The state of the local South Bend/Mishawaka housing market has changed a lot since the Real Estate market collapsed in Late 2008. There have also been many shifts in the location and format of housing people are buying locally. Continue reading below for Demographic and buying trends both nationally and locally.
National Housing Demographics
- Approximately 19.6 million households headed by females
- Half of US population single
- 28 percent of house holds person lives alone
Local South Bend/Mishawaka Housing Trends
- Median home prices up 8.7% but not back to prerecession levels
- Fewer people moving away South Bend and Mishawaka
- People not buying in suburbs as much
- Housing Development East and South of Notre Dame
- Devleopment in Downtown Mishawaka with Kamm Island and River Walk
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