Zip 46617 (South Bend, IN) Housing

The median housing value in 46617 South Bend, IN is $229,300 which is significantly lower than the national average of $338,100. Although appreciation rates are still positive, the one year house appreciation rate for South Bend is 10.77%, slightly lower than the US average of 8.27%. Despite this discrepancy, South Bend's housing market remains a great option for buyers and investors looking for good value opportunities.

The median home cost in South Bend (zip 46617) is $229,300. Home appreciation the last 10 years has been 87.3%. Home Appreciation in South Bend (zip 46617) is up 16.2%.

Average Age of Homes

- The median age of South Bend (zip 46617) real estate is 65 years old

The Rental Market in South Bend (zip 46617)

- Renters make up 27.5% of the South Bend (zip 46617) population
- 2.5% of houses and apartments in South Bend (zip 46617), 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
	5,123.0	139,647,020.0
	66	42
	$229,300	$338,100
	16.2%	16.6%
	62.1%	57.0%
	87.3%	101.1%
	$10.65	$10.98
	$1,819	$2,690
	54.4%	57.4%
	15.2%	11.2%
	30.4%	31.4%
Vacant Housing
	2.5%	1.9%
	1.7%	0.4%
	0.1%	0.7%
	0.3%	0.4%
	5.5%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	1.6%	2.4%
	2.3%	2.8%
	4.4%	3.9%
	8.7%	4.5%
	21.7%	11.3%
	17.8%	13.0%
	17.5%	20.1%
	8.3%	13.6%
	2.4%	8.3%
	5.4%	9.7%
	5.7%	3.9%
	1.8%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	6.5%	13.6%
	6.5%	13.6%
	4.0%	13.6%
	5.4%	13.2%
	5.8%	14.8%
	4.0%	13.6%
	17.7%	10.0%
	10.0%	4.7%
	31.5%	12.2%

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