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South Bend Housing Market Report March 2025•Saint Joseph County, Indiana
Housing Prices in South Bend, IN
How much do homes in South Bend, IN cost?
Housing Market Conditions
Is South Bend, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Bend is a Seller's Market
Difference Since February 2025
Last month, South Bend has remained a Seller's Market.
Insight
South Bend is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$177,900$129/SqFt
+$2,900
+1.7%
Based on all homes sold in March 2025
Insight
Homes in South Bend have sold for 1.7% more than they did a month ago.
Summary: The median home sold price in South Bend was $177,900 in March 2025, up 1.7% from last month, and the median price per square foot was $129.
Median Sold Price By Cities
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Portage Township | $123.7K | $142.7K | +15.3% |
| South Bend | $175K | $177.9K | +1.7% |
| Clay Township | $292.5K | $283K | -3.2% |
| German Township | $280K | $234.5K | -16.3% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $38K | $99.9K | +163.0% |
| 22 Bedrooms | $100K | $114K | +14.0% |
| 33 Bedrooms | $190K | $177K | -6.8% |
| 44 Bedrooms | $299K | $295K | -1.3% |
| 55+ Bedrooms | $630K | $425K | -32.5% |
Summary: South Bend housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes increased by +163.0%. The home price for 2 bedroom homes increased by +14.0%. The home price for 3 bedroom homes decreased by -6.8%. The home price for 4 bedroom homes decreased by -1.3%. The home price for 5 bedroom homes decreased by -32.5%.
How does South Bend, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
South Bend, IN
Housing supply in South Bend, IN
How many homes are available in South Bend, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 630Last MonthMar 2025 | ||
| 5422 months agoFeb 2025 | +16.2 % Change MoMFeb – Mar |
Summary: The South Bend real estate market had 630 homes for sale in Mar 2025, a 16.2 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 131Last MonthMar 2025 | ||
| 1222 months agoFeb 2025 | +7.4 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 7 | 8 | +14.3% |
| 22 Bedrooms | 126 | 147 | +16.7% |
| 33 Bedrooms | 264 | 295 | +11.7% |
| 44 Bedrooms | 112 | 137 | +22.3% |
| 55+ Bedrooms | 33 | 43 | +30.3% |
Summary: South Bend housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +14.3%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +11.7%. The inventory for 4 bedroom homes increased by +22.3%. The inventory for 5 bedroom homes increased by +30.3%.
Asking Price vs. Sold Price
How much do homes in South Bend, IN cost?
Over Asking Price21 Homes
At Asking Price34 Homes
Under Asking Price70 Homes
Insight
If you're buying a home in South Bend, you may be able to get a good deal. 56% of homes here sold below asking price last month.
Summary: A total of 131 homes were sold or pending in South Bend in March 2025, up by 7.4% month-over-month. Of the 125 sold homes, 56% were sold under asking, 27% were sold at asking, and and 17% were sold over asking.
Days on Market for South Bend, IN
How long does it take to sell a home in South Bend, IN?
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 0 DaysLast MonthMar 2025 | ||
| 4 Days1 month agoFeb 2025 | 0.0 % Change MoMFeb – Mar |
Summary: Homes in South Bend had an average listing age of 0 days in Mar 2025, down by .0% compared to the previous month.
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Newest Listings in South Bend, IN
What homes are available in South Bend, 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: 4/25/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.