South Bend, IN Home Values & Market Trends
Real estate market trends reflect that there have been 4,779 transactions over the past year in South Bend. The median value for residential home transactions that occurred over the previous year is $171,378.43. The number of current listings in South Bend is 253, and the percentage of properties for sale in the city is 253.00%. South Bend, IN currently has 121 properties in foreclosure, 8 bank owned properties, 10 properties headed for auction, and 253 properties for sale.
South Bend, IN Real Estate Market Overview
Housing Market Summary for South Bend, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $169.9K | $163.1K | -4.00% |
| Median Sold Price | $154.8K | $163.1K | 5.33% |
| Homes For Sale | 262 | 247 | -5.73% |
| Homes Sold | 1,440 | 1,523 | 5.76% |
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
Browse Homes in South Bend, IN
South Bend home values range from $13,073 to $11,645,659. The median estimated value of a home in South Bend is $171,378.43. The median list price of a home is 167,000, and the total count of properties in the city is 53,053.
- Pre-ForeclosurePre-foreclosure homes account for 0.19% of all residential properties in South Bend, IN with 46614 containing 24 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 $327,371 in 46635 to the lowest home value of $55,585 in 46613.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in South Bend, IN ranges from the highest value of $126,857 in 46635 to the lowest value of $49,900 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; 46619 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46613 has 2 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 0.02% 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 $159,559 in 46628 to the lowest value of $83,310 in 46628.
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More Real Estate Resources for South Bend, IN
Guide for South Bend, IN
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