The housing market in Fort Wayne, IN (46803) is a great option for those looking to buy or invest in a home. The median value of housing in the area is $69,900, which is significantly lower than the US house median value of $338,100. Additionally, the 1-year house appreciation rate in Fort Wayne is 14.48%, which is higher than the national average of 8.27%. This makes investing in a home in Fort Wayne an attractive option for potential homeowners.
The median home cost in Fort Wayne (zip 46803) is $69,900. Home appreciation the last 10 years has been 101.7%. Home Appreciation in Fort Wayne (zip 46803) is up 15.7%.
Average Age of Homes
- The median age of Fort Wayne (zip 46803) real estate is 64 years old
The Rental Market in Fort Wayne (zip 46803)
- Renters make up 43.8% of the Fort Wayne (zip 46803) population
- 5.5% of houses and apartments in Fort Wayne (zip 46803), 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.