Elm Heights, Bloomington, IN
Elm Heights — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Elm Heights, Bloomington, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Elm Heights Neighborhood Overview
Elm Heights is a historic and highly sought-after neighborhood in Bloomington, Indiana. Centered around the 47401 ZIP code, it is known for its tree-lined streets, classic architecture, and close proximity to Indiana University. The area fosters a vibrant, community-oriented atmosphere that blends academic energy with residential charm.
Lifestyle & Amenities
Residents enjoy easy access to the shops, restaurants, and cafes of the downtown Bloomington Kirkwood Avenue corridor. The neighborhood itself is walkable and features several small parks and green spaces. Its location adjacent to the Indiana University campus brings a dynamic cultural and intellectual vibe to the community.
Real Estate Market
The Elm Heights real estate market is characterized by higher-than-average home values, with a median of $311,400 and a price per square foot of approximately $215.90. Homes tend to sell at a measured pace, averaging 307 days on market, reflecting a desirable inventory that attracts steady buyer interest. The homeownership rate is 56%, indicating a mix of owners and renters.
Schools & Education
Elm Heights is served by the Monroe County Community School Corporation. Its location near Indiana University provides unparalleled access to world-class libraries, lectures, and cultural events. Families in the area are typically engaged with the local schools and the abundant educational resources nearby.
Transportation & Connectivity
The neighborhood is exceptionally walkable and bike-friendly, with many residents commuting to campus or downtown on foot. Public bus service through Bloomington Transit provides convenient connections throughout the city. For longer trips, State Road 37/Indiana 45 runs nearby, offering access to Indianapolis and beyond.
Why Choose Elm Heights
Elm Heights offers a unique blend of historic charm, academic proximity, and a walkable lifestyle. It appeals to those seeking a true neighborhood feel within minutes of a major university's amenities and a vibrant downtown. The strong community atmosphere and classic housing stock make it a perennial favorite in the Bloomington housing market.
Elm Heights Market Data
| Metric | Value |
|---|---|
| Median Home Price | $311K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $61K |
| Homeownership Rate | 56.5% |
| Renter-Occupied | 43.5% |
| Rental Vacancy Rate | 6.8% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 47401 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Elm Heights, Bloomington
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Elm Heights, Bloomington, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-13