2025 South Bend Condo Market: Year in Review
2025 South Bend Condo Market: Year in Review
A Complete Analysis of 111 Sales Near Notre Dame
Another year in the books, and what a year it was for South Bend condos near Notre Dame! As someone who specializes in properties near the University of Notre Dame, I've analyzed every single condo sale that closed in 2025—all 111 of them—and I'm excited to share what this data reveals about our market and what it means as we head into 2026.
2025 by the Numbers: A Market That Delivered
Market Snapshot
111 Total Sales
Price Range: $125,000 - $2,000,000
Consistent Activity Across All Seasons
Last year, South Bend saw 111 condo sales close, ranging from $125,000 starter units to a remarkable $2 million luxury property. This wasn't just a busy market—it was a healthy market, with consistent sales activity across every price range and throughout every season.
What made 2025 special? Buyers at every level found what they were looking for, and sellers received strong offers. That's the hallmark of a balanced, opportunity-rich market—and exactly what we saw throughout the year.
How 2025 Performed by Price Range
Let me walk you through what actually sold last year and what those numbers tell us:
Entry-Level Excellence ($125,000 - $200,000)
If you're a first-time buyer, investor, or someone looking to downsize affordably, 2025 showed that this segment offers genuine value. We saw 14 condos sell in this range, primarily in established communities.
What sold:
Primarily one and two-bedroom units in communities like North Shore Club and Woodbridge Village. These neighborhoods proved their staying power with consistent sales throughout the year.
2025 examples:
- A one-bedroom unit at 1434 Marigold Way sold for $125,000 in October
- A three-bedroom at Stoneridge Street went for $193,500 in March
The Sweet Spot ($200,000 - $400,000)
This mid-range segment was 2025's workhorse, with 35 sales—nearly a third of the entire market. The concentration here tells us something important: this is where most buyers found the sweet spot between location, amenities, and value.
What sold:
Two and three-bedroom condos in prime locations near Notre Dame, including properties around Keenan Court and Oakhill. These aren't just condos—they're homes in neighborhoods where Notre Dame fans, alumni, and professionals chose to live in 2025.
2025 examples:
Properties at Keenan Court consistently sold in the $290,000-$350,000 range throughout the year. Multiple units changed hands, showing repeat buyer confidence in these locations.
Elevated Living ($400,000 - $700,000)
The upper-mid market recorded 30 sales in 2025, and this is where location premium really showed itself. The standout story of the year? Notre Dame Avenue.
What sold:
The stretch from 616 to 758 Notre Dame Avenue was on fire in 2025, with properties consistently selling in the $550,000-$580,000 range. These are typically two-bedroom units with high-end finishes, and you're literally steps from campus.
2025 examples:
- 758 N Notre Dame Avenue, Unit C sold for $499,900 in February
- 744 N Notre Dame Avenue, Unit A sold for $579,900 in February
- 758 N Notre Dame Avenue, Unit B sold for $559,900 in February
Notice the pattern? These units sold quickly in the same timeframe, indicating strong buyer demand for this specific location and quality level throughout the year.
The Luxury Market ($700,000+): 2025's Biggest Surprise
Here's something that might surprise you: South Bend's luxury condo market didn't just survive in 2025—it thrived. We recorded 32 sales above $700,000, including eight properties that topped $1 million. This isn't just a college town anymore.
What sold:
The two major players were Irish Quarter and the properties along the Corby Boulevard near Trader Joe's. These aren't just condos—they're luxury residences with finishes, views, and amenities that rival anything you'd find in major metro markets.
2025 examples:
- Irish Quarter had multiple units sell throughout the year, ranging from $320,000 for one-bedroom units to over $890,000 for three-bedroom penthouses
- Five Corners Flats saw four units sell between $1,269,000 and $1,399,000
- The market topped out at $2,000,000 for 1015 Corby Boulevard
2025's Geographic Winners
After analyzing every sale, three areas emerged as the year's most active and consistently strong performers:
Eddy Street Commons
This was 2025's crown jewel. Properties here offer unbeatable campus proximity and walkability, and the sales data backs it up. Whether at the $500,000 range or pushing toward $900,000, this street delivered results for both buyers and sellers all year long.
The Irish Quarter Complex
This development proved to be 2025's most consistent performer, with units selling across multiple price points throughout the entire year. From one-bedroom units around $320,000 to three-bedroom residences approaching $900,000, buyers clearly valued what this community offers.
Traditional Neighborhoods (Keenan Court, Oakhill Condos, Woodbridge Village)
These established communities proved their staying power in 2025 with consistent sales in the $200,000-$400,000 range. They may not have the flashy newness of some developments, but they offered something just as valuable: proven demand and community stability.
Market Timing: What 2025 Taught Us
Here's good news for anyone thinking about 2026: Last year showed us that the South Bend condo market doesn't have a "bad" season. While we saw predictable spring activity (21 sales in April-May alone), sales remained strong through summer, fall, and even into the end of the year.
What this means moving forward: The traditional "wait for spring" wisdom doesn't necessarily apply here. Properties moved year-round in 2025, suggesting that when you find the right property at the right price, the calendar shouldn't hold you back.
What 2025 Tells Us About 2026
Looking back at last year's 111 closed transactions, several trends stand out that will likely shape the market ahead:
Strong fundamentals across all price points. From $125,000 to $2 million, buyers found options and sellers found buyers. That breadth suggests a healthy, diverse market heading into the new year.
Premium locations command premium prices—and get them. The consistent sales along Notre Dame Avenue and at luxury developments show that buyers will pay for the right property in the right location. Quality and location mattered in 2025, and there's no reason to think that changes.
Year-round activity is the new normal. The days of quiet winters in South Bend real estate seem to be behind us. Sales happened every month, indicating steady demand regardless of season.
The luxury market is real. Eight sales over $1 million proves South Bend isn't just competing on value anymore—it's competing on quality and lifestyle at the highest levels.
Looking Ahead
The data tells last year's story, but 2026 is writing its own chapter. As we head into the new year, the fundamentals that made 2025 successful—strong demand, diverse inventory, and a healthy mix of buyers at all price points—remain in place.
Whether you're considering buying or selling in 2026, understanding what happened last year gives you context for what's happening now. The South Bend condo market proved itself strong, stable, and full of opportunity throughout 2025.
Now let's see what this year brings.
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