South Bend, IN Housing Market
AI-powered market intelligence for the South Bend-Mishawaka, IN-MI metro area.
PropertyIQ Scores
South Bend, IN Market Analysis
Market Overview
South Bend’s housing market is moderately strong, with a PropertyIQ Score of 73/100. The score is driven by 12-month home value momentum of 10.79%, 3-month momentum of 0.28%, a median days-on-market of 45 days, and a 24.7% share of listings with a price cut. The median home value of $241,610 is below Indiana’s $260,095 average, while the rent index of $1,301 is well above the state average of $1,062, signaling a comparatively strong rental market.
The market has soft spots: unemployment at 3.7% is higher than the state average of 3.3%, and median household income of $67,217 trails the state’s $71,957. Lower home prices help
AI-generated analysis based on current market data. Last updated October 6, 2026.
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South Bend, IN Housing Market Overview
PropertyIQ tracks the South Bend, IN housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this IN market is set to perform against its state benchmark.
Midwestern housing markets are characterized by affordability and economic diversification. From manufacturing hubs undergoing tech-sector transitions to university towns with stable demand, the region offers value-oriented opportunities with lower entry costs than coastal markets.
For the South Bend, IN market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets.
Explore the interactive map to see how South Bend, IN compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.
Counties in the South Bend, IN metro area
ZIP codes in the South Bend, IN metro area
View all 24 →Top markets in IN
Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.