Zip 46628 (South Bend, IN) Housing

In 46628 South Bend, IN, the median housing value is $135,400, which is significantly lower than the US median house value of $338,100. The US housing appreciation rate over the past year was 8.27%, while the 1 year house appreciation rate in South Bend is 10.77%. This indicates that even though South Bend's housing market is not as expensive as the national average, it may still be a good investment opportunity over time due to its higher market appreciation rate.

The median home cost in South Bend (zip 46628) is $135,400. Home appreciation the last 10 years has been 87.3%. Home Appreciation in South Bend (zip 46628) is up 16.2%.

Average Age of Homes

- The median age of South Bend (zip 46628) real estate is 53 years old

The Rental Market in South Bend (zip 46628)

- Renters make up 26.4% of the South Bend (zip 46628) population
- 2.6% of houses and apartments in South Bend (zip 46628), 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
	12,473.0	139,647,020.0
	54	42
	$135,400	$338,100
	16.2%	16.6%
	62.1%	57.0%
	87.3%	101.1%
	$9.27	$10.98
	$1,162	$2,690
	58.9%	57.4%
	11.6%	11.2%
	29.5%	31.4%
Vacant Housing
	2.6%	1.9%
	2.3%	0.4%
	0.3%	0.7%
	1.2%	0.4%
	0.5%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	7.2%	2.4%
	10.7%	2.8%
	11.8%	3.9%
	8.0%	4.5%
	19.1%	11.3%
	17.4%	13.0%
	15.9%	20.1%
	3.1%	13.6%
	1.0%	8.3%
	2.1%	9.7%
	0.7%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.5%	13.6%
	11.5%	13.6%
	14.7%	13.6%
	7.0%	13.2%
	12.3%	14.8%
	14.7%	13.6%
	17.6%	10.0%
	12.7%	4.7%
	14.6%	12.2%

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