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1 / 17#17. South Bend, IN
- Typical home value: $201,639
- 1-year price change: +7.2%
- 5-year price change: +44.4%
Cities with the most expensive homes in the South Bend metro area
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Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the South Bend metro area using data from . Charts show the monthly typical home value since January 2018. All 17 cities and towns with data available were included in the list.
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2 / 17#16. Mishawaka, IN
- Typical home value: $216,127
- 1-year price change: +5.8%
- 5-year price change: +33.8%
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3 / 17#15. Gulivoire Park, IN
- Typical home value: $217,720
- 1-year price change: +7.7%
- 5-year price change: +42.8%
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4 / 17#14. Decatur, MI
- Typical home value: $220,276
- 1-year price change: +2.5%
- 5-year price change: +8.4%
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5 / 17#13. Dowagiac, MI
- Typical home value: $231,862
- 1-year price change: +5.1%
- 5-year price change: +21.1%
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6 / 17#12. Marcellus, MI
- Typical home value: $256,560
- 1-year price change: +6.6%
- 5-year price change: +19.5%
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7 / 17#11. North Liberty, IN
- Typical home value: $270,638
- 1-year price change: +8.0%
- 5-year price change: +43.1%
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8 / 17#10. Jones, MI
- Typical home value: $277,584
- 1-year price change: +7.6%
- 5-year price change: +20.6%
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9 / 17#9. Cassopolis, MI
- Typical home value: $280,573
- 1-year price change: +4.7%
- 5-year price change: +9.3%
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10 / 17#8. New Carlisle, IN
- Typical home value: $281,788
- 1-year price change: +5.0%
- 5-year price change: +37.8%
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11 / 17#7. Lakeville, IN
- Typical home value: $292,314
- 1-year price change: +8.4%
- 5-year price change: +42.6%
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12 / 17#6. Osceola, IN
- Typical home value: $295,473
- 1-year price change: +5.5%
- 5-year price change: +34.2%
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13 / 17#5. Edwardsburg, MI
- Typical home value: $313,216
- 1-year price change: +3.1%
- 5-year price change: +19.2%
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14 / 17#4. Wakarusa, IN
- Typical home value: $320,904
- 1-year price change: +5.9%
- 5-year price change: +29.8%
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15 / 17#3. Vandalia, MI
- Typical home value: $360,369
- 1-year price change: +6.4%
- 5-year price change: +15.8%
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16 / 17#2. Union, MI
- Typical home value: $407,987
- 1-year price change: +3.3%
- 5-year price change: +18.5%
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17 / 17#1. Granger, IN
- Typical home value: $418,846
- 1-year price change: +4.1%
- 5-year price change: +28.6%
