The story of this market
The typical home in ZIP 46617 sells for about $349,824, or $208 per square foot.
Prices are down 9.83% from a year ago, which gives buyers more room to negotiate. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,479 a month.
ZIP 46617 — South Bend
The 46617 housing market is currently experiencing a correction with median prices down nearly 10% year-over-year. High vacancy rates and a competitive but cooling environment suggest a cautious outlook for investors and buyers.
This ZIP is well-suited for university-affiliated professionals, families seeking proximity to educational institutions, and investors, though it requires careful navigation of vacancy risks.
Median prices moved down 9.8% year over year.
Homes spend a median of 28 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 16.6% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46617, 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 influenced by its proximity to the University of Notre Dame, which serves as a major economic and cultural anchor for the region.
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 in South Bend, providing relatively short commute times to the downtown employment core and the university.
The area features access to the St. Joseph River, Howard Park, and various local trails and shopping districts near the university and downtown.
The rental market shows vacancy pressure at approximately 14.7%, with a renter share of 37.3% and an average monthly rent of $1,530.
The economy is heavily anchored by the University of Notre Dame and associated research, education, and healthcare sectors in the South Bend area.
The area is served by local bus transit and is positioned near major regional highway corridors connecting to the broader Michiana region.
Parcels are subject to local school district levies and municipal utility assessments typical of the South Bend area.
Data sourced from US Census Bureau and Repit market reports.
- Smiley's Space Themed Adventure Park4.33.7 mi
- Niles Scream Park4.410.7 mi
- Sky Zone Trampoline Park4.13 mi
- Amazing Acres4.516.9 mi
- Chuck E. Cheese3.72 mi
- Notre Dame Stadium4.81 mi
- Golden Corral Buffet & Grill43.2 mi
- Compton Family Ice Arena4.80.7 mi
- Joyce Center4.71 mi
- RedBud MX4.814.7 mi
- Potawatomi Zoo4.51.2 mi
- Cinemark South Bend and SCREENX4.62.1 mi
- Potato Creek State Park4.712.3 mi
- Basilica of the Sacred Heart4.91.4 mi
- Smiley's Space Themed Adventure Park4.33.7 mi
- Indiana Dinosaur Museum4.26.2 mi
- RV/MH Hall of Fame4.618.4 mi
- Fernwood Botanical Garden4.713.8 mi
- Studebaker National Museum4.81.7 mi
- The Lerner Theatre4.713.4 mi
- Potato Creek State Park4.712.3 mi
- Howard Park4.70.9 mi
- Central Park4.63 mi
- St. Patrick's County Park4.75.2 mi
- Newton Park4.610.6 mi
- Boat Ramp Diamond Lake4.419 mi
- Wyland's Mishawaka Marina4.45.7 mi
- Warren Golf Course4.61.8 mi
- Elbel Park Golf Course4.58.9 mi
- Knollwood Country Club4.45.3 mi
- Morris Park Country Club4.71 mi
- Juday Creek Golf Course3.84.7 mi
- University Park Mall4.33.2 mi
- Meijer4.12.8 mi
- Meijer4.14.1 mi
- Meijer4.24.9 mi
- T.J. Maxx4.33.3 mi
- South Bend International Airport4.34.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major riverfront park featuring ice skating, playgrounds, and event spaces.
A major anchor institution providing cultural, sports, and economic activity.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.