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South Bend, IN 46628 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
South Bend, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.22
ActiveActive listings: 3636PendingPending sales: 88
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): $237k$237kSoldMedian sold price (last 6 months): $170k$170k
What homes actually sell for in South Bend, IN
Distribution of 326 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $85k to $315k
$50k to $115k: 92 sales92sales$50k$115k to $180k: 59 sales$180k to $246k: 35 sales$180k$246k to $311k: 42 sales$311k to $376k: 30 sales$311k$376k to $442k: 17 sales$442k to $507k: 15 sales$442k$507k to $572k: 3 salesMedian $170k

What the numbers say

As of September 14, 2026, Resideline is tracking 36 active listings and 8 pending sales in ZIP code 46628. That pending-to-active ratio of 0.22 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $237,450, while the median of the 326 closed sales Resideline tracked over the last six months was $170,000. 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 62 days.

Frequently asked questions

What is the median home price in 46628?

The median closed sale price in South Bend, IN 46628 was $170,000 over the last six months, based on 326 closed sales tracked by Resideline. The middle half of those sales ranged from $85,251 to $315,000.

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

Resideline is currently tracking 8 pending sales against 36 active listings in 46628, a pending-to-active ratio of 0.22. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 46628 currently looks like a balanced market.

Nearby ZIP code market data

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