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Mishawaka Housing Market Report March 2025•Saint Joseph County, Indiana
Housing Prices in Mishawaka, IN
How much do homes in Mishawaka, IN cost?
Housing Market Conditions
Is Mishawaka, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Mishawaka is a Seller's Market
Difference Since February 2025
Last month, Mishawaka has remained a Seller's Market.
Insight
Mishawaka is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$188,500$133/SqFt
+$13,500
+7.7%
Based on all homes sold in March 2025
Insight
Homes in Mishawaka have sold for 7.7% more than they did a month ago.
Summary: The median home sold price in Mishawaka was $188,500 in March 2025, up 7.7% from last month, and the median price per square foot was $133.
Median Sold Price By Cities
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Harris Township | $352.5K | $384.5K | +9.1% |
| Mishawaka | $175K | $188.5K | +7.7% |
| Penn Township | $187.5K | $195.9K | +4.5% |
| Clay Township | $292.5K | $283K | -3.2% |
| Granger | $430K | $399K | -7.2% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $119.7K | $154.8K | +29.4% |
| 33 Bedrooms | $190K | $190K | 0.0% |
| 44 Bedrooms | $210K | $239.9K | +14.2% |
| 55+ Bedrooms | $341.2K | $303.9K | -10.9% |
Summary: Mishawaka housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +29.4%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +14.2%. The home price for 5 bedroom homes decreased by -10.9%.
How does Mishawaka, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Mishawaka, IN
Housing supply in Mishawaka, IN
How many homes are available in Mishawaka, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 171Last MonthMar 2025 | ||
| 1522 months agoFeb 2025 | +12.5 % Change MoMFeb – Mar |
Summary: The Mishawaka real estate market had 171 homes for sale in Mar 2025, a 12.5 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 59Last MonthMar 2025 | ||
| 472 months agoFeb 2025 | +25.5 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 31 | 34 | +9.7% |
| 33 Bedrooms | 77 | 86 | +11.7% |
| 44 Bedrooms | 36 | 43 | +19.4% |
| 55+ Bedrooms | 6 | 6 | 0.0% |
Summary: Mishawaka housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +9.7%. The inventory for 3 bedroom homes increased by +11.7%. The inventory for 4 bedroom homes increased by +19.4%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Mishawaka, IN cost?
Over Asking Price11 Homes
At Asking Price15 Homes
Under Asking Price30 Homes
Insight
If you're buying a home in Mishawaka, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in Mishawaka in March 2025, up by 25.5% month-over-month. Of the 56 sold homes, 54% were sold under asking, 27% were sold at asking, and and 20% were sold over asking.
Days on Market for Mishawaka, IN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Mishawaka, IN
What homes are available in Mishawaka, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 02/01/2025 - 04/01/2025
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/6/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.