SIALIMStatistical Intelligence for America's Local Investment Markets

46615South Bend, IN Home Values

Typical home value $185,544 as of June 2026 · 22nd of 27 in South Bend-Mishawaka, IN-MI

Typical value — June 2026
$185,544
observed, not a forecast
Past 12 months
+6.0%
trailing year-over-year change
Past 5 years
+47.2%
June 2021 to June 2026
Rank in metro
22nd
of 27 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 46615, June 2021 to June 2026. This page shows observed data only; no forecast.

How 46615 compares in the South Bend-Mishawaka, IN-MI area

ZIP code 46615 (South Bend, IN) has a typical home value of $185,544 as of June 2026, ranking 22nd of 27 ZIP codes tracked in the South Bend-Mishawaka, IN-MI area, more expensive than about 22% of ZIP codes in the metro. Prices here have moved +6.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +47.2%, from $126,052 in June 2021 to $185,544 in June 2026. Against observed rent, the typical home here sells for 11.2× the annual rent ($1,379/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the South Bend-Mishawaka, IN-MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in South Bend.

Population and demographics

ZIP code 46615 has a population of 14,411, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 67.4% White, 12.7% Black or African American, 10.4% Hispanic or Latino, 4.9% two or more races, 3.7% Asian, 0.7% another race, and 0.1% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
McKinley Elementary School228 N Greenlawn Ave, South Bend, IN0.6 mi
Adams High School808 S Twyckenham Dr, South Bend, IN0.8 mi
Nuner Fine Arts Academy2716 Pleasant St, South Bend, IN0.9 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 46615?

$185,544 as of June 2026, the latest month Zillow has published observed data for.

Is 46615 an expensive ZIP code in the South Bend-Mishawaka, IN-MI area?

46615 ranks 22nd of 27 ZIP codes in the South Bend-Mishawaka, IN-MI area by typical home value, more expensive than about 22% of ZIP codes in the metro.

How much have home values in 46615 changed over the past year?

+6.0% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 46615?

The typical home price is 11.2× the observed annual rent in this ZIP code ($1,379/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 46615?

14,411, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 46615?

McKinley Elementary School (0.6 mi), Adams High School (0.8 mi), Nuner Fine Arts Academy (0.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 46615?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the South Bend-Mishawaka, IN-MI forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.