Near West Side, Bloomington, IN
Near West Side — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Near West Side, Bloomington, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Near West Side Neighborhood Overview
The Near West Side is a historic and centrally located neighborhood in Bloomington, Indiana, anchored by the ZIP code 47401. It is known for its charming, tree-lined streets and its proximity to the vibrant downtown area. The neighborhood offers a balanced mix of residential living and easy access to the cultural heart of the city.
Lifestyle & Amenities
Residents enjoy a walkable lifestyle with quick access to downtown Bloomington's renowned restaurants, shops, and entertainment venues. The neighborhood itself features local parks and quiet streets ideal for strolls and community gatherings. Its central location places many of the city's amenities within a short distance.
Real Estate Market
The Near West Side real estate market features a median home value of $311,400, with a price per square foot around $261.67. Homes typically sell after an average of 44 days on the market, and the area has a homeownership rate of 56%. Rental options are also available, with a median rent of $1,157 per month.
Schools & Education
The neighborhood is served by the Monroe County Community School Corporation. Families in the area have access to a variety of public educational institutions. Proximity to Indiana University Bloomington also infuses the area with a collegiate energy and provides access to numerous cultural and educational resources.
Transportation & Connectivity
The neighborhood is highly walkable and bike-friendly, with good connectivity to major routes. Public transportation via Bloomington Transit bus lines provides reliable service throughout the city and to the university campus. Its central location makes commuting by car to other parts of Bloomington generally quick and convenient.
Why Choose Near West Side
Choosing the Near West Side offers the perfect blend of historic residential charm and urban convenience. With a solid real estate market and a median household income of $61,233, it provides a stable and engaging community environment. It is an ideal neighborhood for those who want to be close to the action while living in a distinctive, established part of Bloomington.
Near West Side 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 Near West Side, Bloomington
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Near West Side, Bloomington, IN. Explore the available cited neighborhood data on this page.
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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