Matlock Heights, Bloomington, IN
Matlock Heights — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Matlock Heights, Bloomington, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Matlock Heights Neighborhood Overview
Matlock Heights is a residential neighborhood in Bloomington, Indiana, offering a quiet, suburban atmosphere within the city. Located in the 47401 ZIP code, it provides residents with a blend of established community feel and convenient access to local amenities. The area is characterized by its tree-lined streets and a mix of single-family homes.
Lifestyle & Amenities
Residents enjoy a peaceful lifestyle with nearby access to shopping, dining, and essential services in Bloomington. The neighborhood's location provides easy drives to parks, recreational facilities, and the cultural offerings of a university city. Its setting is ideal for those seeking a calm residential base close to urban conveniences.
Real Estate Market
The Matlock Heights real estate market features a median home value of $311,400, with a price per square foot around $253.9. Homes typically stay on the market for an average of 74 days, and the homeownership rate is 56%. The median monthly rent in the area is $1,157.
Schools & Education
Families in Matlock Heights are served by the Monroe County Community School Corporation. The neighborhood's proximity to Indiana University Bloomington adds a vibrant, academic energy to the broader community. Specific school assignments and performance data should be verified with the local district.
Transportation & Connectivity
The neighborhood is well-connected by major roads, facilitating easy commutes to downtown Bloomington, the university, and surrounding areas. Public transportation options via Bloomington Transit provide service to key destinations. Its central location offers efficient connectivity for both personal and professional travel.
Why Choose Matlock Heights
Matlock Heights appeals to homebuyers and renters seeking an affordable, stable community with a median household income of $61,233. It offers a classic suburban living experience with the cultural and economic benefits of Bloomington close at hand. The neighborhood represents a balanced choice for students, professionals, and families looking to put down roots.
Matlock 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 Matlock Heights, Bloomington
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Matlock 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 2026-10-12