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Advertise here →Bloomington, MN · Market Data
Bloomington, Minnesota real estate market data.
Real estate market data for Bloomington, MN (Hennepin County) — Census median home value $346,200, county listing prices down about 1.0% over the past year.
Bloomington, MN is in Hennepin County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 88,838, with a median household income of $90,677. Census data puts Bloomington's median home value at $346,200 (all owner-occupied homes); Hennepin County's current median listing price runs $418,023, down about 1.0% over the past year.
At a glance
Bloomington market snapshot
Population
88,838
Median Household Income
$90,677
Median Home Value (city)
$346,200
Median Listing Price (Hennepin County)
$418,023
Median Gross Rent
$1,526/mo
Price Trend (YoY)
-1.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Bloomington different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Bloomington's median home value — across all owner-occupied homes, not just recent sales — at $346,200. Separately, Hennepin County's current median listing price (via Realtor.com data, 2026-06-01) runs $418,023. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Hennepin County's FHFA house price index shows a 3.01% annual change in 2025.
Population & Income
Bloomington has an estimated population of 88,838 and a median household income of $90,677, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Bloomington's Census-reported median home value works out to about 3.8x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Bloomington FAQ
What are home values like in Bloomington, MN?
The Census Bureau's American Community Survey puts Bloomington's median home value at $346,200. Hennepin County's current median listing price runs $418,023, down about 1.0% over the past year.
What is the population of Bloomington, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Bloomington's population at approximately 88,838.
What's the median rent in Bloomington, MN?
The Census ACS estimates median gross rent in Bloomington at approximately $1,526 per month.
What is the median household income in Bloomington, MN?
Census ACS data puts the median household income in Bloomington at approximately $90,677.
Is the Bloomington housing market growing?
Hennepin County's FHFA house price index shows a 3.01% annual change in 2025.
Is Bloomington, MN affordable relative to income?
Census ACS data puts Bloomington's median home value at about 3.8 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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