South Bend - IN housing market
The South Bend metro has a typical home value of $238,866, up 5.7% from a year ago. Homes are moving fast at 9 days on market - a strong seller's market. 20% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($238,866) 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 5.7% over the past year. In South Bend - IN, that means a home worth $225,985 last year is now worth roughly $238,866.
The median sale price , what homes actually close for , is $226,826. Homes are selling at 98.7% of list price, meaning buyers have room to negotiate.
Homes listed in South Bend - IN sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.
About 20.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 414 new listings hit the market each month in South Bend - IN. There are currently 957 homes for sale, down 5.4% from a year ago.
The typical monthly rent in South Bend - IN is $1,340, up 5.1% year over year. For investors, the price-to-rent ratio here is roughly 15x 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 | $295,921 | +1.3% | 11.0d |
| Fort Wayne - IN | $259,816 | +2.9% | 8.0d |
| Evansville - IN | $226,753 | +3.8% | 10.0d |