56Alpha

South Bend, IN metro area Housing Market Brief

metro · as of May 2026

Balanced

What is South Bend, IN metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-9.657
Inventory Health25%
-9.644
Affordability20%
64
Economic Strength20%
No data
50
Rental Yield15%
71

Where is South Bend, IN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

South Bend, IN metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

South Bend, IN metro area housing market data

MetricValueYoY
Median Sale Price$251K▲ +10.8%
Median Days on Market25 days0%
Months of Supply2.1▲ +5%
Homes for Sale703-5.3%
Homes Sold335-11.8%
Median Price / Sq Ft$150▲ +7.6%
Sale-to-List Ratio98.8%0%

How has South Bend, IN metro area’s Alpha Score moved?

Now: 56
4-period trend
Median sale price · 12 mo

Markets like South Bend, IN metro area

Frequently asked questions

Is South Bend, IN metro area a buyer's or seller's market?

As of May 2026, South Bend, IN metro area is classified as a Balanced Market, based on its Alpha Score of 56 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in South Bend, IN metro area?

The median sale price in South Bend, IN metro area is $251K, having risen 10.8% over the past year.

How affordable is South Bend, IN metro area?

South Bend, IN metro area scores 64 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving South Bend, IN metro area's Alpha Score?

South Bend, IN metro area's strongest dimension is Rental Yield (71/100) and its weakest is Inventory Health (44/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of South Bend, IN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.