New - 36 minutes on Rocket
$4,749 Closing Credit¹
#202505522, Patrick Ladewski, Listing Office: Irish Realty
South Bend Housing Market Report January 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 December 2024
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
$200,000$130/SqFt
+$22,600
+12.7%
Based on all homes sold in January 2025
Insight
Homes in South Bend have sold for 12.7% more than they did a month ago.
Summary: The median home sold price in South Bend was $200,000 in January 2025, up 12.7% from last month, and the median price per square foot was $130.
Median Sold Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| South Bend | $177.4K | $200K | +12.7% |
| Clay Township | $240K | $268.7K | +12.0% |
| Portage Township | $134K | $140.5K | +4.9% |
| German Township | $425K | $352.5K | -17.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $21K | $149.9K | +613.8% |
| 22 Bedrooms | $124.9K | $124.4K | -0.4% |
| 33 Bedrooms | $184K | $220K | +19.6% |
| 44 Bedrooms | $260K | $215.5K | -17.1% |
| 55+ Bedrooms | $335K | $295K | -11.9% |
Summary: South Bend housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +613.8%. The home price for 2 bedroom homes decreased by -0.4%. The home price for 3 bedroom homes increased by +19.6%. The home price for 4 bedroom homes decreased by -17.1%. The home price for 5 bedroom homes decreased by -11.9%.
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 |
|---|---|---|
| 569Last MonthJan 2025 | ||
| 5672 months agoDec 2024 | 0.4 % Change MoMDec – Jan |
Summary: The South Bend real estate market had 569 homes for sale in Jan 2025, a .4 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 107Last MonthJan 2025 | ||
| 1632 months agoDec 2024 | -34.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 5 | 7 | +40.0% |
| 22 Bedrooms | 127 | 121 | -4.7% |
| 33 Bedrooms | 285 | 285 | 0.0% |
| 44 Bedrooms | 116 | 120 | +3.4% |
| 55+ Bedrooms | 34 | 36 | +5.9% |
Summary: South Bend housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +40.0%. The inventory for 2 bedroom homes decreased by -4.7%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +3.4%. The inventory for 5 bedroom homes increased by +5.9%.
Asking Price vs. Sold Price
How much do homes in South Bend, IN cost?
Over Asking Price15 Homes
At Asking Price23 Homes
Under Asking Price59 Homes
Insight
If you're buying a home in South Bend, you may be able to get a good deal. 60.8% of homes here sold below asking price last month.
Summary: A total of 107 homes were sold or pending in South Bend in January 2025, down by 34.4% month-over-month. Of the 97 sold homes, 61% were sold under asking, 24% were sold at asking, and and 15% were sold over asking.
Days on Market for South Bend, 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 South Bend, IN
What homes are available in South Bend, IN?
New - 42 minutes on Rocket
$2,316 Closing Credit¹
#202505519, Natashia Bontrager, Listing Office: McKinnies Realty, LLC
New - 42 minutes on Rocket
$3,561 Closing Credit¹
#202505517, Patrick Ladewski, Listing Office: Irish Realty
Coming soon
$1,069 Closing Credit¹
#202505515, Tom Canarecci, Listing Office: Coldwell Banker Real Estate Group
New - 54 minutes on Rocket
$3,858 Closing Credit¹
#202505512, Patrick Ladewski, Listing Office: Irish Realty
New - 2 hours on Rocket
$1,514 Closing Credit¹
#202505494, Drew Overmyer, Listing Office: At Home Realty Group
New - 2 hours on Rocket
#202505491, Brian Naumann, Listing Office: At Home Realty Group
New - 3 hours on RocketVideo tour
$296 Closing Credit¹
#202505486, Penny Seegers, Listing Office: Century 21 Circle
New - 5 hours on Rocket
#202505463, Stephen Smith, Listing Office: Irish Realty
New - 6 hours on Rocket
$2,672 Closing Credit¹
#202505451, Tommy Kraemer, Listing Office: Coldwell Banker Real Estate Group
New - 7 hours on RocketVideo tour
$2,197 Closing Credit¹
#202505438, Sebastian Dominguez, Listing Office: Berkshire Hathaway HomeServices Northern Indiana Real Estate
New - 7 hours on RocketVideo tour
$4,144 Closing Credit¹
#202505437, Erika Walter, Listing Office: Berkshire Hathaway HomeServices Northern Indiana Real Estate
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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.