The South Bend housing market is very competitive. The median sale price of a home in South Bend was $144K last month, up 15.3% since last year. The median sale price per square foot in South Bend is $129, up 35.8% since last year.
What is the housing market like in South Bend today?
In December 2024, South Bend home prices were up 15.3% compared to last year, selling for a median price of $144K. On average, homes in South Bend sell after 38 days on the market compared to 25 days last year. There were 110 homes sold in December this year, up from 105 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$144,150
+15.3% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
South Bend, IN
$144,150
+15.3%
United States
To compare other locations to the South Bend and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. South Bend's median sale price is 56% lower than the national average. Overall cost of living in South Bend is 9% lower than the national average. Learn which home features in South Bend add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the South Bend housing market?
South Bend is very competitive. Homes sell in 31.5 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 10 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Bend housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Bend.
Flood Factor - Major
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Bend has a major risk of flooding. 6,601 properties in South Bend are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in South Bend. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Bend has a moderate risk of wildfire. There are 942 properties in South Bend that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in South Bend.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
South Bend has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Bend is most at risk from hurricanes. 47,092 properties in South Bend have some risk of being in a severe wind event within the next 30 years.