Housing in South Bend, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$160,000
Median List Price
$169,900
Price Per Sq Ft
$116
Days on Market
38
Active Inventory
190
Months of Supply
2.2
Seller's market
Zillow Home Value
$182,894
ZHVI — January 2026
Zillow Rent Index
$1,330
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
11.5%
Off Market in 2 Weeks
36.3%
Sale-to-List Ratio
95.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
87
New Listings
91
Pending Sales
102
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$116
Median List $/SF
$119
South Bend vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. South Bend 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
$124,500
Median Rent
$1,000
Total Housing Units
47,558
Vacancy Rate
13.5%
Owner Occupied
58.8%
Renter Occupied
41.2%
Median Property Tax
$1,235
per year
Monthly Cost (w/ Mortgage)
$797
Housing Types
The current median sale price in South Bend, IN is $160,000 according to Redfin data. Homes spend a median of 38 days on the market. 11.5% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $116. Zillow's observed rent index is $1,330/month. About 58.8% of housing units are owner-occupied. The median year homes were built is 1955. There are 47,558 total housing units.