Housing in Mishawaka, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$185,000
Median List Price
$225,000
Price Per Sq Ft
$139
Days on Market
45
Active Inventory
56
Months of Supply
2.2
Seller's market
Zillow Home Value
$197,683
ZHVI — January 2026
Zillow Rent Index
$1,244
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
12.0%
Off Market in 2 Weeks
30.8%
Sale-to-List Ratio
97.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
25
New Listings
27
Pending Sales
39
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$139
Median List $/SF
$154
Mishawaka vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Mishawaka is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$140,600
Median Rent
$1,041
Total Housing Units
24,715
Vacancy Rate
9.3%
Owner Occupied
49.4%
Renter Occupied
50.6%
Median Property Tax
$1,375
per year
Monthly Cost (w/ Mortgage)
$899
Housing Types
The current median sale price in Mishawaka, IN is $185,000 according to Redfin data. Homes spend a median of 45 days on the market. 12.0% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $139. Zillow's observed rent index is $1,244/month. About 49.4% of housing units are owner-occupied. The median year homes were built is 1975. There are 24,715 total housing units.