Monroe Park, South Bend, IN
Monroe Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Monroe Park, South Bend, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Monroe Park Neighborhood Overview
Monroe Park is a residential neighborhood located in South Bend, Indiana, within the 46601 ZIP code. It offers a central location with a quiet, community-focused atmosphere. The area provides residents with a blend of historic charm and urban accessibility.
Lifestyle & Amenities
Residents enjoy proximity to local parks and essential services within the South Bend community. The neighborhood's central location allows for convenient access to shopping and dining options throughout the city. Its quiet streets are primarily lined with single-family homes, fostering a residential feel.
Real Estate Market
The Monroe Park real estate market is characterized by affordability, with a median home value of $113,800 and a price per square foot of approximately $104. The market moves at a moderate pace, with homes averaging 48 days on market, and rental options are available with a median rent of $707 per month. The homeownership rate in the area is 19%.
Schools & Education
Families in Monroe Park are served by the South Bend Community School Corporation. The neighborhood's central location provides access to a variety of public school options. Prospective residents are encouraged to research current school district boundaries and ratings.
Transportation & Connectivity
The neighborhood benefits from good connectivity to major roads, facilitating easy travel to downtown South Bend and other parts of the city. Public transportation options are available through the local transit system. Its layout is generally walkable for daily errands within the immediate area.
Why Choose Monroe Park
Monroe Park is an ideal choice for budget-conscious buyers and renters seeking an affordable entry point into South Bend's housing market. Its central location offers a balance of residential tranquility and urban convenience. The neighborhood presents a practical option for those valuing simplicity and community proximity.
Monroe Park 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 Monroe Park, South Bend
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Monroe Park, 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