Is Bloomfield, IN 47424 a buyer’s or seller’s market?
Bloomfield is a seller’s market. With about 3.5 months of supply and 23% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 44% of U.S. ZIP codes, and #198 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bloomfield housing market right now
In the three months ending August 31, 2026, 23% of homes in Bloomfield, IN 47424 sold above their list price, the typical home went under contract in 37 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (54 days then) and the median sale price rose 23% to $251,891. Overall, Bloomfield is more competitive than a year ago, so tougher for buyers.
Within Greene County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Bloomfield ranks #198 of 306 IN ZIP codes with enough sales (score 44 out of 100).
Nearby, buyers who want less competition could look at Worthington 47471 (0% sold over asking) or Lyons 47443 (0% sold over asking), while Newberry 47449 (100% sold over asking) is even more competitive.
Run the numbers for 47424
Nearby markets
Jasonville 47438Balanced $103 /sq ftLinton 47441Seller’s market $108 /sq ftLyons 47443Balanced $209 /sq ftNewberry 47449Buyer’s market $108 /sq ft Browse all markets →Towns like Bloomfield nearby
Find towns like Bloomfield in other states →Where Bloomfield is
Loading map…
Questions about Bloomfield real estate
Is Bloomfield a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Bloomfield, IN 47424 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bloomfield?
The typical home went under contract in 37 days in the latest three months.
Do homes in Bloomfield sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Bloomfield?
About 0.58% of a home’s value a year in Greene County, or roughly $2,320 on a $400,000 home.
What is the median home price in Bloomfield?
The median sale price was $251,891 in the three months ending August 31, 2026, about $147 per square foot.
Local agents
See all agents in 47424 →No sponsored agents in 47424 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 47424
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology