South Bend, IN Real Estate
According to census data in the year 2000 there were 46,230 housing units in South Bend.
This represents a 1% growth from 45,757 in 1990.
Of those housing units, 46,162 were located in either urbanized areas or urban clusters, and 68 were located in what is classified as a rural area.
Homeownership rate in South Bend is about 63.1%.
South Bend's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in South Bend were built after 1953.
|Housing Units by Size|
|Five Bedrooms or more||2.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.54|
|Median year structure was built||1950|
|Median Value of occupied units||$66,600|
|Median Price asked for vacant units||$48,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1960|
|Median Monthly Rent asked for vacant units||$457|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||7.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.5%|