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 5 Days Ago

Newest Listings in South Bend, IN

Nearby Markets to South Bend, IN

What housing markets are near South Bend, IN?