Under $50K in The Bloomington Real Estate Market

Friday, December 6, 2013   /   by John Armstrong

Under $50K in The Bloomington Real Estate Market

How's the Under $50K Market in Bloomington-Normal?
If you've been shopping for a home for sale in Bloomington-Normal under $50,000 this blog is not news to you. The $50K market has been selling like crazy to investors. I believe it's only going to get in Hotter!!!!
Key Stats On Homes listed in Bloomington-Normal for sale since Jan 1 2013 under $50K
  • 57 Houses listed since Jan. 1 2013, for sale under $50K since Jan. 1 2013 in Bloomington-Normal
  • 8 are currently for sale
  • 1 listed for sale is a short sale with an offer currently, 7 houses are available
  • 46 have closed
  • 3 are currently pending
  • 37 Median Days is how long they took to sell


4 under $50,000 homes were listed in the past 30 days in BloNo 3 of 4 are currently under contract. Remember Real Estate in Bloomington-Normal is no different than any other bought and sold commodity, laws of supply and demand apply.  
The under $50,000 Real Estate market in Bloomington-Normal is at an inventory shortage for the demand.  Rising prices won't be far behind!!!!!



RE/MAX Rising
John Armstrong
1015 Ekstam
Bloomington, IL 61704

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