46616 — South Bend, IN Home Values
Typical home value $154,536 as of June 2026 · 25th of 27 in South Bend-Mishawaka, IN-MI
Blue: typical home value (Zillow ZHVI) in ZIP code 46616, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46616 compares in the South Bend-Mishawaka, IN-MI area
ZIP code 46616 (South Bend, IN) has a typical home value of $154,536 as of June 2026, ranking 25th of 27 ZIP codes tracked in the South Bend-Mishawaka, IN-MI area, more expensive than about 11% of ZIP codes in the metro. Prices here have moved +6.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +40.2%, from $110,231 in June 2021 to $154,536 in June 2026. Against observed rent, the typical home here sells for 10.5× the annual rent ($1,225/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 46616 has a population of 6,219, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 59.4% White, 22% Black or African American, 13.4% Hispanic or Latino, 4.3% two or more races, 0.8% Asian, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Muessel Elementary School | 1021 Blaine St, South Bend, IN | 0.6 mi |
| Marquette Montessori Academy | 1818 Bergan St, South Bend, IN | 0.7 mi |
| Madison S.T.E.A.M. Academy | 832 N Lafayette Blvd, South Bend, IN | 1 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 46616?
$154,536 as of June 2026, the latest month Zillow has published observed data for.
Is 46616 an expensive ZIP code in the South Bend-Mishawaka, IN-MI area?
46616 ranks 25th of 27 ZIP codes in the South Bend-Mishawaka, IN-MI area by typical home value, more expensive than about 11% of ZIP codes in the metro.
How much have home values in 46616 changed over the past year?
+6.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 46616?
The typical home price is 10.5× the observed annual rent in this ZIP code ($1,225/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 46616?
6,219, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46616?
Muessel Elementary School (0.6 mi), Marquette Montessori Academy (0.7 mi), Madison S.T.E.A.M. Academy (1 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 46616?
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.