The housing market in 46835 Fort Wayne, IN appears to be doing very well. The median value of a home in the area is $207,700, which is significantly lower than the United States median value of $338,100. This presents potential buyers and investors with an opportunity to purchase houses at a more affordable price. Furthermore, the one year house appreciation rate for the area is 14.48%, which is higher than the US appreciation rate of 8.27%. This indicates that housing prices are likely to continue to increase over time, making this a sound and profitable investment opportunity for those looking to purchase in the area.
The median home cost in Fort Wayne (zip 46835) is $207,700. Home appreciation the last 10 years has been 101.7%. Home Appreciation in Fort Wayne (zip 46835) is up 15.7%.
Average Age of Homes
- The median age of Fort Wayne (zip 46835) real estate is 38 years old
The Rental Market in Fort Wayne (zip 46835)
- Renters make up 25.7% of the Fort Wayne (zip 46835) population
- 0.9% of houses and apartments in Fort Wayne (zip 46835), 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.