The housing market in Fort Wayne, Indiana (46807) is doing better than the national average. The median value of a house in the area is $140,800, compared to the US House Median Value of $338,100. Furthermore, the US 1 year House Appreciation is 8.27%, but the House 1 year appreciation in 46807 Fort Wayne, IN is 14.48%. This means that people who own houses in the area are seeing their investments appreciate at a much faster rate than other parts of America. Therefore, it is an ideal time for investing or buying a home in Fort Wayne, Indiana.
The median home cost in Fort Wayne (zip 46807) is $140,800. Home appreciation the last 10 years has been 101.7%. Home Appreciation in Fort Wayne (zip 46807) is up 15.7%.
Average Age of Homes
- The median age of Fort Wayne (zip 46807) real estate is 78 years old
The Rental Market in Fort Wayne (zip 46807)
- Renters make up 27.6% of the Fort Wayne (zip 46807) population
- 2.5% of houses and apartments in Fort Wayne (zip 46807), 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.