Fort Wayne, IN 46814 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Key Findings

1. The median sold price is 429,000, which should be treated as the primary indicator of realized market value and recent transaction activity; juxtaposed with a median listing price of 475,000, this gap suggests seller expectations exceed recent sale realizations and may indicate pricing friction. moderate
2. The market exhibits slower sales velocity with a median days on market of 286, which, combined with the pricing gap between median listing price (475,000) and median sold price (429,000), appears to reflect extended time-to-contract rather than immediate bidding-driven compression. down
3. Median price per square foot is 196, and median market rent is 1,695; these levels, alongside a up price year-over-year trend, indicate ongoing moderate appreciation potential for well-priced SFR and condo listings. up
4. Inventory in the analyzed sample appears relatively constrained active supply, which, together with a neutral market temperature and moderate interest rate pressure, suggests a balanced but cautious market — pricing may hold for competitively listed properties while slower-moving or over-priced listings face longer exposure. neutral

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.