Why Live in Oliver Gateway
Oliver Gateway in South Bend, Indiana, is an appealing neighborhood for first-time homebuyers due to its affordable housing options and proximity to various amenities. Located less than 2 miles west of Downtown South Bend, the area features late 19th-century homes, including wood-sided bungalows, Craftsman-style houses, and Victorian-style homes, with some properties requiring renovation. The neighborhood is known for its authentic Latin cuisine, with popular spots like Jenny’s Bakery Panaderia, Juan Camaney, and Los Tres Mangos De Michoacan. Grocery shopping is convenient with Michoacán Supermarket, Kroger, and Save A Lot nearby. Residents enjoy a variety of things to do, including visiting Pulaski Park, which recently underwent a $1 million renovation, and the Ice Box Skating Rink. The Studebaker National Museum and The Drop Comedy Club are also within a short distance. Although the area is car-dependent, bus stops along West Sample Street provide public transportation options. The neighborhood is within 4 miles of notable attractions like Notre Dame Stadium and South Bend International Airport. Oliver Gateway offers a blend of historical charm, cultural diversity, and practical amenities, making it a unique place to live in South Bend.
Frequently Asked Questions
Is Oliver Gateway a good place to live?
Oliver Gateway is a good place to live. Oliver Gateway is considered car-dependent and somewhat bikeable. Oliver Gateway has 3 parks for recreational activities. It has a median age of 34. The average household income is $47,276 which is below the national average. College graduates make up 12.7% of residents. A majority of residents in Oliver Gateway are home owners, with 45.4% of residents renting and 54.6% of residents owning their home. A
local real estate agent serving Oliver Gateway can help you decide if this neighborhood is the right one for you. Learn more on our
Oliver Gateway neighborhood guide.
How much do you need to make to afford a house in Oliver Gateway?
The median home price in Oliver Gateway is $4,299,000. If you put a 20% down payment of $859,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $22,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $955K a year to afford the median home price in Oliver Gateway. The average household income in Oliver Gateway is $47K.
What are the best public schools in Oliver Gateway?
The best public schools that serve Oliver Gateway are:
What are the best private schools in Oliver Gateway?
The best private schools that serve Oliver Gateway are:
What are the most popular zip codes in Oliver Gateway, South Bend, IN?
What are the most popular neighborhoods near Oliver Gateway, South Bend, IN?
Home Trends in Oliver Gateway, IN
Median Sale Price
$590,708
Median Single Family Sale Price
$4,195,000
Average Price Per Sq Ft
$678
Number of Homes for Sale
1
Last 12 months Home Sales
2
Median List Price
$4,299,000
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
299%