What is the Best Neighborhoods USA ranking for Near Northwest?
Near Northwest is ranked #24 of 34 eligible neighborhoods in South Bend; #421 of 656 eligible neighborhoods in IN; and #7,256 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Near Northwest
South Bend, IN | Saint Joseph County
Scored premium profile
Best Neighborhoods USA Index
51.0
Stability and Strength
24.8
Value Opportunity
49.3
Momentum
95.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | South Bend, IN |
| County | Saint Joseph County |
| National rank | #7,256 of 14,967 |
| State rank | #421 of 656 |
| City rank | #24 of 34 |
| County rank | #26 of 36 |
| National percentile | 51.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $136,065 |
| Year-over-year home value change | 11.2% |
| Month-over-month home value change | 0.62% |
| Home value to income ratio | 3.04 |
| Median household income | $44,704 |
| Bachelor's degree or higher | 34.1% |
| Civilian unemployment rate | 7.8% |
| Homeownership rate | 41.1% |
| Housing vacancy rate | 20.6% |
| Rent burden 30% or higher | 63.1% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Near Northwest
Is Near Northwest one of the best neighborhoods in South Bend?
Near Northwest has a Best Neighborhoods USA Index of 51.0 and a city ranking of #24 of 34 eligible neighborhoods in South Bend.
How much are homes worth in Near Northwest?
The current Zillow Home Value Index for Near Northwest is approximately $136,065.
Are home values rising or falling in Near Northwest?
Zillow neighborhood values changed 11.2% year over year and 0.62% month over month.
What is the Neighborhood Momentum Score for Near Northwest?
Near Northwest has a Neighborhood Momentum Score of 95.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Near Northwest?
The NDS-derived neighborhood median household income is approximately $44,704.
How affordable is Near Northwest relative to household income?
The current Zillow home-value-to-household-income ratio is 3.04. Price-to-income affordability is a major Value Opportunity input.
Is Near Northwest primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 41.1%.
What is the unemployment rate in Near Northwest?
The NDS-derived civilian unemployment rate is approximately 7.8%.
How educated are residents of Near Northwest?
Approximately 34.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Near Northwest face high rent burden?
Approximately 63.1% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Near Northwest?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications148
Estimated originations93
Home-purchase applications77
Origination rate62.7%
Home-purchase share51.8%
Average application loan$110,789
Total application loan amount$16,391,609
National application rank#2,974 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 19.3% YoY; originations 48.3% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.