South Bend, NE housing market
The typical South Bend home is worth about $382,000, up 7.6% in a year, 36% above the Nebraska typical home.
Home values, sales, trends and how South Bend compares with the towns next door — updated as new data is published.
South Bend at a glance
Typical home value, 2016–2026
Show as a table
| January | South Bend | Nebraska |
|---|---|---|
| 2017 | $203,000 | $157,000 |
| 2018 | $221,000 | $167,000 |
| 2019 | $226,000 | $176,000 |
| 2020 | $235,000 | $187,000 |
| 2021 | $262,000 | $205,000 |
| 2022 | $310,000 | $227,000 |
| 2023 | $322,000 | $248,000 |
| 2024 | $323,000 | $259,000 |
| 2025 | $344,000 | $270,000 |
| 2026 | $357,000 | $278,000 |
| August 2026 | $382,000 | $281,000 |
A two-bedroom rents for about $1,190
HUD's Fair Market Rent for a two-bedroom in South Bend is $1,190 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $950 · 4 bedrooms $1,780
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68058; Omaha-Council Bluffs, NE-IA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.