Market Intelligence · IN / South Bend

South Bend, IN 46616 Housing Market

Homes in South Bend's 46616 ZIP code have a typical value of $151,750, up 7.0% over the past year. The median list price sits at $173,675, and homes are moving in 19 days on the market.

Updated September 2026Median value$152K

The median home value in South Bend, IN 46616 is $152K as of September 2026, up 7.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 46616 range

$140K to $164K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+7.0% over 12 months

Sep 2025$142K

Low $142KHigh $152K

Sep 2026$152K

The numbers

What is the 46616 housing market like?

As of September 2026

Typical home value

$152K

7.0%YoY

Median list price

$174K

0.8%MoM

Days on market

36.7%MoM

Homes for sale

7.7%MoM

Price cuts

5.3%

77.0%MoM

New listings

25.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

46616 housing market forecast 2027

+3.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 46616 to rise 3.9% by September 2027.

Over the 12 months through September 2026, typical home values in 46616 rose 7.0%, per the Zillow Home Value Index.

Will home prices drop in 46616?

Zillow's forecast does not call for a drop: it expects typical home values in 46616 to rise 3.9% by September 2027, after a 7.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 46616 home prices compare?

46616$151,750
South Bend$179,938
Indiana$233,780
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (South Bend: 10 ZIPs; Indiana: 697 ZIPs; United States: 26,262 ZIPs).

Context

There are 12 homes for sale in 46616 as of September 2026, with 10 new listings added to the market. The median days on market of 19 suggests steady buyer interest. Only 5.3% of listings have seen a price cut, which is a low share. For sellers, the year-over-year appreciation is real, but the current inventory is modest and list prices remain above the typical home value, so pricing will matter when you list.

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Down payment20% · $30,350

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Common questions

What people ask us.

What is the typical home value in 46616?

The typical home value is $151,750 as of September 2026, up 7.0% over the past year.

How long do homes stay on the market in 46616?

The median days on market is 19 as of September 2026.

How many homes are currently for sale in 46616?

There are 12 homes for sale as of September 2026, with 10 new listings in the same period.

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