54Alpha

South Bend, IN metro area Housing Market Brief

metro · IN · score computed October 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%
●81
Inventory Health25%
●35

Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band

Affordability20%
●65
Economic Strength20%
-8.126
Rental Yield15%
●73

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

EmergingGrowingMaturePeakingDecliningRecovering

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

What’s the forecast for South Bend, IN metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

South Bend, IN metro area housing market data

MetricValueYoYSource
Median Sale Price$281K▲ +14.8%Redfin
Median Days on Market31 days▲ +3.3%Redfin
Months of Supply2.7▲ +8%Redfin
Homes for Sale935▲ +10.7%Redfin
Homes Sold348▲ +2.4%Redfin
Median Price / Sq Ft$151▲ +5.5%Redfin

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

Now: 54
2-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?

In the scores computed October 2026, South Bend, IN metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, building, 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 $281K, having risen 14.8% over the past year, according to Redfin.

How affordable is South Bend, IN metro area?

South Bend, IN metro area scores 65 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 Price Momentum (81/100) and its weakest is Economic Strength (26/100). 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.