South Bend, IN Home Values & Market Trends

Real estate market trends reflect that there have been 3,632 transactions over the past year in South Bend. The median value for residential home transactions that occurred over the previous year is $204,367. The number of current listings in South Bend is 2,595, and the percentage of properties for sale in the city is 2595.00%. South Bend, IN currently has 178 properties in foreclosure, 12 bank owned properties, 53 properties headed for auction, and 2,595 properties for sale.

South Bend, IN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
46628

$ 185,483

$ 138/sqft

46613

$ 109,762

$ 97/sqft

46614

$ 225,752

$ 159/sqft

46617

$ 342,140

$ 250/sqft

46615

$ 176,958

$ 154/sqft

46616

$ 160,000

$ 117/sqft

46637

$ 274,933

$ 175/sqft

46635

$ 276,056

$ 167/sqft

46619

$ 152,126

$ 130/sqft

46601

$ 159,858

$ 94/sqft

Housing Market Summary for South Bend, IN

Sep 2025September 2026Change
Median Listing Price$185K$198.3K7.16%
Median Sold Price$216K$179.6K-16.88%
Homes For Sale1,6772,51950.21%
Homes Sold1,0981,1030.46%
Price
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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 $20,964 to $2,019,587. The median estimated value of a home in South Bend is $204,367. The median list price of a home is 199,900, and the total count of properties in the city is 4,063.

Foreclosure
There are 10 zips within South Bend, IN; within these zips, the median estimated home value for homes in foreclosure ranges from $444,445 in 46628 to the lowest value of $35,000 in 46628. Foreclosure homes account for 4.00% of properties in South Bend, IN with 46628 containing 50 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.78% of all residential properties in South Bend, IN with 46628 containing 32 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 $454,101 in 46635 to the lowest home value of $45,899 in 46619.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in South Bend, IN ranges from the highest value of $106,706 in 46635 to the lowest value of $54,000 in 46613. Bank owned homes and properties account for 0.30% of properties in South Bend, IN. There are 10 zips within South Bend, IN; 46613 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    46628 has 15 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 1.30% 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 $399,000 in 46637 to the lowest value of $35,000 in 46637.
Homes for Sale
Homes and properties that are actively listed for sale account for 63.87% of residential properties in South Bend, IN with 46628 containing 569 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 $2,019,587 in 46617 to the lowest value of $20,964 in 46619.
    Sold Homes
    The median value for recently sold homes ranges from $442,241 in 46635 to the lowest price of $24,528 in 46635. There are 10 zips within South Bend, IN. 46614 has 235 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 27.37% of properties in South Bend, IN.

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      Guide for South Bend, IN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.