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South Bend, IN 46628 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
South Bend, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 4141PendingPending sales: 22
South Bend, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $320k$320kSoldMedian sold price (last 6 months): $190k$190k
What homes actually sell for in South Bend, IN
Distribution of 278 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $90k to $325k
$45k to $110k: 72 sales72sales$45k$110k to $174k: 49 sales$174k to $239k: 24 sales$174k$239k to $304k: 36 sales$304k to $369k: 33 sales$304k$369k to $434k: 14 sales$434k to $498k: 16 sales$434k$498k to $563k: 7 salesMedian $190k

What the numbers say

As of October 26, 2026, Resideline is tracking 41 active listings and 2 pending sales in ZIP code 46628. That pending-to-active ratio of 0.05 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $319,900, while the median of the 278 closed sales Resideline tracked over the last six months was $189,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 46628 for 79 days.

Frequently asked questions

What is the median home price in 46628?

The median closed sale price in South Bend, IN 46628 was $189,900 over the last six months, based on 278 closed sales tracked by Resideline. The middle half of those sales ranged from $90,000 to $325,000.

Is 46628 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 41 active listings in 46628, a pending-to-active ratio of 0.05. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 46628 is currently a slower-moving market.

Nearby ZIP code market data

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