South Bend Metro Home Prices & Values

$100,800 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.8% 1-year change
  • 3.2% 1-year forecast

Market Temperature: Very ColdWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this metro relative to other metros across the US. A particular metro may be identified as a good market for buyers in a national market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in South Bend Metro is $100,800. South Bend Metro home values have gone up 0.8% over the past year and Zillow predicts they will rise 3.2% within the next year. The median price of homes currently listed in South Bend Metro is $114,897. The median rent price in South Bend Metro is $675, which is lower than the Indiana median of $875.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in South Bend Metro is 5.1%, which is lower than the national value of 7.2%.

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Relative ZHVI
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South Bend Metro Market Overview

Data through May 31, 2014
  • $100,800 ZHVI
  • 3.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $114,897 Median listing price
  • No data Median sale price
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South Bend Metro Market Health

Data through May 31, 2014
  • 4.5/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • 5.1% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Cities in South Bend Metro

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Granger $201,700 New Carlisle $137,200 Osceola $132,600
Georgetown $127,600 Walkerton $119,100 North Liberty $103,400
Niles $93,600 Mishawaka $88,600 South Bend $66,200

Listings & Sales

Data through May 31, 2014
  • $78 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 25.6% Listings with price cut
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South Bend Metro Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$861 South Bend Metro
$1,055 Indiana
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $675 Rent list price
  • $0.69 Rent list price / sq ft
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