South Bend, IN Home Values & Market Trends
Real estate market trends reflect that there have been 5,009 transactions over the past year in South Bend. The median value for residential home transactions that occurred over the previous year is $174,342.98. The number of current listings in South Bend is 346, and the percentage of properties for sale in the city is 346.00%. South Bend, IN currently has 52 properties in foreclosure, 4 bank owned properties, 16 properties headed for auction, and 346 properties for sale.
South Bend, IN Real Estate Market Overview
Housing Market Summary for South Bend, IN
| Oct 2022 | September 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $165K | $159.8K | -3.16% |
| Median Sold Price | $147.3K | $159.8K | 8.47% |
| Homes For Sale | 297 | 332 | 11.78% |
| Homes Sold | 2,458 | 1,890 | -23.11% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in South Bend, IN
Recently Sold
$500,830
Sold Price4 beds
4 baths
2,236 sqft
2,287 sqft lot
327 S Frances St Apt 5, South Bend, IN 46617
Recently Sold
$515,600
Sold Price3 beds
2,632 sqft
27,918 sqft lot
3397 Blarney Dr, South Bend, IN 46628
Recently Sold
$1,041,268
Sold Price3 beds
4 baths
2,274 sqft
1,777 sqft lot
1020 N Eddy St, South Bend, IN 46617
Browse Homes in South Bend, IN
South Bend home values range from $14,255 to $12,138,583. The median estimated value of a home in South Bend is $174,342.98. The median list price of a home is 160,000, and the total count of properties in the city is 52,946.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in South Bend, IN with 46619 containing 5 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 $300,250 in 46617 to the lowest home value of $44,568 in 46619.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in South Bend, IN ranges from the highest value of $308,321 in 46635 to the lowest value of $39,600 in 46613. Bank owned homes and properties account for 0.01% of properties in South Bend, IN. There are 10 zips within South Bend, IN; 46635 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46613 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 0.03% 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 $245,876 in 46635 to the lowest value of $55,059 in 46635.
Compare Nearby Cities
More Real Estate Resources for South Bend, IN
Guide for South Bend, IN
Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.
You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?
Want to learn about the foreclosure process? Our article explains it all.
How do you avoid scams when you are in pre-foreclosure? We’ve got the info here.
Recently Listed Homes South Bend, IN
Pre-Foreclosure
$62,500
Listing Price3 beds
1 baths
1,056 sqft
5,120 sqft lot
1519 Elwood Ave, South Bend, IN 46628