The story of this market
The typical home in ZIP 46615 sells for about $195,415, or $128 per square foot.
Prices are up +4.4% from a year ago, so sellers still have some momentum. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $988 a month.
ZIP 46615 — South Bend
The housing market in ZIP 46615 shows robust activity with a median sale price of $195,415 and a low median days on market of 14. The sale-to-list ratio of 100.2% indicates strong buyer competition. This is driven by the area's accessible price points relative to the broader South Bend market, attracting first-time buyers and investors.
Ideal for family buyers and first-time homeowners seeking entry-level housing in a competitive but accessible market.
Median prices moved up 4.4% year over year.
Homes spend a median of 14 days on market with 0.6 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.3% · poverty 13.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46615, St. Joseph County, Indiana
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Not determinable; specific neighborhood-level crime trends are not published as a singular standardized index for this ZCTA.
Schools in the South Bend Community School Corporation serve the area, with ratings varying by specific school; parents generally characterize the district as having significant school-choice options.
Standard regional posture for the Midwest, primarily managed through local flood-plain mapping and standard homeowner's insurance policies; no extreme wildfire risk.
Development momentum is tied to the broader South Bend economic revitalization, with anchor proximity to the University of Notre Dame and downtown employment cores.
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.
Primarily auto-dependent; efficient access to downtown South Bend via major arterial roads.
Proximity to local parks such as River Park, with easy access to the St. Joseph River greenways and nearby shopping/dining districts within a 3-mile radius.
Market depth is moderate, with rising rents driven by limited inventory; high interest from professional renters and students.
Industry mix includes healthcare, education (University of Notre Dame), and manufacturing, supporting a diverse local workforce.
Ongoing revitalization efforts focus on residential infill and infrastructure improvements in the South Bend metro corridor.
Parcels attach to the South Bend Community School Corporation and relevant municipal utility districts.
Standard residential property insurance market with premiums typically aligned with Indiana’s moderate risk profile.
Data sourced from data.census.gov, ACS 2018-2022 5-Year Estimates. Figures for owner-occupancy rate, renter share, cost burden, population change, net migration, WFH share, mean commute, bachelor's plus, unemployment, and poverty rate are estimates or may not be directly published for ZCTA level and
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 Park4.32.6 mi
- Niles Scream Park4.411.2 mi
- Sky Zone Trampoline Park4.12.3 mi
- Amazing Acres4.515.9 mi
- Chuck E. Cheese3.70.9 mi
- Notre Dame Stadium4.81.6 mi
- Golden Corral Buffet & Grill42.4 mi
- Compton Family Ice Arena4.81.3 mi
- Joyce Center4.71.5 mi
- RedBud MX4.815.2 mi
- Potawatomi Zoo4.51 mi
- Cinemark South Bend and SCREENX4.61.3 mi
- Potato Creek State Park4.712.9 mi
- Basilica of the Sacred Heart4.92 mi
- Smiley's Space Themed Adventure Park4.32.6 mi
- Indiana Dinosaur Museum4.27.2 mi
- RV/MH Hall of Fame4.617.4 mi
- Fernwood Botanical Garden4.714.4 mi
- Studebaker National Museum4.82.7 mi
- The Lerner Theatre4.712.3 mi
- Potato Creek State Park4.712.9 mi
- Howard Park4.71.7 mi
- Central Park4.62.1 mi
- Wellfield Botanic Gardens4.812.1 mi
- St. Patrick's County Park4.75.7 mi
- Boat Ramp Diamond Lake4.418.4 mi
- Wyland's Mishawaka Marina4.44.7 mi
- Warren Golf Course4.61.9 mi
- Elbel Park Golf Course4.59.9 mi
- Knollwood Country Club4.45 mi
- Morris Park Country Club4.70.2 mi
- Juday Creek Golf Course3.83.9 mi
- University Park Mall4.32.7 mi
- Meijer4.12 mi
- Meijer4.14.9 mi
- Meijer4.24.3 mi
- Meijer4.512.7 mi
- South Bend International Airport4.35.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local park with green space and river access.
Provides recreational opportunities and scenic views.
A notable park within the South Bend area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.