The housing market in Fort Wayne, IN is strong and is faring better than the national average. The median value of a house in Fort Wayne is $196,900 which is considerably lower than the US house median value of $338,100. However, houses have appreciated by 14.47% in Fort Wayne over the past year compared to 8.27% nationally. This makes it a great place for potential buyers looking for an affordable yet appreciating home.
The median home cost in Fort Wayne is $196,900. Home appreciation the last 10 years has been 101.7%. Home Appreciation in Fort Wayne is up 15.7%.
Average Age of Homes
- The median age of Fort Wayne real estate is 47 years old
The Rental Market in Fort Wayne
- Renters make up 32.9% of the Fort Wayne population
- 2.5% of houses and apartments in Fort Wayne, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.