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🏘️ Housing market · data to Aug 2026

Is now a good time to buy a home in South Bend, IN?

The typical home value in South Bend, IN is $203K as of Aug 2026 (Zillow Home Value Index), up 7.2% from a year earlier. Over five years prices have compounded at +7.6% a year. Prices are 6.8% below their 10-year trend line.

$203K
Typical home value
+7.2%
1-year change
+3.4%
12-month outlook
58/100
Buy-timing score
BUY
BUY — prices are projected to rise about +3.4% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Seasonally, prices tend to be softest around Feb 2027.
Best price windowFeb 2027model estimate

South Bend, IN price trend & forecast

+5.6%
3-year CAGR
+7.6%
5-year CAGR
+0.0%
From peak
-6.8%
vs 10-yr trend
+12.9%
Momentum (annualised)
$76K$115K$153K$192K$230KBest entrySep 2016Aug 2026Aug 2028
Solid line: Zillow typical home value, monthly. Dashed: model forecast with 80% band. Green dot: projected best entry.

Explore on the interactive heat map →

Frequently asked questions

Is now a good time to buy a home in South Bend, IN?

As of Aug 2026, our buy-timing signal for South Bend, IN is BUY — prices are projected to rise about +3.4% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Seasonally, prices tend to be softest around Feb 2027. Buy-timing score: 58/100.

Will home prices in South Bend, IN go down in 2027?

The model projects +3.4% over the next 12 months: about $210K by Aug 2027, with an 80% range of $205K–$216K (today $203K). Forecasts are statistical and can be wrong — rates, supply and local events matter.

What is the average home price in South Bend, IN?

The typical (mid-tier) home value in South Bend, IN is $203K as of Aug 2026, +7.2% year over year.

What is the cheapest time of year to buy in South Bend, IN?

Historically, prices in South Bend, IN run lowest in February, about 2.6% below the annual average, and highest in August.

Other cities in Indiana

Source & method

Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.

Housing forecasts are statistical projections with wide uncertainty; local factors (interest rates, supply, school districts, micro-location) can dominate. Not real-estate, mortgage or investment advice.