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Bloomington, MN Housing

 
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As of 2010-2014, median price of a house in Bloomington is $216,100, which is higher than the state average of $185,200 and is higher than the national average of $175,700. The Bloomington median house value has grown by 47.01% since 2000. The growth rate for the price of a house in Bloomington is lower than the state average rate of 51.31% and is about the same as the national average rate of 46.91%. The median year that a house in Bloomington was built is 1969, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 25,219 Owner Occupied Houses in Bloomington, MN, #92
Bloomington, MN
216,100 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #554
Bloomington, MN
47.01%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Bloomington, MNMinnesotaU.S.
Total Housing Units38,375, see rank, 100%2,364,149132,741,033
Occupied Housing Units36,608, 95.40%, see rank89.48%87.55%
Owner Occupied25,219, 65.72%, see rank64.51%56.34%
Renter Occupied11,389, 29.68%, see rank24.96%31.21%
Vacant Housing Units1,767, 4.60%, see rank10.52%12.45%
For Rent429, 1.12%, see rank1.22%2.34%
For Sale Only408, 1.06%, see rank0.96%1.20%
Rented or Sold, Not Occupied269, 0.70%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use265, 0.69%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant396, 1.03%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #393
Bloomington, MNMinnesotaU.S.
196919751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Bloomington, MN%MinnesotaU.S.
Owner-Occupied Units25,219100%1,525,20174,787,460
With a Mortgage16,61765.89%, see rank68.78%65.58%
Without a Mortgage8,60234.11%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Bloomington, MN
1,636 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsBloomington, MN%MinnesotaU.S.
$299 or Less300.18%, see rank0.18%0.20%
$300 to $4991040.63%, see rank1.30%1.59%
$500 to $6994312.59%, see rank4.08%5.01%
$700 to $9991,0886.55%, see rank12.50%14.32%
$1,000 to $1,4995,11930.81%, see rank30.43%27.90%
$1,500 to $1,9995,24831.58%, see rank25.36%20.35%
$2,000 to $2,9993,59021.60%, see rank19.32%19.52%
$3,000 or More1,0076.06%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Bloomington, MN
22.60% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Bloomington, MN%MinnesotaU.S.
10% or Less1,0906.56%, see rank6.13%5.86%
10% to 20%5,66334.08%, see rank35.03%31.95%
20% to 30%5,06130.46%, see rank30.01%27.64%
30% to 40%2,01512.13%, see rank12.88%13.74%
40% or More2,72616.40%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Bloomington, MN
533 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsBloomington, MN%MinnesotaU.S.
$199 or Less2302.67%, see rank4.45%7.76%
$200 to $2994465.18%, see rank10.96%14.70%
$300 to $4992,93734.14%, see rank39.99%34.63%
$500 to $6993,42139.77%, see rank27.38%21.16%
$700 or More1,56818.23%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Bloomington, MN
11.60% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Bloomington, MN%MinnesotaU.S.
10% or Less3,69842.99%, see rank43.57%40.19%
10% to 20%2,71431.55%, see rank31.28%31.47%
20% to 30%1,11913.01%, see rank11.58%12.24%
30% to 40%4164.84%, see rank5.05%5.64%
40% or More5336.20%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Bloomington, MNMinnesotaU.S.
Total Housing Units38,375, 100%2,364,149132,741,033
1-unit, Detached22,095, 57.58%, see rank67.25%61.65%
1-unit, Attached3,584, 9.34%, see rank7.45%5.82%
2 Units198, 0.52%, see rank2.34%3.75%
3 or 4 Units692, 1.80%, see rank2.08%4.43%
5 to 9 Units556, 1.45%, see rank2.23%4.78%
10 or More Units11,024, 28.73%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.226, 0.59%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Bloomington, MNMinnesotaU.S.
Total Housing Units38,375, 100%2,364,149132,741,033
1 Room369, 0.96%, see rank1.54%1.95%
2 Rooms1,448, 3.77%, see rank2.83%2.48%
3 Rooms4,308, 11.23%, see rank9.20%9.13%
4 Rooms5,681, 14.80%, see rank14.05%16.60%
5 Rooms5,712, 14.88%, see rank15.52%20.41%
6 Rooms4,888, 12.74%, see rank14.98%18.06%
7 Rooms4,237, 11.04%, see rank12.86%12.27%
8 Rooms4,321, 11.26%, see rank11.01%8.48%
9 Rooms or More7,411, 19.31%, see rank18.01%10.60%
Median Rooms5.80, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Bloomington, MNMinnesotaU.S.
Total Housing Units38,375, 100%2,364,149132,741,033
No Bedroom556, 1.45%, see rank1.76%2.17%
1 Bedroom6,102, 15.90%, see rank11.71%11.16%
2 Bedrooms10,780, 28.09%, see rank26.64%26.69%
3 Bedrooms11,555, 30.11%, see rank34.15%39.70%
4 Bedrooms7,454, 19.42%, see rank19.81%16.05%
5 or More Bedrooms1,928, 5.02%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Bloomington, MNMinnesotaU.S.
Total Housing Units36,608, 100%2,115,337116,211,092
Utility Gas29,697, 81.12%, see rank66.78%48.85%
Bottled, Tank, or LP Gas425, 1.16%, see rank10.05%4.86%
Electricity5,366, 14.66%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.151, 0.41%, see rank2.62%5.86%
Coal or Coke11, 0.03%, see rank0.03%0.12%
Wood91, 0.25%, see rank2.55%2.12%
Solar Energy5, 0.01%, see rank0.02%0.05%
Other Fuel543, 1.48%, see rank1.17%0.47%
No Fuel Used319, 0.87%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalBloomington, MNMinnesotaU.S.
Occupied Units Paying Rent11,172, 100%562,19839,201,928
$199 or Less144, 1.29%, see rank2.46%1.50%
$200 to $299257, 2.30%, see rank4.66%3.18%
$300 to $499503, 4.50%, see rank9.32%7.37%
$500 to $699560, 5.01%, see rank17.06%16.01%
$700 to $9994,808, 43.04%, see rank33.30%29.17%
$1,000 to $1,4993,671, 32.86%, see rank23.49%26.88%
$1,500 to $1,999832, 7.45%, see rank7.02%9.79%
$2,000 or More397, 3.55%, see rank2.69%6.10%
Median$956, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Bloomington, MNMinnesotaU.S.
Occupied Housing Units36,608, 100%2,115,337116,211,092
No Vehicles Available2,490, 6.80%, see rank7.25%9.12%
1 Vehicles Available13,185, 36.02%, see rank30.11%33.80%
2 Vehicles Available14,584, 39.84%, see rank40.67%37.48%
3 or More Vehicles Available6,349, 17.34%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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