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Housing in Bloomington

A typical Bloomington home is worth roughly $128,000

Typical home value
$128K
TX $299K
Estimate
2-bedroom rent
$1,400
a month, utilities in · HUD
Median tax bill
$1,067
TX $4,232

What kind of housing town is Bloomington?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.4 years of income

Less than across Texas (3.8 years). Try your own numbers below.

You could afford about
$208,000
Typical Bloomington home $128K

That covers a typical Bloomington home, with $80K to spare.

The typical home, each month
$760
Loan $630Tax $90Insurance $40

A two-bedroom rents for about $1,400 a month here, $640 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bloomington’s typical property tax (0.83% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

71% of Bloomington households own their home

Half of Bloomington’s homes were built before 2001.

Owners and renters
Own 71%Rent 29%

Texas: 63% own.

2001
typical home built · TX 1992
$1,067
median property tax bill · TX $4,232
0.83%
of a home’s value, a year in tax · TX 1.49%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,400

Renters already here pay a median of $745, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,110
1 bedroom$1,120
2 bedrooms$1,400
3 bedrooms$1,680
4 bedrooms$1,860
29%
of households rent · TX 37%
111
renter households
57%
of renters spend 30%+ of income on rent · TX 52%
32%
of the median income, for a two-bedroom
$745
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Victoria, TX MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Bloomington buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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