SOUTH BEND - MISHAWAKA Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in South Bend - Mishawaka averaged
6.85%
for the week of 2025-05-22, compared to the national average of
6.86% for the same period.
The average rate for the prior week (2025-05-15) was
6.8% and
one month ago for the week of 2025-04-17, the
average rate was 7.22%.
South Bend - Mishawaka's average rate one year ago was 7.01%.
For refis of the same type during the week of 2025-05-22, the average rate
was 7.77%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-22 | 6.86% |
| South Bend - Mishawaka 30 Year Fixed Rate | 2025-05-22 | 6.85% |
| South Bend - Mishawaka 30 Year Fixed Rate Refi | 2025-05-22 | 7.77% |
| South Bend - Mishawaka 15 Year Fixed Rate | 2025-05-22 | 6.37% |
| South Bend - Mishawaka 15 Year Fixed Rate Refi | 2025-05-22 | 6.51% |
| South Bend - Mishawaka 30 Year FHA | 2025-05-22 | 6.82% |
| South Bend - Mishawaka 30 Year FHA Refi | 2025-05-22 | 6.38% |
| South Bend - Mishawaka 30 Year USDA | 2025-05-22 | 6.43% |
| South Bend - Mishawaka 30 Year USDA Refi | 2025-05-22 | 6.33% |
| South Bend - Mishawaka 30 Year VA | 2025-05-22 | 6.98% |
| South Bend - Mishawaka 30 Year VA Refi | 2025-05-22 | 6.04% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SOUTH BEND-MISHAWAKA, IN-MI.
SOUTH BEND - MISHAWAKA Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SOUTH BEND-MISHAWAKA, IN-MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
SOUTH BEND - MISHAWAKA Average Closing Costs & Other Stats
SOUTH BEND-MISHAWAKA, IN-MI's 182 lenders originated 7,587
loans during 2024. The total origination value was $1,411,975,000, with an average loan value of
$186,105.
SOUTH BEND - MISHAWAKA's average closing costs are $3,857.
The top SOUTH BEND - MISHAWAKA lender as defined by loan originations is HALLMARK HOME MORTGAGE, LLC, with
307 loans originated. Their average total fees are
$4,851, which is $1,833
higher than the next largest lender,
RUOFF MORTGAGE COMPANY, INC..
The lowest fee SOUTH BEND - MISHAWAKA lenders (with over 10 loans originated) are
Centier Bank ($1,314), INOVA FEDERAL CREDIT UNION ($2,159), Northwest Bank ($2,452), JPMorgan Chase Bank ($2,554) and TEACHERS CREDIT UNION ($2,706).
The lowest rate SOUTH BEND - MISHAWAKA lenders (with over 10 loans originated) are
Wells Fargo Bank (6.43%), INTERRA CREDIT UNION (6.51%), PNC Bank (6.52%), Honor Credit Union (6.59%) and Flagstar Bank, FSB (6.60%).
SOUTH BEND-MISHAWAKA, IN-MI Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| 1st Source Bank | $85,325,000 | $144,695,000 | 69.6% | 10.2% |
| Notre Dame Federal Credit Union Corporation | $117,575,000 | $106,465,000 | -9.4% | 7.5% |
| HALLMARK HOME MORTGAGE, LLC | $65,925,000 | $93,620,000 | 42.0% | 6.6% |
| RUOFF MORTGAGE COMPANY, INC. | $63,530,000 | $84,360,000 | 32.8% | 6.0% |
| Bank of America | $5,030,000 | $79,005,000 | 1,470.7% | 5.6% |
| QUICKEN LOANS, LLC | $56,555,000 | $68,860,000 | 21.8% | 4.9% |
| TEACHERS CREDIT UNION | $66,880,000 | $68,380,000 | 2.2% | 4.8% |
| First Federal Savings Bank | $45,545,000 | $50,280,000 | 10.4% | 3.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $34,770,000 | $47,885,000 | 37.7% | 3.4% |
| CARDINAL FINANCIAL | $53,395,000 | $45,600,000 | -14.6% | 3.2% |
| UNITED | $23,775,000 | $31,260,000 | 31.5% | 2.2% |
| Old National Bank | $36,990,000 | $27,080,000 | -26.8% | 1.9% |
| JPMorgan Chase Bank | $23,650,000 | $26,110,000 | 10.4% | 1.8% |
| Mortgage Research Center, LLC | $17,450,000 | $19,920,000 | 14.2% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $7,065,000 | $19,910,000 | 181.8% | 1.4% |
| Horizon Bank | $18,275,000 | $19,795,000 | 8.3% | 1.4% |
| Lake City Bank | $11,365,000 | $18,600,000 | 63.7% | 1.3% |
| Honor Credit Union | $16,635,000 | $16,895,000 | 1.6% | 1.2% |
| UNION HOME MORTGAGE CORP. | $6,440,000 | $16,240,000 | 152.2% | 1.2% |
| The Huntington National Bank | $14,220,000 | $14,970,000 | 5.3% | 1.1% |
| Fifth Third Bank | $13,765,000 | $13,390,000 | -2.7% | 0.9% |
| INTERRA CREDIT UNION | $6,540,000 | $13,345,000 | 104.1% | 0.9% |
| INOVA FEDERAL CREDIT UNION | $13,975,000 | $13,105,000 | -6.2% | 0.9% |
| PNC Bank | $16,920,000 | $11,855,000 | -29.9% | 0.8% |
| GREYSTONE SERVICING COMPANY LLC | $11,705,000 | n/a | 0.8% | |
| CHURCHILL MORTGAGE CORPORATION | $12,170,000 | $10,495,000 | -13.8% | 0.7% |
| INDIANA UNIVERSITY CREDIT UNION | $1,290,000 | $9,410,000 | 629.5% | 0.7% |
| LENDINGHOME FUNDING CORPORATION | $2,660,000 | $9,205,000 | 246.1% | 0.7% |
| Centier Bank | $22,115,000 | $9,160,000 | -58.6% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $6,420,000 | $9,080,000 | 41.4% | 0.6% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $5,565,000 | $8,800,000 | 58.1% | 0.6% |
| GUARANTEED RATE, INC. | $10,180,000 | $8,715,000 | -14.4% | 0.6% |
| GVC MORTGAGE, INC. | $2,195,000 | $8,335,000 | 279.7% | 0.6% |
| LOANDEPOT.COM, LLC | $7,650,000 | $8,045,000 | 5.2% | 0.6% |
| Flagstar Bank, FSB | $6,495,000 | $6,475,000 | -0.3% | 0.5% |
| Northwest Bank | $9,965,000 | $6,465,000 | -35.1% | 0.5% |
| First State Bank of Middlebury | $6,080,000 | $5,720,000 | -5.9% | 0.4% |
| Wells Fargo Bank | $4,120,000 | $5,360,000 | 30.1% | 0.4% |
| LAKE MICHIGAN CREDIT UNION | $3,030,000 | $5,155,000 | 70.1% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,235,000 | $5,030,000 | -3.9% | 0.4% |
| The Campbell & Fetter Bank | $1,960,000 | $5,010,000 | 155.6% | 0.4% |
| OAK MORTGAGE, LLC | $3,955,000 | $4,700,000 | 18.8% | 0.3% |
| KeyBank | $6,110,000 | $4,650,000 | -23.9% | 0.3% |
| BROKER SOLUTIONS, INC. | $2,425,000 | $4,595,000 | 89.5% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,050,000 | $4,265,000 | 108.0% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $4,970,000 | $4,240,000 | -14.7% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $5,760,000 | $4,230,000 | -26.6% | 0.3% |
| DEEPHAVEN MORTGAGE LLC | $400,000 | $3,945,000 | 886.3% | 0.3% |
| EVERETT FINANCIAL, INC. | $5,970,000 | $3,925,000 | -34.3% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $3,040,000 | $3,915,000 | 28.8% | 0.3% |
| BMO Harris Bank | $2,220,000 | $3,740,000 | 68.5% | 0.3% |
| Carrington Mortgage Services, LLC | $2,095,000 | $3,675,000 | 75.4% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $115,000 | $3,505,000 | 2,947.8% | 0.2% |
| NEWREZ LLC | $3,545,000 | $3,460,000 | -2.4% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,085,000 | $3,325,000 | 7.8% | 0.2% |
| U.S. Bank | $3,375,000 | $3,150,000 | -6.7% | 0.2% |
| CONSUMERS | $1,600,000 | $3,105,000 | 94.1% | 0.2% |
| Discover Bank | $2,155,000 | $3,055,000 | 41.8% | 0.2% |
| USAA Federal Savings Bank | $4,050,000 | $3,050,000 | -24.7% | 0.2% |
| Northpointe Bank | $1,645,000 | $2,960,000 | 79.9% | 0.2% |
| Prosperity Home Mortgage, LLC | $245,000 | $2,960,000 | 1,108.2% | 0.2% |
| VAN DYK MORTGAGE CORPORATION | $2,660,000 | $2,820,000 | 6.0% | 0.2% |
| Circle Federal Credit Union | $10,030,000 | $2,745,000 | -72.6% | 0.2% |
| ZILLOW HOME LOANS, LLC | $2,005,000 | $2,510,000 | 25.2% | 0.2% |
| GreenStone Farm Credit Services, FLCA | $1,665,000 | $2,415,000 | 45.0% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $1,485,000 | $2,375,000 | 59.9% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $1,540,000 | $2,260,000 | 46.8% | 0.2% |
| RiverHills Bank | $2,255,000 | n/a | 0.2% | |
| GUILD MORTGAGE COMPANY | $365,000 | $2,170,000 | 494.5% | 0.2% |
| 21ST MORTGAGE CORPORATION | $1,640,000 | $2,160,000 | 31.7% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $885,000 | $2,160,000 | 144.1% | 0.2% |
| Ixonia Bank | $780,000 | $2,005,000 | 157.1% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $385,000 | $1,925,000 | 400.0% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,365,000 | $1,815,000 | 33.0% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,205,000 | $1,795,000 | 49.0% | 0.1% |
| Three Rivers Federal Credit Union | $900,000 | $1,780,000 | 97.8% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,580,000 | $1,690,000 | 7.0% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $445,000 | $1,660,000 | 273.0% | 0.1% |
| Regions Bank | $12,660,000 | $1,645,000 | -87.0% | 0.1% |
| POINT Mortgage | $1,640,000 | n/a | 0.1% | |
| Figure Lending LLC | $840,000 | $1,590,000 | 89.3% | 0.1% |
| MJW Financial LLC | $2,210,000 | $1,575,000 | -28.7% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $115,000 | $1,560,000 | 1,256.5% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $165,000 | $1,560,000 | 845.5% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $380,000 | $1,535,000 | 303.9% | 0.1% |
| ARBOR FINANCIAL CREDIT UNION | $980,000 | $1,505,000 | 53.6% | 0.1% |
| LIMA ONE CAPITAL, LLC | $1,945,000 | $1,425,000 | -26.7% | 0.1% |
| The Northern Trust Company | $1,295,000 | n/a | 0.1% | |
| ON Q FINANCIAL, INC. | $1,130,000 | $1,265,000 | 11.9% | 0.1% |
| PURDUE FEDERAL CREDIT UNION | $2,325,000 | $1,230,000 | -47.1% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $775,000 | $1,220,000 | 57.4% | 0.1% |
| Union Savings Bank | $800,000 | $1,150,000 | 43.8% | 0.1% |
| Waterstone Mortgage Corporation | $1,130,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,130,000 | $1,125,000 | -0.4% | 0.1% |
| BETTER MORTGAGE CORPORATION | $930,000 | $1,120,000 | 20.4% | 0.1% |
| AmeriHome Mortgage Company, LLC | $510,000 | $1,110,000 | 117.6% | 0.1% |
| MEMBER FIRST MORTGAGE, LLC | $2,610,000 | $1,085,000 | -58.4% | 0.1% |
| POLARIS HOME FUNDING CORP. | $255,000 | $1,085,000 | 325.5% | 0.1% |
| Gold Coast Bank | $1,070,000 | n/a | 0.1% | |
| Citizens Bank | $2,890,000 | $1,045,000 | -63.8% | 0.1% |
| First Federal Bank | $1,010,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $370,000 | $1,010,000 | 173.0% | 0.1% |
| PHH Mortgage Corporation | $1,345,000 | $1,005,000 | -25.3% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $830,000 | $1,000,000 | 20.5% | 0.1% |
| LOANPAL, LLC | $1,000,000 | n/a | 0.1% | |
| PROPER RATE, LLC | $1,640,000 | $995,000 | -39.3% | 0.1% |
| Raymond James Bank | $380,000 | $985,000 | 159.2% | 0.1% |
| Equity Prime Mortgage LLC | $135,000 | $980,000 | 625.9% | 0.1% |
| STOCKTON MORTGAGE CORPORATION | $715,000 | $950,000 | 32.9% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $105,000 | $930,000 | 785.7% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $530,000 | $915,000 | 72.6% | 0.1% |
| SOUTHWEST FUNDING, LP | $885,000 | n/a | 0.1% | |
| Sturgis Bank & Trust Company | $1,735,000 | $880,000 | -49.3% | 0.1% |
| FIRST STATE MORTGAGE SERVICES, LLC | $185,000 | $860,000 | 364.9% | 0.1% |
| MICHIGAN MUTUAL, INC. | $1,020,000 | $835,000 | -18.1% | 0.1% |
| The Federal Savings Bank | $1,395,000 | $815,000 | -41.6% | 0.1% |
| Farm Credit Mid-America, ACA | $1,350,000 | $810,000 | -40.0% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $295,000 | $810,000 | 174.6% | 0.1% |
| Morgan Stanley Private Bank | $565,000 | $800,000 | 41.6% | 0.1% |
| NBKC BANK | $1,540,000 | $800,000 | -48.1% | 0.1% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $2,325,000 | $790,000 | -66.0% | 0.1% |
| Farmers State Bank | $25,000 | $790,000 | 3,060.0% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $790,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $85,000 | $790,000 | 829.4% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $335,000 | $790,000 | 135.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $435,000 | $770,000 | 77.0% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,280,000 | $770,000 | -39.8% | 0.1% |
| EASTMAN | $55,000 | $755,000 | 1,272.7% | 0.1% |
| Independent Bank | $205,000 | $755,000 | 268.3% | 0.1% |
| The First National Bank of Fort Smith | $745,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $155,000 | $725,000 | 367.7% | 0.1% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $725,000 | n/a | 0.1% | |
| Elements Financial Federal Credit Union | $465,000 | $725,000 | 55.9% | 0.1% |
| Civista Bank | $720,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $225,000 | $705,000 | 213.3% | 0.0% |
| OMNI Community Credit Union | $325,000 | $695,000 | 113.8% | 0.0% |
| MORTGAGE 1 INCORPORATED | $720,000 | $690,000 | -4.2% | 0.0% |
| The Loan Store, Inc. | $660,000 | n/a | 0.0% | |
| Truist | $965,000 | $660,000 | -31.6% | 0.0% |
| Mercantile Bank of Michigan | $415,000 | $655,000 | 57.8% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $270,000 | $650,000 | 140.7% | 0.0% |
| Bethpage Federal Credit Union | $495,000 | $635,000 | 28.3% | 0.0% |
| First Financial Bank | $530,000 | $630,000 | 18.9% | 0.0% |
| First Merchants Bank | $1,350,000 | $625,000 | -53.7% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,450,000 | $615,000 | -57.6% | 0.0% |
| DFCU FINANCIAL | $605,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $280,000 | $590,000 | 110.7% | 0.0% |
| North American Savings Bank, F.S.B. | $155,000 | $585,000 | 277.4% | 0.0% |
| MORTGAGE ACCESS CORP. | $510,000 | $580,000 | 13.7% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $820,000 | $580,000 | -29.3% | 0.0% |
| CMG MORTGAGE, INC. | $1,370,000 | $570,000 | -58.4% | 0.0% |
| MORTGAGE CENTER L.C | $1,080,000 | $570,000 | -47.2% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $825,000 | $560,000 | -32.1% | 0.0% |
| V.I.P. MORTGAGE, INC. | $1,065,000 | $560,000 | -47.4% | 0.0% |
| NUMARK CREDIT UNION | $545,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $1,255,000 | $545,000 | -56.6% | 0.0% |
| CORNHUSKER BANK | $530,000 | n/a | 0.0% | |
| Crossroads Bank | $325,000 | $520,000 | 60.0% | 0.0% |
| EVERENCE FEDERAL CREDIT UNION | $800,000 | $515,000 | -35.6% | 0.0% |
| TECH Credit Union | $165,000 | $515,000 | 212.1% | 0.0% |
| Warsaw Federal Savings and Loan Association | $515,000 | n/a | 0.0% | |
| Gateway First Bank | $230,000 | $510,000 | 121.7% | 0.0% |
| The Dart Bank | $510,000 | n/a | 0.0% | |
| Busey Bank | $4,165,000 | $505,000 | -87.9% | 0.0% |
| M&T Bank | $330,000 | $505,000 | 53.0% | 0.0% |
| UNITED MORTGAGE CORP | $505,000 | n/a | 0.0% | |
| NexBank | $500,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $265,000 | $495,000 | 86.8% | 0.0% |
| PLANET HOME LENDING, LLC | $155,000 | $495,000 | 219.4% | 0.0% |
| SIRVA MORTGAGE, INC. | $900,000 | $495,000 | -45.0% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $245,000 | $490,000 | 100.0% | 0.0% |
| CLEARPATH LENDING | $470,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $185,000 | $460,000 | 148.6% | 0.0% |
| S1L, Inc. | $215,000 | $440,000 | 104.7% | 0.0% |
| MLD MORTGAGE INC. | $435,000 | n/a | 0.0% | |
| Citibank | $695,000 | $430,000 | -38.1% | 0.0% |
| Charles Schwab Bank, SSB | $1,250,000 | $425,000 | -66.0% | 0.0% |
| DIRECT MORTGAGE LOANS, LLC | $230,000 | $425,000 | 84.8% | 0.0% |
| Peoples Bank | $425,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $105,000 | $415,000 | 295.2% | 0.0% |
| National Exchange Bank and Trust | $415,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $405,000 | $415,000 | 2.5% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $395,000 | n/a | 0.0% | |
| Arvest Bank | $65,000 | $380,000 | 484.6% | 0.0% |
| INDIANA MEMBERS CREDIT UNION | $375,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $270,000 | $370,000 | 37.0% | 0.0% |
| OCMBC, INC. | $370,000 | n/a | 0.0% | |
| Nations Lending Corporation | $495,000 | $355,000 | -28.3% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $255,000 | $350,000 | 37.3% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $345,000 | n/a | 0.0% | |
| First National Bank of Omaha | $345,000 | n/a | 0.0% | |
| HOMESITE MORTGAGE, LLC | $345,000 | n/a | 0.0% | |
| First Reliance Bank | $335,000 | n/a | 0.0% | |
| Ally Bank | $1,065,000 | $330,000 | -69.0% | 0.0% |
| SPRING EQ, LLC | $145,000 | $330,000 | 127.6% | 0.0% |
| THE MORTGAGE LINK, INC. | $325,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $515,000 | $320,000 | -37.9% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $255,000 | $320,000 | 25.5% | 0.0% |
| ADVANCIAL | $205,000 | $315,000 | 53.7% | 0.0% |
| Goldwater Bank, N.A. | $315,000 | n/a | 0.0% | |
| Home Bank SB | $305,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $165,000 | $305,000 | 84.8% | 0.0% |
| TOWNE MORTGAGE COMPANY | $460,000 | $300,000 | -34.8% | 0.0% |
| HOME TOWN FUNDING, INC. | $295,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $575,000 | $285,000 | -50.4% | 0.0% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $285,000 | n/a | 0.0% | |
| J. VIRGIL, INC. | $285,000 | n/a | 0.0% | |
| Magnolia Bank | $215,000 | $275,000 | 27.9% | 0.0% |
| SOUTH CENTRAL BANK, INC. | $265,000 | n/a | 0.0% | |
| Associated Bank | $525,000 | $255,000 | -51.4% | 0.0% |
| EMM LOANS LLC | $350,000 | $255,000 | -27.1% | 0.0% |
| GoPrime Mortgage, Inc. | $255,000 | n/a | 0.0% | |
| GREAT LAKES | $255,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $645,000 | $255,000 | -60.5% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $125,000 | $245,000 | 96.0% | 0.0% |
| Paramount Bank | $245,000 | n/a | 0.0% | |
| Plains Commerce Bank | $125,000 | $245,000 | 96.0% | 0.0% |
| BAY EQUITY LLC | $635,000 | $235,000 | -63.0% | 0.0% |
| Evolve Bank & Trust | $235,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $250,000 | $235,000 | -6.0% | 0.0% |
| MILEND, INC. | $175,000 | $235,000 | 34.3% | 0.0% |
| ALLIANT CREDIT UNION | $230,000 | n/a | 0.0% | |
| ARC HOME LLC | $225,000 | n/a | 0.0% | |
| CIBC Bank USA | $225,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $190,000 | $225,000 | 18.4% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $225,000 | $215,000 | -4.4% | 0.0% |
| American Community Bank of Indiana | $265,000 | $210,000 | -20.8% | 0.0% |
| Atlantic Union Bank | $205,000 | n/a | 0.0% | |
| MICHIGAN FIRST CREDIT UNION | $195,000 | n/a | 0.0% | |
| West Michigan Community Bank | $195,000 | n/a | 0.0% | |
| ALAMEDA MORTGAGE CORPORATION | $185,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $185,000 | n/a | 0.0% | |
| Credit Union 1 | $25,000 | $185,000 | 640.0% | 0.0% |
| JMAC LENDING, INC. | $185,000 | n/a | 0.0% | |
| CORTRUST MORTGAGE, INC. | $175,000 | n/a | 0.0% | |
| Credence Funding Corporation | $175,000 | n/a | 0.0% | |
| DeMotte State Bank | $115,000 | $175,000 | 52.2% | 0.0% |
| GENISYS | $175,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $220,000 | $175,000 | -20.5% | 0.0% |
| STAR Financial Bank | $55,000 | $175,000 | 218.2% | 0.0% |
| Sunflower Bank | $175,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $170,000 | n/a | 0.0% | |
| Fortress Bank | $230,000 | $170,000 | -26.1% | 0.0% |
| AMWEST FUNDING CORP. | $535,000 | $165,000 | -69.2% | 0.0% |
| ChoiceOne Bank | $165,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $605,000 | $165,000 | -72.7% | 0.0% |
| PREMIA MORTGAGE, LLC | $630,000 | $165,000 | -73.8% | 0.0% |
| T2 FINANCIAL LLC | $165,000 | n/a | 0.0% | |
| First American Bank | $105,000 | $160,000 | 52.4% | 0.0% |
| Southern Michigan Bank & Trust | $260,000 | $160,000 | -38.5% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $155,000 | n/a | 0.0% | |
| Texana Bank | $155,000 | n/a | 0.0% | |
| THE ANDERSON FINANCIAL GROUP, INC. | $145,000 | $155,000 | 6.9% | 0.0% |
| GENEVA FINANCIAL, LLC | $665,000 | $150,000 | -77.4% | 0.0% |
| JLB CORPORATION | $145,000 | n/a | 0.0% | |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $75,000 | $145,000 | 93.3% | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $670,000 | $135,000 | -79.9% | 0.0% |
| GREAT RIVER FEDERAL CREDIT UNION | $35,000 | $135,000 | 285.7% | 0.0% |
| German American Bank | $565,000 | $125,000 | -77.9% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $125,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $120,000 | n/a | 0.0% | |
| COMPASS MORTGAGE, INC. | $1,200,000 | $115,000 | -90.4% | 0.0% |
| GreenStone Farm Credit Services, ACA | $115,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $735,000 | $115,000 | -84.4% | 0.0% |
| Midwest Mortgage Associates Corporation | $115,000 | n/a | 0.0% | |
| LEGEND LENDING CORPORATION | $110,000 | n/a | 0.0% | |
| ADVIA | $120,000 | $105,000 | -12.5% | 0.0% |
| MORIA DEVELOPMENT, INC. | $105,000 | n/a | 0.0% | |
| STAUNTON FINANCIAL, INC. | $105,000 | n/a | 0.0% | |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $105,000 | n/a | 0.0% | |
| DIGNIFIED HOME LOANS, LLC | $95,000 | n/a | 0.0% | |
| GMFS LLC | $95,000 | n/a | 0.0% | |
| GREENSTATE CREDIT UNION | $585,000 | $95,000 | -83.8% | 0.0% |
| Kellogg Community Credit Union | $725,000 | $85,000 | -88.3% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $195,000 | $85,000 | -56.4% | 0.0% |
| LENDINGONE, LLC | $190,000 | $65,000 | -65.8% | 0.0% |
| MICHIGAN SCHOOLS AND GOVERNMENT | $65,000 | n/a | 0.0% | |
| Orion Federal Credit Union | $65,000 | n/a | 0.0% | |
| First Western Trust Bank | $55,000 | n/a | 0.0% | |
| MIDWEST AMERICA | $55,000 | n/a | 0.0% | |
| Mortgage Assurance Inc. | $55,000 | $55,000 | 0.0% | 0.0% |
| Coastal Community Bank | $25,000 | $50,000 | 100.0% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $30,000 | $40,000 | 33.3% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $825,000 | $35,000 | -95.8% | 0.0% |
| BayCoast Bank | $35,000 | n/a | 0.0% | |
| MEMBERS ADVANTAGE CREDIT UNION | $35,000 | n/a | 0.0% | |
| ProFed Federal Credit Union | $35,000 | n/a | 0.0% | |
| PARTNERS 1ST Federal Credit Union | $75,000 | $25,000 | -66.7% | 0.0% |
SOUTH BEND - MISHAWAKA's top lender by overall market share is 1st Source Bank, with 10.2% market share. In second place, with 7.5%, is Notre Dame Federal Credit Union Corporation, having originated $106,465,000 in loans. In third place, with 6.6%, is HALLMARK HOME MORTGAGE, LLC, having originated $93,620,000 in loans. In fourth place, with 6.0%, is RUOFF MORTGAGE COMPANY, INC., having originated $84,360,000 in loans. In fifth place, with 5.6%, is Bank of America, having originated $79,005,000 in loans.
SOUTH BEND - MISHAWAKA Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SOUTH BEND - MISHAWAKA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $129,900 (23.7%) | $215,859 (11.0%) | 0.48 | 963 |
| 2018-02-01 | $135,000 (23.1%) | $226,398 (11.9%) | 0.49 | 885 |
| 2018-03-01 | $139,500 (16.4%) | $237,065 (7.7%) | 0.49 | 827 |
| 2018-04-01 | $159,900 (23.0%) | $254,892 (7.2%) | 0.54 | 810 |
| 2018-05-01 | $169,900 (13.3%) | $261,294 (6.4%) | 0.57 | 855 |
| 2018-06-01 | $170,000 (9.8%) | $263,841 (8.2%) | 0.57 | 936 |
| 2018-07-01 | $175,725 (17.2%) | $259,678 (10.3%) | 0.59 | 1,027 |
| 2018-08-01 | $174,700 (17.3%) | $249,956 (8.4%) | 0.59 | 1,084 |
| 2018-09-01 | $169,000 (16.6%) | $241,650 (5.2%) | 0.57 | 1,119 |
| 2018-10-01 | $165,000 (13.9%) | $242,330 (4.8%) | 0.56 | 1,104 |
| 2018-11-01 | $159,900 (12.3%) | $240,862 (6.4%) | 0.54 | 993 |
| 2018-12-01 | $151,450 (16.5%) | $234,010 (7.9%) | 0.52 | 937 |
| 2019-01-01 | $154,900 (19.3%) | $232,935 (7.9%) | 0.54 | 830 |
| 2019-02-01 | $162,400 (20.3%) | $236,581 (4.5%) | 0.55 | 798 |
| 2019-03-01 | $184,757 (32.4%) | $251,858 (6.2%) | 0.60 | 764 |
| 2019-04-01 | $209,900 (31.3%) | $272,879 (7.1%) | 0.67 | 743 |
| 2019-05-01 | $223,450 (31.5%) | $281,613 (7.8%) | 0.70 | 771 |
| 2019-06-01 | $220,000 (29.4%) | $281,451 (6.7%) | 0.69 | 872 |
| 2019-07-01 | $218,950 (24.6%) | $284,780 (9.7%) | 0.69 | 927 |
| 2019-08-01 | $206,791 (18.4%) | $276,066 (10.5%) | 0.65 | 995 |
| 2019-09-01 | $194,477 (15.1%) | $266,919 (10.5%) | 0.62 | 1,014 |
| 2019-10-01 | $184,900 (12.1%) | $261,314 (7.8%) | 0.60 | 1,018 |
| 2019-11-01 | $179,900 (12.5%) | $262,210 (8.9%) | 0.59 | 921 |
| 2019-12-01 | $174,900 (15.5%) | $258,861 (10.6%) | 0.58 | 849 |
| 2020-01-01 | $177,450 (14.6%) | $257,988 (10.8%) | 0.59 | 744 |
| 2020-02-01 | $202,450 (24.7%) | $271,753 (14.9%) | 0.66 | 667 |
| 2020-03-01 | $224,800 (21.7%) | $289,262 (14.9%) | 0.70 | 663 |
| 2020-04-01 | $222,875 (6.2%) | $287,825 (5.5%) | 0.70 | 678 |
| 2020-05-01 | $239,950 (7.4%) | $305,377 (8.4%) | 0.73 | 656 |
| 2020-06-01 | $257,425 (17.0%) | $317,503 (12.8%) | 0.76 | 589 |
| 2020-07-01 | $246,250 (12.5%) | $311,270 (9.3%) | 0.71 | 586 |
| 2020-08-01 | $247,900 (19.9%) | $312,145 (13.1%) | 0.71 | 576 |
| 2020-09-01 | $249,450 (28.3%) | $312,109 (16.9%) | 0.71 | 528 |
| 2020-10-01 | $225,000 (21.7%) | $297,683 (13.9%) | 0.64 | 547 |
| 2020-11-01 | $189,925 (5.6%) | $276,437 (5.4%) | 0.56 | 521 |
| 2020-12-01 | $183,169 (4.7%) | $262,739 (1.5%) | 0.54 | 477 |
| 2021-01-01 | $175,000 (-1.4%) | $256,681 (-0.5%) | 0.52 | 416 |
| 2021-02-01 | $195,950 (-3.2%) | $297,303 (9.4%) | 0.57 | 312 |
| 2021-03-01 | $232,350 (3.4%) | $334,831 (15.8%) | 0.66 | 275 |
| 2021-04-01 | $248,475 (11.5%) | $383,009 (33.1%) | 0.67 | 259 |
| 2021-05-01 | $229,950 (-4.2%) | $345,499 (13.1%) | 0.61 | 302 |
| 2021-06-01 | $244,950 (-4.9%) | $352,913 (11.2%) | 0.64 | 356 |
| 2021-07-01 | $234,000 (-5.0%) | $351,458 (12.9%) | 0.62 | 405 |
| 2021-08-01 | $220,000 (-11.3%) | $357,719 (14.6%) | 0.59 | 433 |
| 2021-09-01 | $228,250 (-8.5%) | $368,275 (18.0%) | 0.61 | 438 |
| 2021-10-01 | $223,950 (-0.5%) | $361,805 (21.5%) | 0.60 | 432 |
| 2021-11-01 | $222,500 (17.2%) | $340,035 (23.0%) | 0.59 | 373 |
| 2021-12-01 | $224,450 (22.5%) | $329,626 (25.5%) | 0.61 | 310 |
| 2022-01-01 | $249,900 (42.8%) | $360,616 (40.5%) | 0.68 | 244 |
| 2022-02-01 | $287,000 (46.5%) | $400,143 (34.6%) | 0.75 | 223 |
| 2022-03-01 | $249,900 (7.6%) | $386,805 (15.5%) | 0.63 | 242 |
| 2022-04-01 | $274,900 (10.6%) | $421,405 (10.0%) | 0.66 | 259 |
| 2022-05-01 | $304,925 (32.6%) | $427,389 (23.7%) | 0.70 | 312 |
| 2022-06-01 | $283,450 (15.7%) | $424,586 (20.3%) | 0.63 | 382 |
| 2022-07-01 | $264,950 (13.2%) | $392,242 (11.6%) | 0.60 | 463 |
| 2022-08-01 | $273,225 (24.2%) | $382,054 (6.8%) | 0.63 | 477 |
| 2022-09-01 | $279,900 (22.6%) | $397,724 (8.0%) | 0.65 | 491 |
| 2022-10-01 | $275,000 (22.8%) | $410,430 (13.4%) | 0.65 | 514 |
| 2022-11-01 | $284,900 (28.0%) | $423,804 (24.6%) | 0.68 | 512 |
| 2022-12-01 | $277,450 (23.6%) | $412,621 (25.2%) | 0.69 | 476 |
| 2023-01-01 | $299,738 (19.9%) | $414,787 (15.0%) | 0.74 | 415 |
| 2023-02-01 | $294,425 (2.6%) | $422,711 (5.6%) | 0.71 | 371 |
| 2023-03-01 | $319,950 (28.0%) | $445,710 (15.2%) | 0.75 | 346 |
| 2023-04-01 | $299,950 (9.1%) | $446,537 (6.0%) | 0.70 | 340 |
| 2023-05-01 | $323,450 (6.1%) | $457,011 (6.9%) | 0.73 | 386 |
| 2023-06-01 | $292,450 (3.2%) | $434,702 (2.4%) | 0.66 | 417 |
| 2023-07-01 | $289,900 (9.4%) | $429,712 (9.6%) | 0.66 | 417 |
| 2023-08-01 | $271,750 (-0.5%) | $398,801 (4.4%) | 0.62 | 454 |
| 2023-09-01 | $259,900 (-7.2%) | $376,159 (-5.4%) | 0.61 | 520 |
| 2023-10-01 | $252,475 (-8.2%) | $368,878 (-10.1%) | 0.59 | 583 |
| 2023-11-01 | $234,900 (-17.6%) | $353,830 (-16.5%) | 0.56 | 593 |
| 2023-12-01 | $220,000 (-20.7%) | $344,957 (-16.4%) | 0.54 | 551 |
| 2024-01-01 | $212,425 (-29.1%) | $343,894 (-17.1%) | 0.52 | 501 |
| 2024-02-01 | $225,000 (-23.6%) | $361,435 (-14.5%) | 0.54 | 469 |
| 2024-03-01 | $239,000 (-25.3%) | $367,545 (-17.5%) | 0.56 | 462 |
| 2024-04-01 | $269,450 (-10.2%) | $388,301 (-13.0%) | 0.63 | 472 |
| 2024-05-01 | $291,365 (-9.9%) | $408,501 (-10.6%) | 0.66 | 471 |
| 2024-06-01 | $299,000 (2.2%) | $408,777 (-6.0%) | 0.68 | 511 |
| 2024-07-01 | $281,750 (-2.8%) | $386,647 (-10.0%) | 0.64 | 609 |
| 2024-08-01 | $265,900 (-2.2%) | $368,583 (-7.6%) | 0.62 | 717 |
| 2024-09-01 | $263,725 (1.5%) | $364,718 (-3.0%) | 0.62 | 752 |
| 2024-10-01 | $263,125 (4.2%) | $355,919 (-3.5%) | 0.62 | 779 |
| 2024-11-01 | $247,900 (5.5%) | $342,239 (-3.3%) | 0.60 | 818 |
| 2024-12-01 | $229,950 (4.5%) | $320,247 (-7.2%) | 0.57 | 703 |
| 2025-01-01 | $234,950 (10.6%) | $331,005 (-3.8%) | 0.59 | 648 |
| 2025-02-01 | $236,975 (5.3%) | $335,711 (-7.1%) | 0.58 | 591 |
| 2025-03-01 | $249,000 (4.2%) | $384,337 (4.6%) | 0.59 | 561 |
| 2025-04-01 | $260,475 (-3.3%) | $401,421 (3.4%) | 0.60 | 583 |
SOUTH BEND - MISHAWAKA's median listing price for 2025-04-01 was $260,475, a difference of
$-8,975
(-3.3%) versus the prior year and
$11,475 versus the prior month.
SOUTH BEND - MISHAWAKA's median listing price comes in at 60% of the national average.
SOUTH BEND - MISHAWAKA's average listing price for 2025-04-01 was $401,421, a difference of $13,120 (3.4%) versus the prior year and $17,084 versus the prior month.
For the 2025-04-01 period, SOUTH BEND - MISHAWAKA had 583 MLS listings, a difference of 22 listings (4%) versus the prior month and 111 listings (24%) versus the prior year.
SOUTH BEND - MISHAWAKA's median listing price comes in at 60% of the national average.
SOUTH BEND - MISHAWAKA's average listing price for 2025-04-01 was $401,421, a difference of $13,120 (3.4%) versus the prior year and $17,084 versus the prior month.
For the 2025-04-01 period, SOUTH BEND - MISHAWAKA had 583 MLS listings, a difference of 22 listings (4%) versus the prior month and 111 listings (24%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SOUTH BEND - MISHAWAKA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 87 days | 1,632 sqft |
| 2018-02-01 | 90 days | 1,615 sqft |
| 2018-03-01 | 66 days | 1,636 sqft |
| 2018-04-01 | 55 days | 1,706 sqft |
| 2018-05-01 | 43 days | 1,730 sqft |
| 2018-06-01 | 40 days | 1,772 sqft |
| 2018-07-01 | 44 days | 1,794 sqft |
| 2018-08-01 | 46 days | 1,783 sqft |
| 2018-09-01 | 51 days | 1,750 sqft |
| 2018-10-01 | 60 days | 1,746 sqft |
| 2018-11-01 | 70 days | 1,738 sqft |
| 2018-12-01 | 74 days | 1,700 sqft |
| 2019-01-01 | 80 days | 1,696 sqft |
| 2019-02-01 | 76 days | 1,721 sqft |
| 2019-03-01 | 65 days | 1,771 sqft |
| 2019-04-01 | 51 days | 1,824 sqft |
| 2019-05-01 | 47 days | 1,900 sqft |
| 2019-06-01 | 45 days | 1,938 sqft |
| 2019-07-01 | 48 days | 1,920 sqft |
| 2019-08-01 | 50 days | 1,886 sqft |
| 2019-09-01 | 55 days | 1,838 sqft |
| 2019-10-01 | 57 days | 1,800 sqft |
| 2019-11-01 | 65 days | 1,729 sqft |
| 2019-12-01 | 76 days | 1,725 sqft |
| 2020-01-01 | 84 days | 1,711 sqft |
| 2020-02-01 | 81 days | 1,804 sqft |
| 2020-03-01 | 57 days | 1,814 sqft |
| 2020-04-01 | 56 days | 1,789 sqft |
| 2020-05-01 | 61 days | 1,830 sqft |
| 2020-06-01 | 58 days | 1,941 sqft |
| 2020-07-01 | 47 days | 1,900 sqft |
| 2020-08-01 | 47 days | 1,920 sqft |
| 2020-09-01 | 47 days | 1,985 sqft |
| 2020-10-01 | 41 days | 1,868 sqft |
| 2020-11-01 | 45 days | 1,737 sqft |
| 2020-12-01 | 51 days | 1,624 sqft |
| 2021-01-01 | 61 days | 1,620 sqft |
| 2021-02-01 | 66 days | 1,632 sqft |
| 2021-03-01 | 40 days | 1,648 sqft |
| 2021-04-01 | 33 days | 1,725 sqft |
| 2021-05-01 | 25 days | 1,663 sqft |
| 2021-06-01 | 24 days | 1,788 sqft |
| 2021-07-01 | 30 days | 1,800 sqft |
| 2021-08-01 | 32 days | 1,722 sqft |
| 2021-09-01 | 36 days | 1,663 sqft |
| 2021-10-01 | 38 days | 1,656 sqft |
| 2021-11-01 | 47 days | 1,646 sqft |
| 2021-12-01 | 58 days | 1,654 sqft |
| 2022-01-01 | 58 days | 1,820 sqft |
| 2022-02-01 | 39 days | 1,835 sqft |
| 2022-03-01 | 30 days | 1,800 sqft |
| 2022-04-01 | 26 days | 1,826 sqft |
| 2022-05-01 | 19 days | 1,872 sqft |
| 2022-06-01 | 24 days | 1,898 sqft |
| 2022-07-01 | 25 days | 1,900 sqft |
| 2022-08-01 | 32 days | 1,862 sqft |
| 2022-09-01 | 36 days | 1,838 sqft |
| 2022-10-01 | 36 days | 1,847 sqft |
| 2022-11-01 | 43 days | 1,811 sqft |
| 2022-12-01 | 52 days | 1,800 sqft |
| 2023-01-01 | 65 days | 1,806 sqft |
| 2023-02-01 | 63 days | 1,767 sqft |
| 2023-03-01 | 53 days | 1,833 sqft |
| 2023-04-01 | 36 days | 1,800 sqft |
| 2023-05-01 | 30 days | 1,833 sqft |
| 2023-06-01 | 32 days | 1,809 sqft |
| 2023-07-01 | 37 days | 1,833 sqft |
| 2023-08-01 | 35 days | 1,764 sqft |
| 2023-09-01 | 37 days | 1,691 sqft |
| 2023-10-01 | 37 days | 1,725 sqft |
| 2023-11-01 | 45 days | 1,684 sqft |
| 2023-12-01 | 57 days | 1,621 sqft |
| 2024-01-01 | 60 days | 1,595 sqft |
| 2024-02-01 | 59 days | 1,600 sqft |
| 2024-03-01 | 45 days | 1,615 sqft |
| 2024-04-01 | 38 days | 1,690 sqft |
| 2024-05-01 | 37 days | 1,707 sqft |
| 2024-06-01 | 40 days | 1,786 sqft |
| 2024-07-01 | 36 days | 1,738 sqft |
| 2024-08-01 | 36 days | 1,728 sqft |
| 2024-09-01 | 43 days | 1,728 sqft |
| 2024-10-01 | 46 days | 1,717 sqft |
| 2024-11-01 | 49 days | 1,680 sqft |
| 2024-12-01 | 55 days | 1,637 sqft |
| 2025-01-01 | 64 days | 1,659 sqft |
| 2025-02-01 | 66 days | 1,652 sqft |
| 2025-03-01 | 55 days | 1,650 sqft |
| 2025-04-01 | 43 days | 1,696 sqft |
SOUTH BEND - MISHAWAKA's median listing age (time on market) for 2025-04-01 was 43 days.
This
is 15%
longer
than the same period one year ago.
SOUTH BEND - MISHAWAKA's median square footage for active listings during the 2025-04-01 period was 1,696 sqft. One year prior, the average listing was 1,690 sqft.
SOUTH BEND - MISHAWAKA's median square footage for active listings during the 2025-04-01 period was 1,696 sqft. One year prior, the average listing was 1,690 sqft.
SOUTH BEND-MISHAWAKA, IN-MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,744 | $855,540,000 | $228,510 |
| Cash Out Refi | 1,085 | $163,035,000 | $150,263 |
| Refi | 1,008 | $244,210,000 | $242,272 |
| Home Improvement | 974 | $73,510,000 | $75,472 |
| Other | 775 | $75,515,000 | $97,439 |
| NA | 1 | $165,000 | $165,000 |
South Bend - Mishawaka's most frequently cited loan purpose was Home Purchase, with 3,744 originations. The 2nd most popular reason was Cash Out Refi, with 1,085 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,631 | $585,185,000 | $222,419 |
| Over 8% | 2,286 | $222,110,000 | $97,161 |
| 7-8% | 1,767 | $344,365,000 | $194,887 |
| 5-6% | 571 | $226,065,000 | $395,911 |
| <2.5% | 108 | $1,690,000 | $15,648 |
| 2.5-3% | 105 | $7,325,000 | $69,762 |
| 4-5% | 34 | $8,710,000 | $256,176 |
| 3-4% | 8 | $1,040,000 | $130,000 |
During 2024, South Bend - Mishawaka's most frequently originated rate bucket was 6-7%, with 2,631 originations.
Loan Sizing (SOUTH BEND-MISHAWAKA, IN-MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 2,774 | $142,880,000 | $51,507 |
| $100k-200k | 2,543 | $369,975,000 | $145,488 |
| $200k-400k | 1,795 | $488,565,000 | $272,181 |
| $400k-600k | 305 | $145,655,000 | $477,557 |
| $600k-1000k | 129 | $95,805,000 | $742,674 |
| $Over $1MM | 41 | $169,095,000 | $4,124,268 |
SOUTH BEND - MISHAWAKA's loan sizing saw the bucket of loans from $100,000 or less with 2,774 originations, totaling $142,880,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,683 | $615,725,000 | $229,491 |
| 60-80% | 1,483 | $458,325,000 | $309,053 |
| Under 20% | 1,254 | $53,470,000 | $42,640 |
| 20-40% | 1,216 | $112,590,000 | $92,590 |
| 40-60% | 697 | $119,515,000 | $171,471 |
| Over 100% | 50 | $14,240,000 | $284,800 |
SOUTH BEND - MISHAWAKA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,683 originations, totaling $615,725,000 in origination value.