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.
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Location Overview
- Zip Code: 47403
- City: Bloomington
- State: IN
- Metro Area: Bloomington, IN
- County Name: MONROE COUNTY
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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%
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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%
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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%
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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%