Housing Prices in South Bend, IN

How much do homes in South Bend, IN cost?

Median List Price

$219,900

$134/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

+$9,900(+4.7%)

Key Takeaway

The list price of homes in South Bend has increased by 4.7% since April.

Summary: The median home list price in South Bend was $219,900 in May 2024, up 4.7% from the previous month, and the median price per square foot was $134.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $45K$67.5K
+50.0%
2 $117.4K$119.9K
+2.1%
3 $199.9K$225K
+12.6%
4 $337.9K$335K
-0.9%
5+ $199.9K$462.2K
+131.3%

Summary: South Bend housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 131.3%.

Median List Price Compared To Nearby Cities

German Township
+30.9%
Portage Township
+5.0%
South Bend
+4.7%
Clay Township
-10.7%

Housing Supply in South Bend, IN

How many homes are available in South Bend, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
141275+95.0%

Summary: The South Bend real estate market had 275 homes for sale in May 2024, a 95.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 3063
+110.0%
3 63127
+101.6%
4 4069
+72.5%
5+ 714
+100.0%

Summary: The South Bend housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 110%, 3 bedroom homes increased by 101.6%, 4 bedroom homes increased by 72.5%, and 5+ bedroom homes increased by 100%.

Days on Market for South Bend, IN

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

Average Listing Age

Apr 2024May 2024CHANGE
63 Days45 Days-28.3%

Summary: Homes in South Bend had an average listing age of 45 days in May 2024, down by 28.3% compared to the previous month.

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

Report Updated 1 Day Ago

Newest Listings in South Bend, IN

Nearby Markets to South Bend, IN

What housing markets are near South Bend, IN?