SIALIMStatistical Intelligence for America's Local Investment Markets

46573 — Wakarusa, IN Home Values

Typical home value $319,987 as of August 2026 · 5th of 27 in South Bend-Mishawaka, IN-MI

Typical value — August 2026
$319,987
observed, not a forecast
Past 12 months
+5.7%
trailing year-over-year change
Past 5 years
+29.5%
August 2021 to August 2026
Rank in metro
5th
of 27 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 46573, August 2021 to August 2026. This page shows observed data only; no forecast.

How 46573 compares in the South Bend-Mishawaka, IN-MI area

ZIP code 46573 (Wakarusa, IN) has a typical home value of $319,987 as of August 2026, ranking 5th of 27 ZIP codes tracked in the South Bend-Mishawaka, IN-MI area, more expensive than about 85% of ZIP codes in the metro. Prices here have moved +5.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +29.5%, from $247,051 in August 2021 to $319,987 in August 2026.

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 46573 has a population of 3,943, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 89.4% White, 5.5% Hispanic or Latino, 2.3% Asian, 1.3% Black or African American, 1.3% two or more races, and 0.2% Native Hawaiian or Pacific Islander.

Nearby public schools

SchoolAddressDistance
Wakarusa Elementary School400 N Washington St, Wakarusa, IN2.2 mi
North Wood Middle School301 N Elkhart, Wakarusa, IN2.5 mi
Madison Elementary School66030 Dogwood Rd, Wakarusa, IN2.5 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 46573?

$319,987 as of August 2026, the latest month Zillow has published observed data for.

Is 46573 an expensive ZIP code in the South Bend-Mishawaka, IN-MI area?

46573 ranks 5th of 27 ZIP codes in the South Bend-Mishawaka, IN-MI area by typical home value, more expensive than about 85% of ZIP codes in the metro.

How much have home values in 46573 changed over the past year?

+5.7% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 46573?

3,943, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 46573?

Wakarusa Elementary School (2.2 mi), North Wood Middle School (2.5 mi), Madison Elementary School (2.5 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 46573?

No. Every number on this page is observed Zillow data as of August 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.