South Bend, IN Home Values & Market Trends

Real estate market trends reflect that there have been 4,760 transactions over the past year in South Bend. The median value for residential home transactions that occurred over the previous year is $171,522.9. The number of current listings in South Bend is 252, and the percentage of properties for sale in the city is 252.00%. South Bend, IN currently has 57 properties in foreclosure, 9 bank owned properties, 21 properties headed for auction, and 252 properties for sale.

South Bend, IN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
46628

$ 139,000

$ 103/sqft

46619

$ 130,626

$ 109/sqft

46614

$ 219,061

$ 128/sqft

46617

$ 232,489

$ 147/sqft

46637

$ 272,371

$ 141/sqft

46616

$ 127,654

$ 98/sqft

46613

$ 67,894

$ 59/sqft

46635

$ 199,978

$ 136/sqft

46615

$ 141,000

$ 107/sqft

46601

$ 127,450

$ 112/sqft

Housing Market Summary for South Bend, IN

Mar 2023February 2024Change
Median Listing Price$174.9K$164.8K-5.77%
Median Sold Price$155.9K$164.8K5.69%
Homes For Sale2342558.97%
Homes Sold1,5701,565-0.32%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in South Bend, IN

South Bend home values range from $13,783 to $11,764,257. The median estimated value of a home in South Bend is $171,522.9. The median list price of a home is 175,500, and the total count of properties in the city is 53,052.

Foreclosure
There are 10 zips within South Bend, IN; within these zips, the median estimated home value for homes in foreclosure ranges from $305,091 in 46613 to the lowest value of $39,000 in 46613. Foreclosure homes account for 0.00% of properties in South Bend, IN with 46614 containing 10 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in South Bend, IN with 46614 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 10 zips within South Bend, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $335,194 in 46628 to the lowest home value of $65,267 in 46616.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in South Bend, IN ranges from the highest value of $64,000 in 46635 to the lowest value of $39,000 in 46613. Bank owned homes and properties account for 0.02% of properties in South Bend, IN. There are 10 zips within South Bend, IN; 46613 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    46628 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of South Bend, IN. Auction homes and other auction properties account for 0.04% of all properties in South Bend, IN. There are 10 zips within South Bend, IN; of those zips, the median estimated home value for homes going to auction ranges from $235,583 in 46635 to the lowest value of $41,171 in 46635.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in South Bend, IN with 46628 containing 56 homes for sale, the highest number of listed properties in a single zip. There are 10 zips within South Bend, IN; homes for sale in those zips, have a range of median values from $477,000 in 46635 to the lowest value of $20,000 in 46613.
    Sold Homes
    The median value for recently sold homes ranges from $425,510 in 46635 to the lowest price of $20,000 in 46635. There are 10 zips within South Bend, IN. 46614 has 300 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.83% of properties in South Bend, IN.

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      Guide for South Bend, IN

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