tourism giant Mall of America and a strong corporate presence in sectors like healthcare, technology, and professional services. The city benefits from its strategic location within the Twin Cities metro, ensuring consistent economic momentum.
Bloomington serves as a major economic hub in the Twin Cities, anchored by the Mall of America and a significant corporate office presence. Ongoing redevelopment in the South Loop district continues to drive infrastructure investment and mixed-use growth, maintaining the city's status as a key employment center.
Development planning is heavily focused on the South Loop area, aiming to increase residential density and improve connectivity between transit hubs and commercial centers. The city continues to prioritize sustainable growth and infrastructure modernization.
Parcels in Bloomington are subject to standard municipal, county, and school district levies, with no widespread MUD/PID structures common in other regions. The city manages its own utility and infrastructure districts to support local development.
Bloomington experiences crime rates typical of a large suburban city, with property crime being the primary concern. Local law enforcement actively monitors trends, and the city generally maintains a safety profile comparable to other major suburbs in the Twin Cities region.
Bloomington faces standard Midwestern climate risks, including severe thunderstorms and occasional winter weather impacts. The city manages flood risks through established infrastructure along the Minnesota River valley and Nine Mile Creek, and property insurance markets remain stable.
Property insurance markets in Bloomington are stable, with premiums reflecting standard regional risks such as wind and hail. Residents generally have access to a competitive range of providers.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and QuickFacts.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.