The story of this market
The typical home in ZIP 46601 sells for about $175,225, or $133 per square foot.
Prices are up +5% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $866 a month.
ZIP 46601 — South Bend
The 46601 housing market is currently balanced, with prices showing modest year-over-year growth. While affordability remains a challenge for local income levels, the market is supported by steady demand and a high concentration of rental housing.
This ZIP is well-suited for renters and budget-conscious buyers looking for proximity to the urban core and lower entry-level housing costs.
Median prices moved up 5.0% year over year.
Homes spend a median of 48 days on market with 3.5 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 13.0% · poverty 35.2% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46601, St. Joseph County, IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the South Bend Community School Corporation, with local options including The Portage School of Leaders.
The area benefits from proximity to the South Bend employment core, with ongoing urban revitalization efforts in the city center.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The ZIP is centrally located within South Bend, providing short drive times to the downtown employment core and major regional transit corridors.
Residents have access to local parks and the St. Joseph River greenway, with proximity to downtown shopping and dining districts.
The rental market is characterized by a high renter share of approximately 76%, indicating strong demand for multi-family and apartment housing.
The local economy is anchored by education, healthcare, and manufacturing sectors, with the University of Notre Dame serving as a major regional employer.
The area is served by local bus transit and is positioned near major highway corridors connecting to the broader Michiana region.
Ongoing urban development projects in downtown South Bend continue to influence the surrounding ZIP codes.
St. Joseph County utilizes a mass appraisal system to determine property values for tax assessment purposes.
Parcels are subject to local school district taxes and municipal utility assessments.
Data retrieved from US Census Bureau ZCTA profiles and City-Data.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Smiley's Space Themed Adventure Park4.35 mi
- Niles Scream Park4.411 mi
- Sky Zone Trampoline Park4.14.4 mi
- Amazing Acres4.518.3 mi
- Chuck E. Cheese3.73.2 mi
- Notre Dame Stadium4.82.1 mi
- Golden Corral Buffet & Grill44.6 mi
- Compton Family Ice Arena4.81.9 mi
- Joyce Center4.72.1 mi
- RedBud MX4.814.9 mi
- Potawatomi Zoo4.51.9 mi
- Potato Creek State Park4.711 mi
- Cinemark South Bend and SCREENX4.63.5 mi
- Basilica of the Sacred Heart4.92.2 mi
- Smiley's Space Themed Adventure Park4.35 mi
- Indiana Dinosaur Museum4.25.4 mi
- RV/MH Hall of Fame4.619.7 mi
- Fernwood Botanical Garden4.714.1 mi
- Studebaker National Museum4.80.5 mi
- The Lerner Theatre4.714.6 mi
- Potato Creek State Park4.711 mi
- Howard Park4.70.6 mi
- Central Park4.63.9 mi
- St. Patrick's County Park4.75.8 mi
- Newton Park4.69.6 mi
- Wyland's Mishawaka Marina4.46.8 mi
- Warren Golf Course4.63 mi
- Elbel Park Golf Course4.58.4 mi
- Knollwood Country Club4.46.5 mi
- Morris Park Country Club4.72.2 mi
- Juday Creek Golf Course3.86.1 mi
- University Park Mall4.34.6 mi
- Meijer4.14.2 mi
- Meijer4.14.1 mi
- Meijer4.25.2 mi
- T.J. Maxx4.34.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational trails and green space along the riverfront.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.