Sep 2026
$265K
+7.7% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
South Bend, IN housing market
South Bend, IN metro median sale price $265K in Sep 2026, up 7.7% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the South Bend, IN metro is $265K as of Sep 2026, up 7.7% from a year earlier. That is the 34th-largest year-over-year gain of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro agrees within 1.0 points (up 6.7% through Q2 2026).
On median sale price, South Bend ($265K) ranks 7th of the 12 Indiana metros Pecan Street tracks, between Elkhart ($274K) and Michigan City ($256K). On median days on market, South Bend (46 days) ranks 8th of the 12 Indiana metros, between Kokomo (47 days) and Terre Haute (44 days). On share of listings with a price cut, South Bend (51%) ranks 5th of the 12 Indiana metros, between Evansville (54%) and Lafayette (51%).
Listings spent a median 46 days on market in Sep 2026, fewer than in most of the 385 metros. 51% of active listings carry a price cut, 0.6 points more than a year earlier. That share is the 23rd-highest of the 385 metros.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,450 a month; at 28% of gross income, that takes about $62K a year. The median sale price equals about 14 years of HUD Fair Market Rent, a ratio up 9.2% from a year earlier. That ratio is lower than in most of the 373 metros. Active listings ask a median $172 per square foot, up 3.8% from a year earlier.
Median list prices are higher than a year earlier in six of the 12 ZIP codes in the table below and lower in six.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,450/mo
$62K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How South Bend compares to other U.S. metros
| Price cuts | ↑23rd of 385 (top 6%) |
|---|---|
| Home-price growth | ↑34th of 383 (top 9%) |
| Days on market | ↓306th of 385 |
| Price-to-rent | ↓252nd of 373 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 14 +9.2% YoY ↓252nd of 373 |
|---|---|
| Asking price / sq ft | $172 +3.8% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 51% +0.6 pts YoY ↑23rd of 385 (top 6%) |
|---|
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 26 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Recent notable readings
- Zillow home values were lower than a year earlier in none ZIP codes across the South Bend metro (Sep 2026): the 18th-lowest share among the 274 U.S. metros Pecan Street tracks with enough ZIP-level data to compare.
Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.
Price reconciliation
normal · 1.0ppRedfin (metro) +7.7% | FHFA HPI · Q2 2026 +6.7% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in IN
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 46530 | $471K↓ | 75↑ | 36↓ | 40↑ | 39↑ | $418K↑ |
| 46544 | $245K↑ | 53↓ | 30↓ | 32↓ | 37↓ | $210K↑ |
| 46552 | $421K↓ | 31↑ | 2↓ | 12↑ | 78↓ | $280K↑ |
| 46561 | $537K↑ | 33↓ | 16↑ | 20↓ | 38↑ | $297K↑ |
| 46613 | $116K↓ | 35↑ | 22↑ | 18↑ | 42↓ | $108K↑ |
| 46614 | $299K↑ | 68↑ | 36↑ | 48↑ | 43↑ | $244K↑ |
| 46615 | $202K↑ | 36↑ | 24↑ | 24↑ | 33↑ | $183K↑ |
| 46617 | $465K↓ | 54↑ | 24↑ | 14↑ | 57↑ | $337K↑ |
| 46619 | $165K↑ | 28↑ | 16 | 14↓ | 43↑ | $141K↑ |
| 46628 | $234K↑ | 94↑ | 42↓ | 54↑ | 47↑ | $179K↑ |
| 46637 | $300K↓ | 60↑ | 32↓ | 24↓ | 43↓ | $256K↑ |
| 49047 | $290K↓ | 57↓ | 24↑ | 24↑ | 57↓ | $223K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.