How much house does $500,000 buy you in Bloomington, Illinois?

Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Bloomington, Illinois?

To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Bloomington, Illinois right now. Listings below $500,000 were included if necessary.

20 Brompton Ct, Bloomington, IL 61704
- Price: $459,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,040
- See 20 Brompton Ct, Bloomington, IL 61704 on Redfin.com

1525 Stoneroller Cir, Bloomington, IL 61705
- Price: $499,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,723
- See 1525 Stoneroller Cir, Bloomington, IL 61705 on Redfin.com

2194 Corrigan Way, Normal, IL 61761
- Price: $499,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,500
- See 2194 Corrigan Way, Normal, IL 61761 on Redfin.com

2 Bucktown Ct, Bloomington, IL 61705
- Price: $499,500
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,927
- See 2 Bucktown Ct, Bloomington, IL 61705 on Redfin.com

2770 Sedona Dr, Normal, IL 61761
- Price: $425,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,932
- See 2770 Sedona Dr, Normal, IL 61761 on Redfin.com

511 Bobwhite Way, Normal, IL 61761
- Price: $439,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 3,585
- See 511 Bobwhite Way, Normal, IL 61761 on Redfin.com

14 Bent Tree Ln, Towanda, IL 61776
- Price: $449,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,075
- See 14 Bent Tree Ln, Towanda, IL 61776 on Redfin.com

41 Ravenwood Cir, Bloomington, IL 61704
- Price: $439,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,638
- See 41 Ravenwood Cir, Bloomington, IL 61704 on Redfin.com

9222 Abbey Way, Downs, IL 61736
- Price: $450,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,032
- See 9222 Abbey Way, Downs, IL 61736 on Redfin.com

2702 Lone Oak Rd, Bloomington, IL 61705
- Price: $495,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,390
- See 2702 Lone Oak Rd, Bloomington, IL 61705 on Redfin.com

4 Scofield Ct, Bloomington, IL 61704
- Price: $439,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,346
- See 4 Scofield Ct, Bloomington, IL 61704 on Redfin.com

2621 Shale Rd, Normal, IL 61761
- Price: $499,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,116
- See 2621 Shale Rd, Normal, IL 61761 on Redfin.com

8066 County Road 1300 E, Shirley, IL 61772
- Price: $425,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,745
- See 8066 County Road 1300 E, Shirley, IL 61772 on Redfin.com

1210 Willow Creek Dr, Bloomington, IL 61705
- Price: $439,900
- 4 bedrooms, 3 bathrooms
- Square feet: 1,702
- See 1210 Willow Creek Dr, Bloomington, IL 61705 on Redfin.com

507 Raef Rd, Downs, IL 61736
- Price: $429,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,669
- See 507 Raef Rd, Downs, IL 61736 on Redfin.com

500 Prairie Meadows Dr, Heyworth, IL 61745
- Price: $464,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,515
- See 500 Prairie Meadows Dr, Heyworth, IL 61745 on Redfin.com

416 Bobwhite Way, Normal, IL 61761
- Price: $435,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,239
- See 416 Bobwhite Way, Normal, IL 61761 on Redfin.com

21 Fedor Cir, Bloomington, IL 61705
- Price: $449,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,212
- See 21 Fedor Cir, Bloomington, IL 61705 on Redfin.com

3601 Napa Ln, Normal, IL 61761
- Price: $490,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,209
- See 3601 Napa Ln, Normal, IL 61761 on Redfin.com

2 Roscoe Ct, Bloomington, IL 61705
- Price: $454,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,949
- See 2 Roscoe Ct, Bloomington, IL 61705 on Redfin.com

2511 Savanna Rd, Bloomington, IL 61705
- Price: $429,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,949
- See 2511 Savanna Rd, Bloomington, IL 61705 on Redfin.com

2212 Altoona Rd, Bloomington, IL 61705
- Price: $429,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,414
- See 2212 Altoona Rd, Bloomington, IL 61705 on Redfin.com

1922 Dunraven Rd, Bloomington, IL 61704
- Price: $429,900
- 3 bedrooms, 3 bathrooms
- Square feet: 3,259
- See 1922 Dunraven Rd, Bloomington, IL 61704 on Redfin.com

1906 Dunraven Rd, Bloomington, IL 61704
- Price: $425,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,259
- See 1906 Dunraven Rd, Bloomington, IL 61704 on Redfin.com

1116 Travertine Rd, Normal, IL 61761
- Price: $449,900
- 3 bedrooms, 3 bathrooms
- Square feet: 3,024
- See 1116 Travertine Rd, Normal, IL 61761 on Redfin.com

3613 Cabernet Ct, Normal, IL 61761
- Price: $449,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,660
- See 3613 Cabernet Ct, Normal, IL 61761 on Redfin.com

2614 Piney Run, Bloomington, IL 61705
- Price: $439,900
- 3 bedrooms, 2 bathrooms
- Square feet: 3,620
- See 2614 Piney Run, Bloomington, IL 61705 on Redfin.com

2538 Marble Rd, Normal, IL 61761
- Price: $452,500
- 3 bedrooms, 2 bathrooms
- Square feet: 1,678
- See 2538 Marble Rd, Normal, IL 61761 on Redfin.com

6105 Wrigley Dr, Bloomington, IL 61705
- Price: $449,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,650
- See 6105 Wrigley Dr, Bloomington, IL 61705 on Redfin.com

1209 Granite Way, Normal, IL 61761
- Price: $459,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,650
- See 1209 Granite Way, Normal, IL 61761 on Redfin.com