Market Intelligence · IN / South Bend

South Bend, IN 46628 Housing Market

The typical home value in South Bend's 46628 ZIP code is $177,822, up 7.9% over the past year. The median list price sits at $234,450, with homes typically on the market for 47 days as of September 2026.

Updated September 2026Median value$178K

The median home value in South Bend, IN 46628 is $178K as of September 2026, up 7.9% 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 46628 range

$164K to $192K

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

+7.9% over 12 months

Sep 2025$165K

Low $165KHigh $178K

Sep 2026$178K

The numbers

What is the 46628 housing market like?

As of September 2026

Typical home value

$178K

7.9%YoY

Median list price

$234K

4.3%MoM

Days on market

9.6%MoM

Homes for sale

10.6%MoM

Price cuts

32.4%

16.0%MoM

New listings

5.0%MoM

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

The outlook

46628 housing market forecast 2027

+3.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 46628 to rise 3.4% by September 2027.

Over the 12 months through September 2026, typical home values in 46628 rose 7.9%, per the Zillow Home Value Index.

Will home prices drop in 46628?

Zillow's forecast does not call for a drop: it expects typical home values in 46628 to rise 3.4% by September 2027, after a 7.9% 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 46628 home prices compare?

46628$177,822
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

South Bend's 46628 neighborhood shows mixed signals for both buyers and sellers. There are 94 homes currently for sale, with 42 new listings added in September 2026. Nearly one in three listings, at 32.4%, have received a price cut, suggesting sellers are adjusting to market realities. The median time on market of 47 days indicates properties are moving at a moderate pace. For sellers, the modest year-over-year appreciation means you should weigh your timeline against current conditions rather than betting on rapid gains.

Monthly payment

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Down payment20% · $35,564

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Common questions

What people ask us.

What is the typical home value in 46628?

The typical home value is $177,822, which has increased 7.9% over the past year.

How long do homes typically stay on the market in this ZIP?

Homes in 46628 remain on the market for a median of 47 days as of September 2026.

Are sellers lowering prices in this area?

Yes, 32.4% of listings have received a price cut, indicating price adjustments are common in the current market.

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