The housing market in 46614 South Bend, IN is doing very well, with a median value of $196,500. This is significantly lower than the US housing median value of $338,100, yet the one year appreciation rate for housing in 46614 South Bend, IN is higher than the national average at 10.77%. This suggests that real estate in this area is increasing in value quickly and should be a safe investment. Overall, the housing market in 46614 South Bend, IN appears to be on an upward trajectory and looks promising for potential buyers and investors alike.
The median home cost in South Bend (zip 46614) is $196,500. Home appreciation the last 10 years has been 87.3%. Home Appreciation in South Bend (zip 46614) is up 16.2%.
Average Age of Homes
- The median age of South Bend (zip 46614) real estate is 50 years old
The Rental Market in South Bend (zip 46614)
- Renters make up 24.9% of the South Bend (zip 46614) population
- 1.7% of houses and apartments in South Bend (zip 46614), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.