Commercial Real Estate Market in Bloomington, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
185 active listings and 2,615 off-market properties in Bloomington, IN. Commercial property asks $178/SF to buy and $15.61/SF/Yr to lease.
Market Trends
Bloomington, IN spans 285.5 square miles in Monroe County, Indiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Bloomington, IN has a median asking sale price of $310/SF (based on 6 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Bloomington, IN has a median asking sale price of $110/SF (based on 3 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Bloomington, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Bloomington, IN has a median asking sale price of $170/SF. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 45.3%
- Mixed use 37.7%
- Open space 11.2%
- Planned_development 4.8%
- Residential 1%
Largest Zones share of zoned land by district
Design. In the R2 and R3 zoning districts, the maximum number of dwelling units allowed in one single-family attached structure shall be two, and each individual dwelling unit shall be located on a separate lot. (C) Occupancy. Occupancy of single-family attached dwelling units is subject to the definition of "Family" in
Market overview
Demographics & Economy
Bloomington, IN has 129,236 residents in 60,019 households. Density runs 453 people per square mile. Median household income here is $60,523 and median gross rent $1,159 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Bloomington?
How much does it cost to lease commercial space in Bloomington?
Where does Realmo's Bloomington market data come from?
Methodology & data sources
- Asking prices and medians
- There are 86 active for-sale and 99 active for-lease listings in Bloomington, IN. The medians are based on 50 of the for-sale and 20 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 15,010 zoned acres across 22 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
