Housing Prices in South Bend, IN

How much do homes in South Bend, IN cost?

Median List Price

$184,900

$130/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

+$12,400(+7.2%)

Key Takeaway

The list price of homes in South Bend has increased by 7.2% since March.

Summary: The median home list price in South Bend was $184,900 in April 2024, up 7.2% from the previous month, and the median price per square foot was $130.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $44.9K$45K
0.2%
2 $126.4K$119.9K
-5.2%
3 $172.5K$185K
+7.3%
4 $254.9K$300K
+17.7%
5+ $569.9K$424.9K
-25.4%

Summary: South Bend housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes decreased by 25.4%.

Median List Price Compared To Nearby Cities

South Bend
+7.2%
Portage Township
-1.3%
German Township
-12.7%
Clay Township
-18.9%

Housing Supply in South Bend, IN

How many homes are available in South Bend, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
145320+120.7%

Summary: The South Bend real estate market had 320 homes for sale in April 2024, a 120.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 57
+40.0%
2 3471
+108.8%
3 69155
+124.6%
4 2465
+170.8%
5+ 1322
+69.2%

Summary: The South Bend housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 108.8%, 3 bedroom homes increased by 124.6%, 4 bedroom homes increased by 170.8%, and 5+ bedroom homes increased by 69.2%.

Days on Market for South Bend, IN

How long does it take to sell a home in South Bend, IN?

Average Listing Age

Mar 2024Apr 2024CHANGE
66 Days44 Days-32.1%

Summary: Homes in South Bend had an average listing age of 44 days in Apr 2024, down by 32.1% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in South Bend, IN

Nearby Markets to South Bend, IN

What housing markets are near South Bend, IN?