Is South Bend, IN 46616 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

South Bend is a seller’s market. With about 1.2 months of supply and 47% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.2Under 4 months = seller’s market

Sold above original list47%Share of sales, last 3 months

Median sale-to-list96.9%Sold price ÷ list price

Median days on market18Listing to accepted offer

Median price per sq ft$132▲ +19.5% vs. last year

Run the numbers for 46616

Prefilled for 46616Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46616Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Granger 46530Seller’s market $153 /sq ft Lakeville 46536Seller’s market $164 /sq ft Mishawaka 46544Seller’s market $144 /sq ft Mishawaka 46545Seller’s market $159 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology