House Prices

Summit Ridge Bloomington, IN House Prices & Home Values 2026


Average Data

average house price$244,599
average size per house1715 ft²
average price per ft²155 $ / ft²

04/15/2026 - The value range (VR) for house prices in Summit Ridge Bloomington, IN is $147.25/ sqft to $162.75/ sqft. An average home with 1715 sqft costs approximately $272,737 to $301,446. Bloomington, IN includes 1 ZIP codes and it is located in Monroe county. The lowest prices are found in ZIP 47403, while the highest are in ZIP 47403. The average price per sqare feet is $155. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Summit Ridge Bloomington

47403162 $ / ft²




Historical development of home values in Summit Ridge Bloomington

Year Estimated value (USD) Change vs. 2025
2010 $113,596 -53.6%
2011 $109,203 -55.4%
2012 $108,909 -55.5%
2013 $112,980 -53.8%
2014 $118,598 -51.5%
2015 $124,685 -49.0%
2016 $131,192 -46.4%
2017 $138,273 -43.5%
2018 $145,917 -40.3%
2019 $152,683 -37.6%
2020 $160,576 -34.4%
2021 $182,638 -25.3%
2022 $212,915 -13.0%
2023 $224,529 -8.2%
2024 $237,518 -2.9%
2025 $244,599 0.0%

Graph: estimated home values in Summit Ridge Bloomington over time (USD)



Example: 100% financing house in Summit Ridge Bloomington

Loan amount: $244,599

Interest rate: 6.48%

Fixed monthly payment: $1,542.82

Breakdown in the 1st month:
Interest portion: $1,320.83  –  Principal portion: $221.98

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,769.46 $2,744.34 $241,854.66
2 $15,586.25 $2,927.55 $238,927.12
3 $15,390.81 $3,122.99 $235,804.13
4 $15,182.32 $3,331.48 $232,472.65
5 $14,959.91 $3,553.89 $228,918.77
6 $14,722.65 $3,791.14 $225,127.62
7 $14,469.56 $4,044.24 $221,083.39
8 $14,199.57 $4,314.23 $216,769.16
9 $13,911.55 $4,602.25 $212,166.91
10 $13,604.31 $4,909.49 $207,257.42
11 $13,276.55 $5,237.25 $202,020.18
12 $12,926.91 $5,586.88 $196,433.29
13 $12,553.93 $5,959.86 $190,473.43
14 $12,156.06 $6,357.74 $184,115.70
15 $11,731.62 $6,782.18 $177,333.52
16 $11,278.84 $7,234.95 $170,098.56
17 $10,795.84 $7,717.96 $162,380.61
18 $10,280.59 $8,233.20 $154,147.40
19 $9,730.94 $8,782.85 $145,364.55
20 $9,144.60 $9,369.19 $135,995.36
21 $8,519.12 $9,994.67 $126,000.69
22 $7,851.88 $10,661.91 $115,338.77
23 $7,140.09 $11,373.70 $103,965.07
24 $6,380.79 $12,133.00 $91,832.07
25 $5,570.80 $12,943.00 $78,889.07
26 $4,706.73 $13,807.07 $65,082.00
27 $3,784.97 $14,728.82 $50,353.17
28 $2,801.68 $15,712.11 $34,641.06
29 $1,752.75 $16,761.05 $17,880.01
30 $633.78 $17,880.01 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Summit Ridge Bloomington, IN


1500 sqft3900 sqft
Ø selling price$303,831$646,332
Ø fast selling$276,210$581,699
Ø high price sale$331,452$710,965

In 2026, houses in Summit Ridge Bloomington, IN will be offered at an average price of $155 per square foot. A 1,500 sqft home priced at $303,831 is 24.84% more expensive per square foot than a 3,900 sqft home priced at $646,332. Home prices in Summit Ridge Bloomington, IN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $447,461. Sellers who can wait longer may achieve a higher price of up to $546,896.


Summit Ridge, Bloomington IN Neighborhood Guide

Location & Convenience

Summit Ridge is a desirable neighborhood in Bloomington, Indiana known for quiet streets and convenient access to city amenities.
Its location offers quick connections to shopping, dining, healthcare, and employers across the city, including downtown and major corridors.

Homes & Community

The community features well-kept homes with a blend of contemporary designs and established properties, appealing to first-time buyers, upsizers, and downsizers.
Tree-lined sidewalks, low traffic streets, and neighborly pride create a family-friendly atmosphere that supports both privacy and connection.

Outdoors & Recreation

Residents enjoy easy access to local parks, multi-use trails, and Bloomington?s renowned outdoor scene across Monroe County.
Weekend options range from neighborhood strolls to visits to nearby nature preserves and lakes, making active living simple.

Schools & Access to IU

Area schools and youth programs are readily accessible, and the neighborhood?s proximity to Indiana University is ideal for faculty, staff, and students.
Whether commuting to campus or to major employment centers, drivers appreciate straightforward routes and a manageable commute pattern.

Real Estate Insights

For buyers exploring Summit Ridge homes for sale, the market typically rewards move-in-ready properties and thoughtful updates like efficient systems and outdoor living spaces.
Sellers benefit from SEO-friendly listing descriptions that highlight convenience, curb appeal, and the quiet, connected lifestyle that defines Summit Ridge in Bloomington, IN.



FAQ – Home Values in Summit Ridge Bloomington

What is the median home value in Summit Ridge Bloomington in 2026?

In 2026, the typical home value in Summit Ridge Bloomington is about $244,599 for an average home size of 1715 square feet. This corresponds to an average price of roughly $155 per square foot.

What is the average cost per square foot in Summit Ridge Bloomington?

In 2026, homes in Summit Ridge Bloomington sell for an average of around $155 per square foot, with a typical range between $147.25 and $162.75 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Summit Ridge?

The average home size in Summit Ridge Bloomington is about 1715 square feet, with an estimated 2026 value around $244,599.



Neighborhoods close to Summit Ridge Bloomington, IN

Crestmont Bloomington, IN146 $ / ft²
Christmas Lake Village Santa Claus, IN148 $ / ft²
New Chauncey West Lafayette, IN117 $ / ft²
Parkside Columbus, IN116 $ / ft²
Old Silk Stocking Kokomo, IN115 $ / ft²
Southwood Park Fort Wayne, IN63 $ / ft²
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