Frequently Asked Questions

Are house prices dropping in Bloomington?

The house prices in Bloomington are indeed dropping at the moment. There has been a decrease in price of $22,252.74. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Bloomington at this time?

The housing market and house prices in Bloomington are going down. The average house price is $379,900.00 and the average price per square feet is $220.22 per square foot. At the moment, there are 3447 homes listed - 723 active, 42 pending, and 2682 sold in Bloomington.

What is the most popular place to buy a house in Bloomington?

The most popular place to buy a home in Bloomington is 5307 - Monroe - Perry. 5307 - Monroe - Perry has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Bloomington?

The average amount of property taxes you would have to pay for a home in Bloomington is $5,964,335.34. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Bloomington being sold?

Properties in Bloomington stay on the market for an average of 85 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Bloomington?

The last home listed in Bloomington was 219 minutes ago.

Can you visit houses in Bloomington?

Currently, there are 3 open houses available for viewing in Bloomington.

What is the most expensive house in Bloomington?

The cost of the most expensive home in Bloomington is $3,999,999.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Bloomington?

The cost of the cheapest home in Bloomington is $79,900.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Bloomington?

The oldest home in Bloomington was built in 1866, and the newest in 2026.

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How big are the homes in Bloomington?

The average property size in Bloomington is 2258.54 sq.ft., the largest being 10193 sq.ft., and the smallest being 460 sq.ft.

Semi-Annual Property Tax:

$753.06

Quick View

Address:

1240 S Barnes Drive Bloomington IN 47401

Status:

Active

On Site:

236 Days On Site

Price:

$80, 000

Lot Size:

0.36

County:

Monroe County

Township:

Perry

MLS #:

202545252

Property Type:

Residential Land

Community Information

City:

Bloomington

Subdivision:

Gentry East

Zip Code:

47401

Active

$80,000

Beds

Baths

Sq. Ft.

1240 S Barnes Drive, Bloomington, IN, 47401

Est. Payments: $0/mo

Lots and land

Built in null

236 days on Site

0.36 Lot Size

Additional Details

Contact Agent

Lynette Marshall

F.C. Tucker Company, Inc.

(812) 330-7531

View Profile

Description

Beautiful wooded lot in Gentry East that is ready for your dream home!...

Source: IRMLS as distributed by MLS GRID, MLS ID: 202545252

Listing provided courtesy of Lynette Marshall 812-336-7300 with FC Tucker/Bloomington REALTORS

Last Updated: 5/16/2026 | 7:46 AM

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About the Neighborhood

Zip Code 47401 offers a peaceful environment with low traffic noise, creating a quiet and comfortable setting. The neighborhood features mostly two and three-bedroom single detached homes alongside small apartment buildings, reflecting a diverse housing mix built around 1985. Several grocery stores are available within easy reach by car, along with pharmacies and a handful of restaurants and coffee shops, providing convenient daily necessities. The comprehensive cycling network enhances mobility for cycling travel throughout the area. A variety of public and private schools serve the community across multiple education levels, supporting an accessible educational framework. Multiple bus lines provide access to transit options near most residences.

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Bloomington Market Report

Avg. Days on Market

100

Avg. Price Per Sq. Ft.

222.85

Median List Price

$393,750

Homes Listed

715