HousingHandbookReference data

U.S. ZIP Code · IN46617

St. Joseph County · South Bend-Mishawaka, IN-MI

Typical home value

$320,174[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.6%
5-year / yr
+8.8%
10-year / yr
+9.4%

Relative price

vs U.S.
+12.7%
vs metro
+27.8%
vs state
+38.4%
ZIP 46617 location in IN
Location of ZIP 46617 in IN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 46617 is worth $320,174 — 27.8% above the South Bend-Mishawaka, IN-MI median. Over the past year, values have risen 4.6%. Homes here rent for a typical $1,522 a month — a 5.7% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,522[2]
Gross yield
5.7%[2]
Cap rate
3.4%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$2,995[3]

#Climate risk

FEMA National Risk Index ratings for St. Joseph County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Very Low
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
10,032[3]
Median household income
$74,186[3]

#Migration

Household moves in and out of St. Joseph County over a year, from IRS tax-return data.

Net migration
-632[5]
Moved in
6,085
Moved out
6,717

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
1
Middle
1
High
1
  • Jefferson Traditional School

    Middle · Grades 6–8 · South Bend Community School Corp

    526 students

  • McKinley Elementary School

    Elementary · Grades K–5 · South Bend Community School Corp

    471 students

  • South Bend Virtual School

    Other · Grades K–12 · South Bend Community School Corp

    293 students

  • Rise Up Academy at Eggleston

    High · Grades 9–12 · South Bend Community School Corp

    175 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.7%
Net yield (after ~40% expenses)3.4%
Annual rent$18,261

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,619
Loan principal$256,140
Down payment$64,035
Total interest paid$326,692

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.40
Monthly cost to own$2,137
Monthly rent$1,522

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
91st percentile[1]
Rental yield
9th percentile[2]
Property tax
57th percentile[3]

Frequently asked

How much is a home worth in ZIP code 46617?
The typical home in 46617 is worth $320,174, based on the Zillow Home Value Index.
Are home values rising in 46617?
Home values in 46617 are up 4.6% over the past year, and up 8.8% a year over five years.
What is the typical rent in 46617?
A typical home in 46617 rents for about $1,522 a month, a gross rental yield of 5.7%.
What is the property tax rate in 46617?
The effective property tax rate in 46617 is 0.9% — roughly $2,995 a year on a typical home.
Who lives in 46617?
ZIP code 46617 has a population of 10,032 and a median household income of $74,186.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Edwardsburg, MI

    Typical home
    $305,489
    Gross yield
  • Vandalia, MI

    Typical home
    $346,698
    Gross yield
  • Osceola, IN

    Typical home
    $289,077
    Gross yield
  • Lakeville, IN

    Typical home
    $287,966
    Gross yield
  • New Carlisle, IN

    Typical home
    $275,744
    Gross yield
  • MI

    Typical home
    $368,737
    Gross yield

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