Is Bloomingdale, IN 47832 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Bloomingdale is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list102.5%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$134▲ +20.6% vs. last year

The Bloomingdale housing market right now

In the three months ending August 31, 2026, 50% of homes in Bloomingdale, IN 47832 sold above their list price, the typical home went under contract in 22 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (219 days then) and the median sale price rose 8% to $391,521. Overall, Bloomingdale is more competitive than a year ago, so tougher for buyers.

Within Parke County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Rosedale 47874 (0% sold over asking) or Marshall 47859 (0% sold over asking).

Nearby markets

Carbon 47837Seller’s market $327 /sq ftMarshall 47859Seller’s market $132 /sq ftMecca 47860 — /sq ftMontezuma 47862Seller’s market $86 /sq ft Browse all markets →

Where Bloomingdale is

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Questions about Bloomingdale real estate

Is Bloomingdale a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Bloomingdale, IN 47832 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 Bloomingdale?

The typical home went under contract in 22 days in the latest three months.

Do homes in Bloomingdale sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 102.5% of the list price.

What are property taxes in Bloomingdale?

About 0.49% of a home’s value a year in Parke County, or roughly $1,960 on a $400,000 home.

What is the median home price in Bloomingdale?

The median sale price was $391,521 in the three months ending August 31, 2026, about $134 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology