$9,796 Closing Credit*
$824,900
4 Beds
•4 Full Baths, 1 Partial
Stephen Smith, Listing Office: Irish Realty
Is Northeast South Bend, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Northeast South Bend was a Neutral Market.
Key Takeaway
Northeast South Bend is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast South Bend, IN
How much do homes in Northeast South Bend, IN cost?
Median Sold Price
$434,500
$168/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$18,500(+4.4%)
Key Takeaway
Homes in Northeast South Bend have sold for 4.4% more than they did a month ago.
Summary: The median home sold price in Northeast South Bend was $434,500 in November 2024, up 4.4% from last month, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $76.2K | N/A |
| 2 Bedrooms | $287.9K | $270K | -6.2% |
| 3 Bedrooms | $420K | $419K | -0.2% |
| 4 Bedrooms | $669.9K | $524.5K | -21.7% |
| 5+ Bedrooms | - | $1.3M | N/A |
Summary: Northeast South Bend housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Northeast South Bend | $416K | $434.5K | +4.4% |
| Coquillard Woods | $420K | $392K | -6.7% |
| Harter Heights | $642.4K | $544.4K | -15.3% |
Housing Supply in Northeast South Bend, IN
How many homes are available in Northeast South Bend, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 52 | +6.1% |
Summary: The Northeast South Bend real estate market had 52 homes for sale in November 2024, a 6.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Northeast South Bend housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast South Bend, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Northeast South Bend in November 2024, up by 75.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for Northeast South Bend, 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.