BLOOMINGTON Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Bloomington averaged
6.46%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.57% and
one month ago for the week of 2024-10-10, the
average rate was 6.1%.
Bloomington's average rate one year ago was 7.18%.
For refis of the same type during the week of 2024-11-14, the average rate
was 6.98%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Bloomington 30 Year Fixed Rate | 2024-11-14 | 6.46% |
| Bloomington 30 Year Fixed Rate Refi | 2024-11-14 | 6.98% |
| Bloomington 15 Year Fixed Rate | 2024-11-14 | 6.22% |
| Bloomington 15 Year Fixed Rate Refi | 2024-11-14 | 6.09% |
| Bloomington 30 Year FHA | 2024-11-14 | -0.17% |
| Bloomington 30 Year FHA Refi | 2024-11-14 | 0% |
| Bloomington 30 Year USDA | 2024-11-14 | -0.1% |
| Bloomington 30 Year USDA Refi | 2024-11-14 | 0% |
| Bloomington 30 Year VA | 2024-11-14 | -0.09% |
| Bloomington 30 Year VA Refi | 2024-11-14 | 0.2% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BLOOMINGTON, IL.
BLOOMINGTON Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BLOOMINGTON, IL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
BLOOMINGTON Average Closing Costs & Other Stats
BLOOMINGTON, IL's 111 lenders originated 2,987
loans during 2023. The total origination value was $562,975,000, with an average loan value of
$188,475.
BLOOMINGTON's average closing costs are $3,172.
The top BLOOMINGTON lender as defined by loan originations is FIRST STATE MORTGAGE SERVICES, LLC, with
519 loans originated. Their average total fees are
$3,557, which is $697
lower than the next largest lender,
COMPASS MORTGAGE, INC..
The lowest fee BLOOMINGTON lenders (with over 10 loans originated) are
CITIZENS EQUITY FIRST ($1,639), Heartland Bank and Trust Company ($1,858), IAA Credit Union ($1,966), ILLINOIS STATE CREDIT UNION ($2,092) and Bank of Pontiac ($2,364).
The lowest rate BLOOMINGTON lenders (with over 10 loans originated) are
Flagstar Bank, FSB (6.26%), CITIZENS EQUITY FIRST (6.29%), Morton Community Bank (6.35%), IAA Credit Union (6.38%) and Busey Bank (6.40%).
BLOOMINGTON, IL Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| FIRST STATE MORTGAGE SERVICES, LLC | $132,590,000 | $141,890,000 | 7.0% | 25.2% |
| Morton Community Bank | $27,235,000 | $43,095,000 | 58.2% | 7.7% |
| CITIZENS EQUITY FIRST | $44,420,000 | $31,195,000 | -29.8% | 5.5% |
| QUICKEN LOANS, LLC | $29,990,000 | $21,725,000 | -27.6% | 3.9% |
| COMPASS MORTGAGE, INC. | $10,570,000 | $20,730,000 | 96.1% | 3.7% |
| PNC Bank | $26,010,000 | $19,970,000 | -23.2% | 3.5% |
| Busey Bank | $62,445,000 | $16,670,000 | -73.3% | 3.0% |
| First State Bank | $655,000 | $15,240,000 | 2,226.7% | 2.7% |
| Heartland Bank and Trust Company | $18,310,000 | $14,845,000 | -18.9% | 2.6% |
| ILLINOIS STATE CREDIT UNION | $13,685,000 | $11,725,000 | -14.3% | 2.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $10,030,000 | $11,355,000 | 13.2% | 2.0% |
| IAA Credit Union | $6,620,000 | $11,015,000 | 66.4% | 2.0% |
| FLAT BRANCH MORTGAGE, INC. | $10,330,000 | $8,990,000 | -13.0% | 1.6% |
| Ixonia Bank | $8,945,000 | n/a | 1.6% | |
| Bank of Pontiac | $12,960,000 | $8,700,000 | -32.9% | 1.5% |
| JPMorgan Chase Bank | $14,650,000 | $8,390,000 | -42.7% | 1.5% |
| INB | $16,800,000 | $8,215,000 | -51.1% | 1.5% |
| Merchants Capital Corp. | $7,335,000 | n/a | 1.3% | |
| Mortgage Research Center, LLC | $5,620,000 | $7,100,000 | 26.3% | 1.3% |
| Flanagan State Bank | $10,775,000 | $6,720,000 | -37.6% | 1.2% |
| Prairie State Bank and Trust | $15,380,000 | $6,595,000 | -57.1% | 1.2% |
| First State Bank | $655,000 | $6,435,000 | 882.4% | 1.1% |
| U.S. Bank | $12,870,000 | $6,240,000 | -51.5% | 1.1% |
| CIBM Bank | $1,465,000 | $5,910,000 | 303.4% | 1.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $14,050,000 | $5,215,000 | -62.9% | 0.9% |
| CONSUMERS COOPERATIVE CREDIT UNION | $4,580,000 | n/a | 0.8% | |
| Wells Fargo Bank | $12,775,000 | $4,365,000 | -65.8% | 0.8% |
| Flagstar Bank, FSB | $43,860,000 | $3,865,000 | -91.2% | 0.7% |
| Marine Bank | $15,505,000 | $3,375,000 | -78.2% | 0.6% |
| Old National Bank | $35,000 | $2,930,000 | 8,271.4% | 0.5% |
| GUARANTEED RATE, INC. | $7,435,000 | $2,920,000 | -60.7% | 0.5% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,480,000 | $2,875,000 | 94.3% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $1,050,000 | $2,705,000 | 157.6% | 0.5% |
| Commerce Bank | $5,135,000 | $2,465,000 | -52.0% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,640,000 | $2,395,000 | -34.2% | 0.4% |
| First State Bank of Forrest | $2,910,000 | $2,135,000 | -26.6% | 0.4% |
| Goodfield State Bank | $1,825,000 | $1,940,000 | 6.3% | 0.3% |
| Discover Bank | $660,000 | $1,905,000 | 188.6% | 0.3% |
| CALIBER HOME LOANS, INC. | $3,750,000 | $1,775,000 | -52.7% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,780,000 | $1,730,000 | -37.8% | 0.3% |
| The Loan Store, Inc. | $570,000 | $1,530,000 | 168.4% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $4,535,000 | $1,520,000 | -66.5% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $2,770,000 | $1,500,000 | -45.8% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,370,000 | $1,450,000 | 5.8% | 0.3% |
| Bank of America | $1,340,000 | $1,415,000 | 5.6% | 0.3% |
| United Community Bank | $1,390,000 | $1,380,000 | -0.7% | 0.2% |
| First Federal Savings Bank of Champaign-Urbana | $645,000 | $1,345,000 | 108.5% | 0.2% |
| The Huntington National Bank | $670,000 | $1,245,000 | 85.8% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $960,000 | $1,160,000 | 20.8% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $2,930,000 | $1,105,000 | -62.3% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $730,000 | $1,065,000 | 45.9% | 0.2% |
| Carrollton Bank | $2,580,000 | $1,045,000 | -59.5% | 0.2% |
| COMPEER FINANCIAL, FLCA | $610,000 | $1,020,000 | 67.2% | 0.2% |
| LEADERONE FINANCIAL CORPORATION | $755,000 | $1,015,000 | 34.4% | 0.2% |
| DAS Acquisition Company, LLC | $405,000 | $990,000 | 144.4% | 0.2% |
| GUILD MORTGAGE COMPANY | $365,000 | $970,000 | 165.8% | 0.2% |
| First Security Bank | $965,000 | n/a | 0.2% | |
| State Bank of Graymont | $1,280,000 | $950,000 | -25.8% | 0.2% |
| Petefish, Skiles & Co. | $965,000 | $945,000 | -2.1% | 0.2% |
| FREEDOM MORTGAGE CORPORATION | $3,525,000 | $925,000 | -73.8% | 0.2% |
| UNIVERSITY OF ILLINOIS COMMUNITY | $370,000 | $920,000 | 148.6% | 0.2% |
| First Financial Bank | $420,000 | $900,000 | 114.3% | 0.2% |
| LOANDEPOT.COM, LLC | $5,440,000 | $885,000 | -83.7% | 0.2% |
| Bank of Gibson City | $865,000 | n/a | 0.2% | |
| BROKER SOLUTIONS, INC. | $165,000 | $830,000 | 403.0% | 0.1% |
| DIGITAL Federal Credit Union | $1,260,000 | $825,000 | -34.5% | 0.1% |
| USAA Federal Savings Bank | $2,500,000 | $825,000 | -67.0% | 0.1% |
| Regions Bank | $2,110,000 | $800,000 | -62.1% | 0.1% |
| Armed Forces Bank | $730,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $725,000 | n/a | 0.1% | |
| NEWREZ LLC | $1,025,000 | $720,000 | -29.8% | 0.1% |
| Havana National Bank | $685,000 | n/a | 0.1% | |
| Ottawa Savings Bank | $2,395,000 | $680,000 | -71.6% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $545,000 | $650,000 | 19.3% | 0.1% |
| NBKC BANK | $1,440,000 | $640,000 | -55.6% | 0.1% |
| The Fisher National Bank | $2,190,000 | $640,000 | -70.8% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $170,000 | $620,000 | 264.7% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $615,000 | n/a | 0.1% | |
| Mid-Illini Credit Union | $1,040,000 | $605,000 | -41.8% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,220,000 | $600,000 | -50.8% | 0.1% |
| Plains Commerce Bank | $585,000 | n/a | 0.1% | |
| Bank of Springfield | $735,000 | $575,000 | -21.8% | 0.1% |
| Iroquois Federal Savings and Loan Association | $1,030,000 | $575,000 | -44.2% | 0.1% |
| Summit Credit Union | $205,000 | $545,000 | 165.9% | 0.1% |
| Fifth Third Bank | $795,000 | $525,000 | -34.0% | 0.1% |
| CARDINAL FINANCIAL | $750,000 | $520,000 | -30.7% | 0.1% |
| Hickory Point Bank and Trust | $210,000 | $475,000 | 126.2% | 0.1% |
| Figure Lending LLC | $120,000 | $450,000 | 275.0% | 0.1% |
| HEARTLAND | $445,000 | n/a | 0.1% | |
| Midland States Bank | $555,000 | $445,000 | -19.8% | 0.1% |
| First United Bank and Trust Company | $435,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $420,000 | n/a | 0.1% | |
| S1L, Inc. | $420,000 | n/a | 0.1% | |
| PROPER RATE, LLC | $305,000 | $385,000 | 26.2% | 0.1% |
| 1786 | $380,000 | n/a | 0.1% | |
| Bankers' Bank | $515,000 | $380,000 | -26.2% | 0.1% |
| First American Bank | $250,000 | $380,000 | 52.0% | 0.1% |
| GSF Mortgage Corporation | $375,000 | n/a | 0.1% | |
| PURDUE FEDERAL CREDIT UNION | $375,000 | n/a | 0.1% | |
| GUIDANCE RESIDENTIAL, LLC | $585,000 | $365,000 | -37.6% | 0.1% |
| Prosperity Home Mortgage, LLC | $355,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $445,000 | $350,000 | -21.3% | 0.1% |
| Access Bank | $345,000 | n/a | 0.1% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $335,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $330,000 | n/a | 0.1% | |
| Ally Bank | $260,000 | $320,000 | 23.1% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,025,000 | $310,000 | -69.8% | 0.1% |
| First Savings Bank | $155,000 | $310,000 | 100.0% | 0.1% |
| Washington State Bank | $310,000 | n/a | 0.1% | |
| CBI Bank & Trust | $230,000 | $295,000 | 28.3% | 0.1% |
| FCB Banks | $295,000 | n/a | 0.1% | |
| First Federal Bank | $295,000 | n/a | 0.1% | |
| TOWNE MORTGAGE COMPANY | $295,000 | n/a | 0.1% | |
| Deere Employees Credit Union | $290,000 | n/a | 0.1% | |
| Mutual Federal Bank | $285,000 | n/a | 0.1% | |
| RBC Bank, (Georgia) | $805,000 | $285,000 | -64.6% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $280,000 | n/a | 0.0% | |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $1,420,000 | $280,000 | -80.3% | 0.0% |
| First Mid Bank & Trust | $1,170,000 | $280,000 | -76.1% | 0.0% |
| MORTGAGE ACCESS CORP. | $325,000 | $275,000 | -15.4% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $180,000 | $275,000 | 52.8% | 0.0% |
| First Bank | $85,000 | $265,000 | 211.8% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $260,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $250,000 | n/a | 0.0% | |
| Carrington Mortgage Services, LLC | $220,000 | $250,000 | 13.6% | 0.0% |
| ZILLOW HOME LOANS, LLC | $345,000 | $245,000 | -29.0% | 0.0% |
| CMG MORTGAGE, INC. | $395,000 | $235,000 | -40.5% | 0.0% |
| Streator Onized Credit Union | $90,000 | $230,000 | 155.6% | 0.0% |
| FIRST COMMUNITY | $225,000 | n/a | 0.0% | |
| First Merchants Bank | $225,000 | n/a | 0.0% | |
| Fortress Bank | $175,000 | $225,000 | 28.6% | 0.0% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $225,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $225,000 | n/a | 0.0% | |
| THE ANDERSON FINANCIAL GROUP, INC. | $225,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $360,000 | $220,000 | -38.9% | 0.0% |
| AIR ACADEMY | $215,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $215,000 | n/a | 0.0% | |
| SENB Bank | $215,000 | n/a | 0.0% | |
| Truist | $215,000 | n/a | 0.0% | |
| UIF CORPORATION | $185,000 | $215,000 | 16.2% | 0.0% |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| Central Bank Illinois | $765,000 | $205,000 | -73.2% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $205,000 | n/a | 0.0% | |
| Coastal Community Bank | $200,000 | n/a | 0.0% | |
| GREAT LAKES | $325,000 | $200,000 | -38.5% | 0.0% |
| Byline Bank | $195,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $195,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $305,000 | $195,000 | -36.1% | 0.0% |
| The First National Bank of Ottawa | $195,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $775,000 | $185,000 | -76.1% | 0.0% |
| NEW DAY FINANCIAL, LLC | $290,000 | $185,000 | -36.2% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $25,000 | $180,000 | 620.0% | 0.0% |
| Arvest Bank | $145,000 | $175,000 | 20.7% | 0.0% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $95,000 | $175,000 | 84.2% | 0.0% |
| Residential Mortgage Solutions, Inc. | $175,000 | n/a | 0.0% | |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $525,000 | $165,000 | -68.6% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $165,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $65,000 | $165,000 | 153.8% | 0.0% |
| Bank of England | $615,000 | $155,000 | -74.8% | 0.0% |
| Land of Lincoln Credit Union | $155,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $155,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $865,000 | $150,000 | -82.7% | 0.0% |
| Horizon Bank | $145,000 | n/a | 0.0% | |
| Centier Bank | $140,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $225,000 | $135,000 | -40.0% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $125,000 | n/a | 0.0% | |
| Nicolet National Bank | $125,000 | n/a | 0.0% | |
| Credit Union 1 | $120,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $505,000 | $120,000 | -76.2% | 0.0% |
| Community Mortgage Banc Corporation | $115,000 | n/a | 0.0% | |
| GMFS LLC | $115,000 | n/a | 0.0% | |
| I. H. MISSISSIPPI VALLEY CREDIT UNION | $115,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $115,000 | n/a | 0.0% | |
| NFM, INC. | $115,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $105,000 | n/a | 0.0% | |
| First National Bank in Tremont | $105,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $390,000 | $105,000 | -73.1% | 0.0% |
| Boeing Employees Credit Union | $320,000 | $100,000 | -68.8% | 0.0% |
| First National Bank of America | $95,000 | n/a | 0.0% | |
| MidAmerica National Bank | $95,000 | n/a | 0.0% | |
| Midwest Bank | $95,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $335,000 | $95,000 | -71.6% | 0.0% |
| POINT Mortgage | $85,000 | n/a | 0.0% | |
| Citizens Bank | $280,000 | $75,000 | -73.2% | 0.0% |
| Servion, Inc. | $1,040,000 | $75,000 | -92.8% | 0.0% |
| SouthStar Bank, S.S.B. | $75,000 | n/a | 0.0% | |
| American Community Bank of Indiana | $65,000 | n/a | 0.0% | |
| Citibank | $120,000 | $65,000 | -45.8% | 0.0% |
| First Western Federal Savings Bank | $65,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $650,000 | $35,000 | -94.6% | 0.0% |
| Bethpage Federal Credit Union | $25,000 | n/a | 0.0% | |
| GREENSTATE CREDIT UNION | $35,000 | $25,000 | -28.6% | 0.0% |
| STAR USA FEDERAL CREDIT UNION | $25,000 | $25,000 | 0.0% | 0.0% |
| BMO Harris Bank | $490,000 | $5,000 | -99.0% | 0.0% |
BLOOMINGTON's top lender by overall market share is FIRST STATE MORTGAGE SERVICES, LLC, with 25.2% market share. In second place, with 7.7%, is Morton Community Bank, having originated $43,095,000 in loans. In third place, with 5.5%, is CITIZENS EQUITY FIRST, having originated $31,195,000 in loans. In fourth place, with 3.9%, is QUICKEN LOANS, LLC, having originated $21,725,000 in loans. In fifth place, with 3.7%, is COMPASS MORTGAGE, INC., having originated $20,730,000 in loans.
BLOOMINGTON Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - BLOOMINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $171,950 (16.9%) | $202,938 (3.7%) | 0.64 | 716 |
| 2018-02-01 | $179,950 (19.2%) | $213,189 (4.2%) | 0.65 | 774 |
| 2018-03-01 | $184,900 (12.1%) | $218,065 (2.4%) | 0.65 | 855 |
| 2018-04-01 | $189,000 (8.0%) | $221,125 (2.1%) | 0.64 | 934 |
| 2018-05-01 | $188,050 (7.5%) | $216,847 (1.9%) | 0.63 | 963 |
| 2018-06-01 | $186,000 (6.7%) | $215,032 (1.6%) | 0.62 | 975 |
| 2018-07-01 | $182,450 (5.5%) | $212,242 (1.0%) | 0.61 | 997 |
| 2018-08-01 | $179,900 (8.6%) | $209,457 (2.0%) | 0.60 | 945 |
| 2018-09-01 | $174,900 (3.5%) | $209,431 (1.3%) | 0.59 | 900 |
| 2018-10-01 | $168,000 (-1.2%) | $205,573 (-1.4%) | 0.57 | 847 |
| 2018-11-01 | $162,400 (-3.4%) | $204,031 (0.2%) | 0.55 | 790 |
| 2018-12-01 | $157,250 (-4.7%) | $193,801 (-3.9%) | 0.54 | 680 |
| 2019-01-01 | $159,900 (-7.0%) | $193,588 (-4.6%) | 0.55 | 609 |
| 2019-02-01 | $163,700 (-9.0%) | $197,782 (-7.2%) | 0.55 | 553 |
| 2019-03-01 | $169,900 (-8.1%) | $205,736 (-5.7%) | 0.56 | 598 |
| 2019-04-01 | $169,900 (-10.1%) | $204,835 (-7.4%) | 0.54 | 657 |
| 2019-05-01 | $165,750 (-11.9%) | $202,511 (-6.6%) | 0.52 | 714 |
| 2019-06-01 | $167,250 (-10.1%) | $203,448 (-5.4%) | 0.52 | 736 |
| 2019-07-01 | $169,900 (-6.9%) | $207,415 (-2.3%) | 0.53 | 747 |
| 2019-08-01 | $167,173 (-7.1%) | $206,131 (-1.6%) | 0.53 | 718 |
| 2019-09-01 | $163,082 (-6.8%) | $202,413 (-3.4%) | 0.52 | 680 |
| 2019-10-01 | $159,900 (-4.8%) | $200,411 (-2.5%) | 0.52 | 654 |
| 2019-11-01 | $158,250 (-2.6%) | $200,081 (-1.9%) | 0.52 | 558 |
| 2019-12-01 | $149,950 (-4.6%) | $197,303 (1.8%) | 0.50 | 495 |
| 2020-01-01 | $149,950 (-6.2%) | $199,928 (3.3%) | 0.50 | 455 |
| 2020-02-01 | $159,250 (-2.7%) | $199,223 (0.7%) | 0.52 | 444 |
| 2020-03-01 | $166,625 (-1.9%) | $212,557 (3.3%) | 0.52 | 468 |
| 2020-04-01 | $173,675 (2.2%) | $218,319 (6.6%) | 0.54 | 430 |
| 2020-05-01 | $165,000 (-0.5%) | $218,905 (8.1%) | 0.50 | 401 |
| 2020-06-01 | $168,242 (0.6%) | $217,022 (6.7%) | 0.50 | 372 |
| 2020-07-01 | $170,600 (0.4%) | $225,341 (8.6%) | 0.49 | 349 |
| 2020-08-01 | $159,900 (-4.4%) | $217,269 (5.4%) | 0.46 | 335 |
| 2020-09-01 | $150,975 (-7.4%) | $206,863 (2.2%) | 0.43 | 320 |
| 2020-10-01 | $139,900 (-12.5%) | $198,948 (-0.7%) | 0.40 | 288 |
| 2020-11-01 | $142,750 (-9.8%) | $198,205 (-0.9%) | 0.42 | 273 |
| 2020-12-01 | $137,450 (-8.3%) | $191,519 (-2.9%) | 0.41 | 234 |
| 2021-01-01 | $135,000 (-10.0%) | $186,380 (-6.8%) | 0.40 | 199 |
| 2021-02-01 | $141,000 (-11.5%) | $204,275 (2.5%) | 0.41 | 170 |
| 2021-03-01 | $147,500 (-11.5%) | $219,262 (3.2%) | 0.42 | 152 |
| 2021-04-01 | $164,900 (-5.1%) | $238,622 (9.3%) | 0.45 | 148 |
| 2021-05-01 | $179,900 (9.0%) | $253,087 (15.6%) | 0.48 | 149 |
| 2021-06-01 | $177,425 (5.5%) | $257,306 (18.6%) | 0.47 | 157 |
| 2021-07-01 | $175,000 (2.6%) | $256,729 (13.9%) | 0.46 | 168 |
| 2021-08-01 | $164,825 (3.1%) | $238,062 (9.6%) | 0.44 | 186 |
| 2021-09-01 | $164,975 (9.3%) | $237,430 (14.8%) | 0.44 | 179 |
| 2021-10-01 | $149,750 (7.0%) | $208,996 (5.1%) | 0.40 | 167 |
| 2021-11-01 | $150,250 (5.3%) | $222,718 (12.4%) | 0.40 | 151 |
| 2021-12-01 | $147,450 (7.3%) | $234,114 (22.2%) | 0.40 | 130 |
| 2022-01-01 | $148,500 (10.0%) | $237,873 (27.6%) | 0.40 | 101 |
| 2022-02-01 | $152,425 (8.1%) | $239,794 (17.4%) | 0.40 | 87 |
| 2022-03-01 | $202,450 (37.3%) | $276,655 (26.2%) | 0.51 | 77 |
| 2022-04-01 | $220,000 (33.4%) | $310,561 (30.2%) | 0.52 | 89 |
| 2022-05-01 | $239,950 (33.4%) | $314,133 (24.1%) | 0.55 | 114 |
| 2022-06-01 | $247,450 (39.5%) | $308,392 (19.9%) | 0.55 | 143 |
| 2022-07-01 | $250,000 (42.9%) | $307,374 (19.7%) | 0.56 | 145 |
| 2022-08-01 | $211,075 (28.1%) | $294,031 (23.5%) | 0.49 | 149 |
| 2022-09-01 | $256,125 (55.3%) | $309,728 (30.5%) | 0.60 | 155 |
| 2022-10-01 | $280,000 (87.0%) | $321,025 (53.6%) | 0.66 | 180 |
| 2022-11-01 | $301,825 (100.9%) | $329,794 (48.1%) | 0.73 | 177 |
| 2022-12-01 | $304,900 (106.8%) | $331,855 (41.8%) | 0.75 | 163 |
| 2023-01-01 | $328,150 (121.0%) | $352,816 (48.3%) | 0.81 | 145 |
| 2023-02-01 | $354,225 (132.4%) | $367,769 (53.4%) | 0.85 | 138 |
| 2023-03-01 | $337,450 (66.7%) | $348,626 (26.0%) | 0.80 | 142 |
| 2023-04-01 | $339,900 (54.5%) | $351,329 (13.1%) | 0.79 | 172 |
| 2023-05-01 | $325,000 (35.4%) | $351,689 (12.0%) | 0.74 | 186 |
| 2023-06-01 | $331,225 (33.9%) | $350,158 (13.5%) | 0.74 | 186 |
| 2023-07-01 | $329,900 (32.0%) | $366,500 (19.2%) | 0.75 | 198 |
| 2023-08-01 | $347,400 (64.6%) | $373,280 (27.0%) | 0.80 | 208 |
| 2023-09-01 | $334,750 (30.7%) | $392,663 (26.8%) | 0.78 | 207 |
| 2023-10-01 | $311,225 (11.2%) | $372,583 (16.1%) | 0.73 | 218 |
| 2023-11-01 | $310,000 (2.7%) | $364,776 (10.6%) | 0.74 | 218 |
| 2023-12-01 | $324,900 (6.6%) | $387,688 (16.8%) | 0.79 | 169 |
| 2024-01-01 | $352,450 (7.4%) | $408,884 (15.9%) | 0.86 | 142 |
| 2024-02-01 | $344,900 (-2.6%) | $397,749 (8.2%) | 0.83 | 147 |
| 2024-03-01 | $355,000 (5.2%) | $400,338 (14.8%) | 0.84 | 158 |
| 2024-04-01 | $353,675 (4.1%) | $399,147 (13.6%) | 0.82 | 164 |
| 2024-05-01 | $380,000 (16.9%) | $408,144 (16.1%) | 0.86 | 174 |
| 2024-06-01 | $369,900 (11.7%) | $402,196 (14.9%) | 0.83 | 205 |
| 2024-07-01 | $353,675 (7.2%) | $386,734 (5.5%) | 0.81 | 214 |
| 2024-08-01 | $332,000 (-4.4%) | $354,233 (-5.1%) | 0.77 | 197 |
| 2024-09-01 | $305,950 (-8.6%) | $329,109 (-16.2%) | 0.72 | 206 |
| 2024-10-01 | $288,575 (-7.3%) | $323,052 (-13.3%) | 0.68 | 204 |
BLOOMINGTON's median listing price for 2024-10-01 was $288,575, a difference of
$-22,650
(-7.3%) versus the prior year and
$-17,375 versus the prior month.
BLOOMINGTON's median listing price comes in at 68% of the national average.
BLOOMINGTON's average listing price for 2024-10-01 was $323,052, a difference of $-49,531 (-13.3%) versus the prior year and $-6,057 versus the prior month.
For the 2024-10-01 period, BLOOMINGTON had 204 MLS listings, a difference of -2 listings (-1%) versus the prior month and -14 listings (-6%) versus the prior year.
BLOOMINGTON's median listing price comes in at 68% of the national average.
BLOOMINGTON's average listing price for 2024-10-01 was $323,052, a difference of $-49,531 (-13.3%) versus the prior year and $-6,057 versus the prior month.
For the 2024-10-01 period, BLOOMINGTON had 204 MLS listings, a difference of -2 listings (-1%) versus the prior month and -14 listings (-6%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - BLOOMINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 93 days | 2,695 sqft |
| 2018-02-01 | 82 days | 2,827 sqft |
| 2018-03-01 | 53 days | 2,862 sqft |
| 2018-04-01 | 56 days | 2,878 sqft |
| 2018-05-01 | 59 days | 2,871 sqft |
| 2018-06-01 | 58 days | 2,856 sqft |
| 2018-07-01 | 62 days | 2,811 sqft |
| 2018-08-01 | 66 days | 2,799 sqft |
| 2018-09-01 | 71 days | 2,784 sqft |
| 2018-10-01 | 72 days | 2,757 sqft |
| 2018-11-01 | 77 days | 2,685 sqft |
| 2018-12-01 | 86 days | 2,606 sqft |
| 2019-01-01 | 92 days | 2,555 sqft |
| 2019-02-01 | 85 days | 1,682 sqft |
| 2019-03-01 | 62 days | 1,747 sqft |
| 2019-04-01 | 50 days | 1,748 sqft |
| 2019-05-01 | 53 days | 1,767 sqft |
| 2019-06-01 | 58 days | 1,826 sqft |
| 2019-07-01 | 59 days | 1,880 sqft |
| 2019-08-01 | 62 days | 1,872 sqft |
| 2019-09-01 | 67 days | 1,853 sqft |
| 2019-10-01 | 71 days | 1,840 sqft |
| 2019-11-01 | 80 days | 1,872 sqft |
| 2019-12-01 | 87 days | 1,827 sqft |
| 2020-01-01 | 90 days | 1,826 sqft |
| 2020-02-01 | 76 days | 1,838 sqft |
| 2020-03-01 | 52 days | 1,956 sqft |
| 2020-04-01 | 59 days | 1,950 sqft |
| 2020-05-01 | 65 days | 2,020 sqft |
| 2020-06-01 | 59 days | 2,140 sqft |
| 2020-07-01 | 46 days | 2,108 sqft |
| 2020-08-01 | 45 days | 2,038 sqft |
| 2020-09-01 | 49 days | 1,922 sqft |
| 2020-10-01 | 50 days | 1,904 sqft |
| 2020-11-01 | 57 days | 1,908 sqft |
| 2020-12-01 | 63 days | 1,764 sqft |
| 2021-01-01 | 60 days | 1,768 sqft |
| 2021-02-01 | 57 days | 1,876 sqft |
| 2021-03-01 | 46 days | 1,960 sqft |
| 2021-04-01 | 34 days | 1,963 sqft |
| 2021-05-01 | 33 days | 2,129 sqft |
| 2021-06-01 | 41 days | 2,121 sqft |
| 2021-07-01 | 39 days | 2,151 sqft |
| 2021-08-01 | 38 days | 2,087 sqft |
| 2021-09-01 | 45 days | 2,105 sqft |
| 2021-10-01 | 50 days | 1,872 sqft |
| 2021-11-01 | 49 days | 1,903 sqft |
| 2021-12-01 | 48 days | 1,878 sqft |
| 2022-01-01 | 57 days | 1,780 sqft |
| 2022-02-01 | 50 days | 1,729 sqft |
| 2022-03-01 | 42 days | 2,091 sqft |
| 2022-04-01 | 31 days | 2,199 sqft |
| 2022-05-01 | 31 days | 2,170 sqft |
| 2022-06-01 | 35 days | 2,290 sqft |
| 2022-07-01 | 37 days | 2,313 sqft |
| 2022-08-01 | 39 days | 2,128 sqft |
| 2022-09-01 | 38 days | 2,227 sqft |
| 2022-10-01 | 38 days | 2,336 sqft |
| 2022-11-01 | 47 days | 2,303 sqft |
| 2022-12-01 | 54 days | 2,314 sqft |
| 2023-01-01 | 63 days | 2,327 sqft |
| 2023-02-01 | 61 days | 2,274 sqft |
| 2023-03-01 | 49 days | 2,186 sqft |
| 2023-04-01 | 42 days | 2,208 sqft |
| 2023-05-01 | 42 days | 2,211 sqft |
| 2023-06-01 | 52 days | 2,247 sqft |
| 2023-07-01 | 48 days | 2,408 sqft |
| 2023-08-01 | 49 days | 2,505 sqft |
| 2023-09-01 | 50 days | 2,568 sqft |
| 2023-10-01 | 51 days | 2,506 sqft |
| 2023-11-01 | 48 days | 2,509 sqft |
| 2023-12-01 | 65 days | 2,512 sqft |
| 2024-01-01 | 81 days | 2,605 sqft |
| 2024-02-01 | 64 days | 2,512 sqft |
| 2024-03-01 | 44 days | 2,678 sqft |
| 2024-04-01 | 43 days | 2,570 sqft |
| 2024-05-01 | 28 days | 2,512 sqft |
| 2024-06-01 | 32 days | 2,582 sqft |
| 2024-07-01 | 45 days | 2,520 sqft |
| 2024-08-01 | 45 days | 2,362 sqft |
| 2024-09-01 | 41 days | 2,281 sqft |
| 2024-10-01 | 43 days | 2,223 sqft |
BLOOMINGTON's median listing age (time on market) for 2024-10-01 was 43 days.
This
is -15%
shorter
than the same period one year ago.
BLOOMINGTON's median square footage for active listings during the 2024-10-01 period was 2,223 sqft. One year prior, the average listing was 2,506 sqft.
BLOOMINGTON's median square footage for active listings during the 2024-10-01 period was 2,223 sqft. One year prior, the average listing was 2,506 sqft.
BLOOMINGTON, IL Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 60936 | Bloomington, IL MSA | $750 | $750 | $880 | $1,130 | $1,330 |
| 61701 | Bloomington, IL MSA | $710 | $800 | $1,000 | $1,410 | $1,600 |
| 61702 | Bloomington, IL MSA | $700 | $800 | $990 | $1,400 | $1,590 |
| 61704 | Bloomington, IL MSA | $770 | $880 | $1,090 | $1,540 | $1,750 |
| 61705 | Bloomington, IL MSA | $820 | $930 | $1,160 | $1,640 | $1,860 |
| 61720 | Bloomington, IL MSA | $720 | $820 | $1,020 | $1,440 | $1,640 |
| 61722 | Bloomington, IL MSA | $800 | $910 | $1,130 | $1,600 | $1,810 |
| 61723 | Bloomington, IL MSA | $630 | $710 | $890 | $1,260 | $1,430 |
| 61724 | Bloomington, IL MSA | $650 | $740 | $920 | $1,300 | $1,480 |
| 61725 | Bloomington, IL MSA | $750 | $840 | $1,050 | $1,440 | $1,580 |
| 61726 | Bloomington, IL MSA | $610 | $690 | $860 | $1,210 | $1,380 |
| 61728 | Bloomington, IL MSA | $590 | $670 | $830 | $1,170 | $1,330 |
| 61729 | Bloomington, IL MSA | $620 | $690 | $870 | $1,130 | $1,330 |
| 61730 | Bloomington, IL MSA | $730 | $830 | $1,030 | $1,450 | $1,650 |
| 61731 | Bloomington, IL MSA | $700 | $800 | $990 | $1,400 | $1,590 |
| 61732 | Bloomington, IL MSA | $660 | $740 | $930 | $1,300 | $1,470 |
| 61736 | Bloomington, IL MSA | $810 | $920 | $1,150 | $1,620 | $1,840 |
| 61737 | Bloomington, IL MSA | $560 | $640 | $790 | $1,120 | $1,330 |
| 61738 | Bloomington, IL MSA | $660 | $730 | $920 | $1,200 | $1,330 |
| 61739 | Bloomington, IL MSA | $700 | $800 | $990 | $1,400 | $1,590 |
| 61744 | Bloomington, IL MSA | $550 | $640 | $790 | $1,110 | $1,330 |
| 61745 | Bloomington, IL MSA | $620 | $710 | $880 | $1,240 | $1,410 |
| 61748 | Bloomington, IL MSA | $660 | $750 | $930 | $1,310 | $1,490 |
| 61752 | Bloomington, IL MSA | $550 | $640 | $790 | $1,110 | $1,330 |
| 61753 | Bloomington, IL MSA | $590 | $670 | $830 | $1,170 | $1,330 |
| 61754 | Bloomington, IL MSA | $640 | $730 | $910 | $1,280 | $1,440 |
| 61755 | Bloomington, IL MSA | $640 | $700 | $890 | $1,160 | $1,330 |
| 61759 | Bloomington, IL MSA | $620 | $690 | $870 | $1,130 | $1,330 |
| 61761 | Bloomington, IL MSA | $690 | $790 | $980 | $1,380 | $1,570 |
| 61770 | Bloomington, IL MSA | $600 | $680 | $850 | $1,200 | $1,360 |
| 61772 | Bloomington, IL MSA | $720 | $820 | $1,020 | $1,450 | $1,640 |
| 61774 | Bloomington, IL MSA | $650 | $740 | $920 | $1,300 | $1,480 |
| 61776 | Bloomington, IL MSA | $870 | $990 | $1,230 | $1,740 | $1,970 |
| 61790 | Bloomington, IL MSA | $700 | $800 | $990 | $1,400 | $1,590 |
| 61842 | Bloomington, IL MSA | $780 | $840 | $1,020 | $1,400 | $1,540 |
| 61843 | Bloomington, IL MSA | $750 | $750 | $880 | $1,130 | $1,330 |
| 61845 | Bloomington, IL MSA | $750 | $750 | $880 | $1,130 | $1,330 |
| 61854 | Bloomington, IL MSA | $860 | $860 | $1,020 | $1,320 | $1,370 |
2022 Average & Median Rent Data Statistics
BLOOMINGTON, IL average 1BR rent: $769, median: $750
BLOOMINGTON, IL average 2BR rent: $952, median: $925
BLOOMINGTON, IL average 3BR rent: $1,319, median: $1,300
BLOOMINGTON, IL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,067 | $444,305,000 | $214,952 |
| Other | 242 | $18,100,000 | $74,793 |
| Home Improvement | 233 | $14,615,000 | $62,725 |
| Refi | 233 | $49,315,000 | $211,652 |
| Cash Out Refi | 212 | $36,640,000 | $172,830 |
Bloomington's most frequently cited loan purpose was Home Purchase, with 2,067 originations. The 2nd most popular reason was Other, with 242 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,276 | $255,840,000 | $200,502 |
| 7-8% | 720 | $128,430,000 | $178,375 |
| Over 8% | 403 | $35,045,000 | $86,960 |
| 5-6% | 378 | $111,560,000 | $295,132 |
| <2.5% | 53 | $345,000 | $6,509 |
| 4-5% | 20 | $4,670,000 | $233,500 |
| 2.5-3% | 13 | $775,000 | $59,615 |
| 3-4% | 4 | $410,000 | $102,500 |
During 2023, Bloomington's most frequently originated rate bucket was 6-7%, with 1,276 originations.
Loan Sizing (BLOOMINGTON, IL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,100 | $159,810,000 | $145,282 |
| $200k-400k | 889 | $243,535,000 | $273,943 |
| $100,000 or less | 856 | $44,810,000 | $52,348 |
| $400k-600k | 112 | $52,160,000 | $465,714 |
| $600k-1000k | 19 | $13,125,000 | $690,789 |
| $Over $1MM | 11 | $49,535,000 | $4,503,182 |
BLOOMINGTON's loan sizing saw the bucket of loans from $100k-200k with 1,100 originations, totaling $159,810,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,325 | $290,135,000 | $218,970 |
| 60-80% | 688 | $147,120,000 | $213,837 |
| Under 20% | 326 | $10,940,000 | $33,558 |
| 20-40% | 310 | $25,770,000 | $83,129 |
| 40-60% | 200 | $57,100,000 | $285,500 |
| Over 100% | 19 | $4,965,000 | $261,316 |
BLOOMINGTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,325 originations, totaling $290,135,000 in origination value.