Homes for Sale in Bloomington, MN

Bloomington is Minnesota's fourth-largest city, situated on the north bank of the Minnesota River. It is globally recognized as the home of the Mall of America and serves as a major hospitality and business hub. The city boasts extensive nature reserves, including the Minnesota Valley National Wildlife Refuge.

Why Live in Bloomington

Home to Mall of America
Extensive nature trails at the Wildlife Refuge
Minutes from MSP International Airport
Robust corporate and business presence

Bloomington Market Snapshot

Monthly figures from the NorthstarMLS Local Market Update.

Median Sales Price

$365,000
-2.1%vs. September 2025

% of Original List Price Received

97.8%
-1.1 ptsvs. September 2025

Days on Market

34
+3%vs. September 2025

Closed Sales

66
-40.5%vs. September 2025

Homes for Sale

189
+12.5%vs. September 2025

Months Supply

2.4
+20%vs. September 2025
Seller's market

Supply vs. Demand Trends

Bloomington Housing Market Today

Here is where the Bloomington market stood in September 2026. The median sale price has decreased by 2% from last year to $365,000, though an opposite trend in price per square foot suggests this change more likely reflects the mix of homes that sold. Homes are selling 1 day longer than last year, averaging 34 days on market, and sellers are receiving 97.8% of their original asking price. The area is currently a seller's market with 2.4 months of supply. Active inventory is up 13% from last year to 189 homes for sale.

In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.

In Bloomington, homes were most commonly built in 1950-1959, about 66% of occupied homes are owner-occupied, and the average commute is 21 minutes. Roughly 53% of homes are single-family detached, and the median home was built in 1972.

Homeowners with a mortgage typically spend $2,052 a month on housing costs, similar to the Twin Cities metro and the median property tax bill is $3,881 a year.

Read the September 2026 Bloomington market report

Data: NorthstarMLS Local Market Update via 10K Research, published October 12, 2026.

Bloomington market questions

Is Bloomington a buyer's or seller's market?

Bloomington was a seller's market in September 2026, with 2.4 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 189 homes for sale.

How fast are homes selling in Bloomington?

Homes that sold in September 2026 spent an average of 34 days on market, 1 day slower than a year earlier. Sellers received 97.8% of their original list price on average.

Are home prices going up in Bloomington?

No. The median sale price fell 2.1% year over year to $365,000. Price per square foot moved the other way (from $201 to $210), which suggests the change mostly reflects the mix of homes sold.

Living in Bloomington

Housing, cost of ownership and commuting, compared with the Twin Cities metro.

In Bloomington, homes were most commonly built in 1950-1959, about 66% of occupied homes are owner-occupied, and the average commute is 21 minutes.

Data: ACS 2020-2024 5-year estimates

What does it cost to own a home in Bloomington?

Homeowners with a mortgage typically pay $2,052 a month in housing costs and the median property tax bill is $3,881 a year.

Median home value

$361,700

Similar to the Twin Cities metro

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$3,881/yr

Similar to the Twin Cities metro

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,052/mo

Similar to the Twin Cities metro

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$807/mo

Similar to the Twin Cities metro

Median monthly housing costs for owners without a mortgage.

Median rent

$1,561/mo

Higher than the Twin Cities metro

The midpoint of monthly gross rent, including utilities.

What are homes like in Bloomington?

About 66% of occupied homes are owner-occupied and the median home was built in 1972.

Owner-occupied homes

66%

Lower than Twin Cities metro overall

The share of occupied homes lived in by their owners.

Median year built

1972

Similar to the Twin Cities metro

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2020 or later2%
  • 2010-20196%
  • 2000-20094%
  • 1990-19996%
  • 1980-198916%
  • 1970-197921%
  • 1960-196918%
  • 1950-195922%
  • 1940-19493%
  • 1939 or earlier3%

Types of homes

The share of housing units in each building type.

  • Single-family detached53%
  • Townhome / attached10%
  • 2-4 units4%
  • 5+ units34%

How do people get around in Bloomington?

The average one-way commute is 21 min and 93% of homes have broadband.

Average commute

21 min

Lower than the Twin Cities metro

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone63%
  • Carpool7%
  • Public transit4%
  • Walk or bike2%
  • Work from home22%

Homes with broadband

93%

Similar than Twin Cities metro overall

The share of households with a broadband internet subscription.

Estimates for the city as a whole. Figures are survey estimates and may differ from current market prices.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

What's Nearby in Bloomington

OpenStreetMap lists 75 parks, 33 trails, 14 beaches and boat launches, 3 libraries, 19 schools, and 9 grocery stores within the Bloomington city boundary.

Parks

75

74 named

Show all 74 parksShow fewer

Official source: City of Bloomington (opens in new tab)

Trails

33

22 named

  • 35W Bicycle & Pedestrian Crossing
  • 494 Bikeway
  • 86th Street Dedicated Lane
  • Bloomington Ferry Trail
  • Bloomington Ferry Trail Bridge
  • Bluff Trail
Show all 22 trailsShow fewer
  • Bush Lake Trail
  • Cedar Avenue Trail Bridge
  • CH101 Trail
  • CP Rail Regional Trail
  • Hogback Ridge Trail
  • Hyland Park bike trail
  • Hyland Trail
  • Lake Nokomis-Minnesota River Regional Trail
  • Long Meadow Lake Trail
  • Mid City Bikeway
  • Minnesota River Bottoms Singletrack Trail
  • Minnesota River Greenway
  • Minnesota Valley State Trail
  • Old Cedar Avenue Bridge
  • Park/Portland Bikeway
  • Pioneer Trail

Official source: City of Bloomington (opens in new tab)

Beaches and boat launches

14

2 named

  • Bush Lake Beach
  • Russell A. Sorenson Landing

Official source: City of Bloomington (opens in new tab)

Schools

19

16 named

  • Bloomington Living Hope Lutheran School
  • Community Education Center
  • Hubert Olson Elementary School
  • Hubert Olson Middle School
  • Indian Mounds Elementary School
  • Jefferson High School
Show all 16 schoolsShow fewer

Grocery stores

9

8 named

Show all 8 grocery storesShow fewer

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