Bloomington, IN 47403 - Real Estate Investment Insights & Performance Data

Welcome to our 47403 real estate data hub, tailored for investors in Bloomington, IN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 47403 in Bloomington, IN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MONROE COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Bloomington, IN real estate investing. Uncover the wealth of information available, and position yourself for success in the Bloomington property market.

• Location Overview

  • Zip Code: 47403
  • City: Bloomington
  • State: IN
  • Metro Area: Bloomington, IN
  • County Name: MONROE COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $254,531
  • Average Home Price (Single Family Homes): $256,476
  • Average Monthly Rental Price (All Types): $1,200
  • Price-to-Rent Ratio: 18
  • Zillow Projected % appreciation from 4/2023-4/2024: 2.1%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,040
  • Average 3 Bedroom Section 8 Rental Rates: $1,460
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.4
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.53
  • Number of Units Offered in Section 8 in the County: 483
  • Number of Occupied Units in Section 8 in the County: 472
  • Percentage of Section 8 Units Occupied in the County: 97.80000305%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 257.18
  • Total % Appreciation since 2000 (Government Data): 129.41
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.28%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.86%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.95%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 56.86%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 96.05%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 99.23%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.83%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.28%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%