Market Overview
Home Prices in Bloomington Springs, TN
The median home value in Bloomington Springs, TN is $266,979 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bloomington Springs are priced35% below average. Bloomington Springs is part of the Cookeville, TN metro area.
Over the past five years, Bloomington Springs home values have risen by approximately26.6%, reflecting strong long-term appreciation in this market.
Price History
Bloomington Springs Home Price Trend
City Comparison
Bloomington Springs vs. National Median
At $266,979, homes in Bloomington Springs cost 35% below the national median of $410,000. This makes Bloomington Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bloomington Springs?
20% Down Payment
$53,396
on $266,979
Monthly P&I
$1,392/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,768/mo
incl. taxes & insurance
Income Needed
$70,720
gross annual (30% rule)
10% Down Option
$26,698
+ PMI applies
Loan Amount (20% dn)
$213,583
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bloomington Springs, TN?
The median home value in Bloomington Springs is $266,979 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Bloomington Springs?
Over the past year, home values in Bloomington Springs have increased by 1.6%. Over five years, prices have risen approximately 26.6%.
How much do I need to earn to buy a home in Bloomington Springs?
To comfortably afford the median home price of $266,979 with a 20% down payment ($53,396) at today's rates (6.8%), you'd need a gross annual income of approximately $70,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Bloomington Springs compare to the national average home price?
The national median home value is approximately $410,000. At $266,979, homes in Bloomington Springs are 35% below the national average.
What metro area is Bloomington Springs part of?
Bloomington Springs is part of the Cookeville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.