Zip 46616 (South Bend, IN) Housing

46616 South Bend, IN is a great place to live for those looking to purchase a home. The median value of housing in 46616 is $119,600, which is significantly lower than the US median value of $338,100. While the US has seen an 8.27% increase in house values this year, South Bend has experienced an even greater 10.77% appreciation. This trend is likely to continue as more and more people look to take advantage of this affordable area with such strong potential growth.

The median home cost in South Bend (zip 46616) is $119,600. Home appreciation the last 10 years has been 87.3%. Home Appreciation in South Bend (zip 46616) is up 16.2%.

Average Age of Homes

- The median age of South Bend (zip 46616) real estate is 73 years old

The Rental Market in South Bend (zip 46616)

- Renters make up 32.7% of the South Bend (zip 46616) population
- 1.5% of houses and apartments in South Bend (zip 46616), 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
	2,655.0	139,647,020.0
	72	42
	$119,600	$338,100
	16.2%	16.6%
	62.1%	57.0%
	87.3%	101.1%
	$9.40	$10.98
	$1,090	$2,690
	48.0%	57.4%
	11.4%	11.2%
	40.6%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	1.4%	0.4%
	0.6%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	4.8%	2.4%
	6.6%	2.8%
	22.6%	3.9%
	19.6%	4.5%
	24.0%	11.3%
	8.6%	13.0%
	6.8%	20.1%
	0.9%	13.6%
	1.9%	8.3%
	0.0%	9.7%
	1.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.4%	13.6%
	1.4%	13.6%
	1.8%	13.6%
	2.6%	13.2%
	7.6%	14.8%
	1.8%	13.6%
	29.1%	10.0%
	14.6%	4.7%
	36.2%	12.2%

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