Zip 46615 (South Bend, IN) Housing

Housing in 46615 South Bend, IN is quite desirable due to the median value of $140,500, which is considerably lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation in 46615 South Bend, IN is 10.77%, which is higher than the US House Appreciation of 8.27%. This suggests that housing prices in this area are rapidly increasing and may be a good investment opportunity for potential buyers.

The median home cost in South Bend (zip 46615) is $140,500. Home appreciation the last 10 years has been 87.3%. Home Appreciation in South Bend (zip 46615) is up 16.2%.

Average Age of Homes

- The median age of South Bend (zip 46615) real estate is 64 years old

The Rental Market in South Bend (zip 46615)

- Renters make up 32.6% of the South Bend (zip 46615) population
- 5.2% of houses and apartments in South Bend (zip 46615), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	South Bend, Indiana	United States
	7,174.0	139,647,020.0
	69	42
	$140,500	$338,100
	16.2%	16.6%
	62.1%	57.0%
	87.3%	101.1%
	$10.76	$10.98
	$1,011	$2,690
	53.4%	57.4%
	13.2%	11.2%
	33.3%	31.4%
Vacant Housing
	5.2%	1.9%
	0.8%	0.4%
	1.3%	0.7%
	0.5%	0.4%
	1.0%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	2.6%	2.4%
	8.2%	2.8%
	19.6%	3.9%
	21.8%	4.5%
	29.5%	11.3%
	6.8%	13.0%
	4.5%	20.1%
	2.6%	13.6%
	0.1%	8.3%
	1.2%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.5%	13.6%
	0.5%	13.6%
	4.2%	13.6%
	4.1%	13.2%
	6.2%	14.8%
	4.2%	13.6%
	29.5%	10.0%
	16.2%	4.7%
	27.8%	12.2%

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