South Bend - IN housing market
The South Bend metro has a typical home value of $234,870, up 5.2% from a year ago. Homes are moving fast at 13 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($234,870) is the Zillow Home Value Index for the South Bend - IN metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 5.2% over the past year. In South Bend - IN, that means a home worth $223,260 last year is now worth roughly $234,870.
The median sale price , what homes actually close for , is $230,215. Homes are selling at 98.1% of list price, meaning buyers have room to negotiate.
Homes listed in South Bend - IN sit on the market for roughly 13 days before going pending. Shorter = seller's market; longer = buyer's market.
About 19.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 346 new listings hit the market each month in South Bend - IN. There are currently 872 homes for sale, down 9.1% from a year ago.
The typical monthly rent in South Bend - IN is $1,385, up 4.4% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in IN
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Indianapolis - IN | $293,854 | +1.3% | 17.0d |
| Fort Wayne - IN | $257,076 | +2.9% | 14.0d |
| Evansville - IN | $223,149 | +3.7% | 13.0d |