Home prices
The median home in South Bend is valued at $85,200. Compared to its nearby areas it is approximately $45,660 (34%) lower.In comparison to the rest of the country it is about $132,300 (60%) lower, and is approximately $172,800 (66%) lower compared to the city of Chicago.
Rents
In South Bend the median rent is $789 a month. In comparison to nearby areas this is approximately $191 (19%) lower.Compared to the rest of the country it is roughly $273 (25%) lower, and in comparison to the city of Chicago is roughly $323 (29%) lower.
Nearby places
Mishawaka
Mishawaka is South Bend's neighbor to the east. Its real estate prices are a bit more expensive. The value of the median home in Mishawaka is $102,900, which is $17,700 (17%) higher than South Bend. The rent there is pretty similar. Mishawaka's median monthly rent is $780, which works out to $9 (1%) lower than South Bend.
Roseland
Roseland is approximately 2 miles north of South Bend. Its real estate prices are similar. The median home cost in Roseland is $81,300, which comes out to $3,900 (4%) lower than South Bend. The rent there is fairly similar. In Roseland the median monthly rent is $788, which is very similar to South Bend.
Indian Village
Indian Village is about 2 miles northeast of South Bend. The housing prices there are a lot more expensive. The price of the median home in Indian Village is $138,600, which is $53,400 (38%) higher than South Bend. Its rents are a little more expensive. Indian Village's median monthly rent is $896, which works out to $107 (11%) higher than South Bend.
Granger
Granger is about 7 miles northeast of South Bend. Its real estate prices are a lot more expensive. The median home in Granger is valued at $219,900, which is $134,700 (61%) higher than South Bend. Rent there is substantially more expensive. The median monthly rent in Granger is $1,491, which is $702 (47%) higher than South Bend.
Osceola
Osceola is about 8 miles east of South Bend. Its real estate prices are somewhat more expensive. The median home in Osceola is valued at $111,600, which works out to $26,400 (23%) higher than South Bend. The rent there is a little more expensive. The median rent in Osceola is $945 a month, which comes out to $156 (16%) higher than South Bend.