This update covers September 2026 for all of Monroe County.
September’s numbers
- Median sale price: $335,000, up 14% from September 2025
- Homes sold: 121, up 9%
- New listings: 189, up 12%
- Homes for sale: about 692 on an average day, up 5%
- Months of inventory: 5.4
- Median days on market: 73 days, about 17 days longer than last September
- Sale price vs. list price: 92.2%, down about one point
- New pending contracts: 49, down 31%
Source: Indiana Association of REALTORS® MLS Data Warehouse, Monroe County, all residential properties, September 2026. Data as of October 7, 2026.
What it means for buyers
You have more homes to choose from than a year ago, more time to decide, and more leverage to negotiate. Homes are sitting longer, and sellers are accepting a little less than list price on average. Going into winter can be an awesome time to negotiate a great deal, since sellers who list in the colder months are usually motivated to sell. For most of my buyers right now, the number that matters most is the monthly payment. That means finding the right mortgage product, and possibly asking the seller for concessions to buy down your interest rate. Talk with your lender about how a rate buydown could change your payment before we write an offer.
What it means for sellers
Right now, I’m telling my sellers to price competitively and to expect slower showings, often with the same buyers coming back more than once. With more homes on the market, buyers are pickier, so do your homework before you list. Not sure how to stage your house? Let’s talk. I can help you decide what to keep out and what to pack away.
What I’m watching next
New pending contracts dropped sharply in September. That’s typical as the market slows into fall, but it’s worth watching. I’m also keeping an eye on inventory heading into winter and on how many new listings come on before the holidays.
Where these numbers come from
These numbers come from the Indiana Association of REALTORS®, which reports monthly market data for every Indiana county. They cover all residential sales in Monroe County, not just Bloomington city limits. Median sale price excludes unusual sales priced far above or below list, and sale-to-list price doesn’t subtract seller-paid closing costs or other concessions.
Tarah’s B-Town Field Note
This month, it feels like everyone is holding their breath to see what happens in November. But here’s what I always come back to: for most people, owning a home is one of the best long-term investments they’ll make. Markets go up and down, but over time, your home builds equity and a place that’s truly yours.