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
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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45K | $67.5K | +50.0% |
2 Bedrooms | $117.4K | $119.9K | +2.1% |
3 Bedrooms | $199.9K | $225K | +12.6% |
4 Bedrooms | $337.9K | $335K | -0.9% |
5+ Bedrooms | $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 | $250K | $327.2K | +30.9% |
Portage Township | $145.2K | $152.5K | +5.0% |
South Bend | $210K | $219.9K | +4.7% |
Clay Township | $299.9K | $267.9K | -10.7% |
Housing Supply in South Bend, IN
How many homes are available in South Bend, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
141 | 275 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 30 | 63 | +110.0% |
3 Bedrooms | 63 | 127 | +101.6% |
4 Bedrooms | 40 | 69 | +72.5% |
5+ Bedrooms | 7 | 14 | +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 2024 | May 2024 | CHANGE |
---|---|---|
63 Days | 45 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.