Median price for residential apartments in Bloomfield, IN as of Oct, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
9 Bloomfield, IN 47424, USA apartments for sale
Bloomfield
According to statistics, the population in Bloomfield, IN amounts to 2,327, which shows growth 2% compared to the previous year. The median age of the city’s residents is 45. The average household income is $35,746, shifting decline -2% from the past year, and the average property value in Bloomfield, IN growth 6% to $80,900 throughout the year.
| Population | 2,327 |
| Median Age | 45.2 |
| Poverty Rate | 17% |
| Household Income | $35,746 |
| Number Of Employees | 925 |
| Median Property Value | $80,900 |
Household Income
The average household income in Bloomfield, IN declined from $36,343 to $35,746 in the past year. This data is an estimate based upon 1,042 households in Bloomfield, IN . The chart below presents how household income is distributed in Bloomfield, IN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bloomfield, IN shifted from $76,000 to $80,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bloomfield, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bloomfield, IN properties falls in the '$80,000 to $89,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bloomfield, IN compared to median property taxes around the country. The prevalent amount of property taxes in Bloomfield, IN equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Bloomfield, IN 47424, USA
Average apartment sale in Bloomfield: $151,362 (-32%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $135,695 | +187.2% |
| 2-bed apartments | $136,150 | -19.9% |
| 3-bed apartments | $152,475 | -52.5% |
| 4+ bed apartments | $357,500 | +74.5% |
During Oct 2022, the average price for an apartment in/near Bloomfield, IN decreased by 32% to $151,362.
Asking price for 2-bed apartment also decreased by 19.9% and a place of this size will now cost you $136,150. A 3-bed apartment goes for $152,475, it decreased by 52.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 74.5% and made it up to $357,500.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Houses for sale | $191,893 | -26.6% |
| Apartments for sale | $65,000 | N/A |
| Land for sale | $123,727 | +319.4% |
While assessing the property pricing Bloomfield, IN, you can note that it remains flat with a price tag of $65,000. Price reports demonstrate that house price decreased by 26.6% this month making it up to $191,893.