$2,493 Closing Credit*
$209,900
3 Beds
•1 Full Bath
Shelly Mobus, Listing Office: McKinnies Realty, LLC Elkhart
Is Mishawaka, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Mishawaka has remained a Seller's Market.
Key Takeaway
Mishawaka is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mishawaka, IN
How much do homes in Mishawaka, IN cost?
Median Sold Price
$225,000
$131/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$18,750(+9.1%)
Key Takeaway
Homes in Mishawaka have sold for 9.1% more than they did a month ago.
Summary: The median home sold price in Mishawaka was $225,000 in October 2024, up 9.1% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $147.4K | $133K | -9.8% |
| 3 Bedrooms | $220.5K | $256K | +16.1% |
| 4 Bedrooms | $247.5K | $284.9K | +15.1% |
| 5+ Bedrooms | $592.5K | $378K | -36.2% |
Summary: Mishawaka housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 36.2%.
Median Sold Price Compared To Nearby Cities
| Mishawaka | $206.2K | $225K | +9.1% |
| Penn Township | $230K | $226.1K | -1.7% |
| Harris Township | $400K | $366.2K | -8.4% |
| Granger | $442.5K | $359.9K | -18.7% |
| Clay Township | $300K | $232.5K | -22.5% |
Housing Supply in Mishawaka, IN
How many homes are available in Mishawaka, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 192 | 226 | +17.7% |
Summary: The Mishawaka real estate market had 226 homes for sale in October 2024, a 17.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 47 | 62 | +31.9% |
| 3 Bedrooms | 92 | 109 | +18.5% |
| 4 Bedrooms | 42 | 43 | +2.4% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Mishawaka housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 31.9%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 61 | +24.5% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mishawaka, you may be able to get a good deal. 50.8% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in Mishawaka in October 2024, up by 24.5% month-over-month. Of the 59 sold homes, 51% were sold under asking, 22% were sold at asking, and 27% were sold over asking.
Days on Market for Mishawaka, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.