New - 3 hours on RocketVideo tour
$1,900 Closing Credit¹
#202505476, Kathy White, Listing Office: Berkshire Hathaway HomeServices Northern Indiana Real Estate
Mishawaka Housing Market Report January 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 December 2024
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
$169,500$135/SqFt
-$12,206
-6.7%
Based on all homes sold in January 2025
Insight
Homes in Mishawaka have sold for 6.7% less than they did a month ago.
Summary: The median home sold price in Mishawaka was $169,500 in January 2025, down 6.7% from last month, and the median price per square foot was $135.
Median Sold Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Clay Township | $240K | $268.7K | +12.0% |
| Granger | $369.9K | $397.5K | +7.5% |
| Harris Township | $356.4K | $374.5K | +5.1% |
| Mishawaka | $181.7K | $169.5K | -6.7% |
| Penn Township | $206.6K | $179K | -13.4% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $137K | $150K | +9.5% |
| 33 Bedrooms | $205.5K | $181.5K | -11.7% |
| 44 Bedrooms | $216.5K | $345K | +59.4% |
| 55+ Bedrooms | $645K | - | N/A |
Summary: Mishawaka housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.5%. The home price for 3 bedroom homes decreased by -11.7%. The home price for 4 bedroom homes increased by +59.4%. The home price for 5 bedroom homes did not change.
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 |
|---|---|---|
| 141Last MonthJan 2025 | ||
| 1792 months agoDec 2024 | -21.2 % Change MoMDec – Jan |
Summary: The Mishawaka real estate market had 141 homes for sale in Jan 2025, a 21.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthJan 2025 | ||
| 772 months agoDec 2024 | -57.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 45 | 32 | -28.9% |
| 33 Bedrooms | 94 | 71 | -24.5% |
| 44 Bedrooms | 36 | 32 | -11.1% |
| 55+ Bedrooms | 3 | 5 | +66.7% |
Summary: Mishawaka housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -28.9%. The inventory for 3 bedroom homes decreased by -24.5%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes increased by +66.7%.
Asking Price vs. Sold Price
How much do homes in Mishawaka, IN cost?
Over Asking Price6 Homes
At Asking Price11 Homes
Under Asking Price15 Homes
Insight
If you're buying a home in Mishawaka, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Mishawaka in January 2025, down by 57.1% month-over-month. Of the 32 sold homes, 47% were sold under asking, 34% were sold at asking, and and 19% 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?
New - 1 day on RocketVideo tour
$4,452 Closing Credit¹
#202505356, Tim McKinnies, Listing Office: McKinnies Realty, LLC
New - 1 day on RocketVideo tour
$2,227 Closing Credit¹
#202505277, Andrew Warner, Listing Office: Cressy & Everett - South Bend
New - 1 day on RocketVideo tour
$889 Closing Credit¹
#202505240, Drew Overmyer, Listing Office: At Home Realty Group
New - 2 days on RocketVideo tour
$1,663 Closing Credit¹
#202505195, Rachel Prillwitz, Listing Office: Weichert Rltrs-J.Dunfee&Assoc.
New - 3 days on RocketVideo tour
$2,126 Closing Credit¹
#202505095, Eric Bomkamp, Listing Office: Irish Realty
New - 4 days on RocketVideo tour
$3,088 Closing Credit¹
#202504918, Judith Allie, Listing Office: Milestone Realty, LLC
New - 4 days on RocketVideo tour
$1,769 Closing Credit¹
#202504910, Wendy Echartea, Listing Office: Berkshire Hathaway HomeServices Elkhart
New - 4 days on RocketVideo tour
$2,363 Closing Credit¹
#202504909, Wendy Echartea, Listing Office: Berkshire Hathaway HomeServices Elkhart
New - 6 days on RocketVideo tour
$2,613 Closing Credit¹
#202504866, Kelly Barberena, Listing Office: Cressy & Everett - South Bend
New - 6 days on RocketVideo tour
$2,138 Closing Credit¹
#202504832, Danica Russell, Listing Office: At Home Realty Group
Video tour
$2,018 Closing Credit¹
#202504633, Alyssa Lopez, Listing Office: Milestone Realty, LLC
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 12/01/2024 - 02/01/2025
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: 2/21/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.