Fort Wayne, IN 46814 Real Estate Market Report

ZIP Code: 46814
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Fort Wayne real estate market in ZIP code 46814 is currently characterized by a median sold price of $449,950, reflecting a stable market environment. This price point indicates a solid foundation for market activity, although specific historical price change data is unavailable for further context. The median listing price stands at $499,900, suggesting a notable gap between seller expectations and actual transaction values, which may indicate pricing friction in the market.

Transaction activity appears moderate, with median days on market reaching 264 days, signaling a slower sales velocity. The market is experiencing elevated inventory levels relative to sales activity, which may contribute to the extended time properties are remaining on the market. Despite these conditions, rental demand remains strong, with a median market rent of $1,490, indicating ongoing interest in rental properties within the area. Overall, the market temperature is described as neutral, suggesting a balance between buyer and seller dynamics, though there are signs of increasing equilibrium as the market adjusts.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $449,950 indicates a stable market, although there is a notable gap with the median listing price of $499,900 suggesting potential pricing friction.

2. With median days on market at 264 days, the market is experiencing a slower sales velocity, which may affect liquidity and buyer engagement.

3. Elevated inventory levels relative to sales activity suggest excess supply, which may lead to increased competition among sellers.

4. The median market rent of $1,490 reflects strong rental demand, indicating a healthy rental market despite the overall sales conditions.

5. The market temperature is currently neutral, suggesting a balanced environment between buyers and sellers, though signs of increasing balance are evident.

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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.