McKinley Terrace, South Bend, IN
McKinley Terrace — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for McKinley Terrace, South Bend, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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McKinley Terrace Neighborhood Overview
McKinley Terrace is a residential neighborhood located in South Bend, Indiana, within the 46601 ZIP code. Positioned near the city's core, it offers a convenient urban location with a quiet, community-focused atmosphere. The area provides residents with a balance of accessibility and residential charm.
Lifestyle & Amenities
Residents enjoy proximity to essential services and local businesses in South Bend. The neighborhood's location allows for relatively easy access to downtown areas, parks, and shopping corridors. Community life is centered around its residential streets and nearby conveniences.
Real Estate Market
The McKinley Terrace housing market is characterized by its affordability, with a median home value of $113,800 and a median rent of $707 per month. Homes sell at a price per square foot of approximately $169 and spend an average of 43 days on the market. The homeownership rate in the area is 19%.
Schools & Education
Families in McKinley Terrace are served by the South Bend Community School Corporation. The neighborhood's location provides access to various public educational institutions. Specific school assignments and performance data should be verified directly with the district for the most current information.
Transportation & Connectivity
The neighborhood benefits from its position within South Bend's street grid, facilitating car travel to other parts of the city. Public transit options are available through the local bus system. Major roads and highways are accessible for regional travel and commuting.
Why Choose McKinley Terrace
McKinley Terrace presents an affordable entry point into the South Bend housing market, ideal for first-time buyers or investors. Its urban location offers convenience for accessing city amenities and employment centers. The neighborhood suits those seeking a budget-friendly community with straightforward connectivity.
McKinley Terrace Market Data
| Metric | Value |
|---|---|
| Median Home Price | $114K |
| Median Gross Rent | $707/mo |
| Median Household Income | $27K |
| Homeownership Rate | 19.4% |
| Renter-Occupied | 80.6% |
| Rental Vacancy Rate | 12.8% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 46601 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in McKinley Terrace, South Bend
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for McKinley Terrace, South Bend, IN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12