Fort Wayne, IN 46814 Real Estate Market Report

ZIP Code: 46814
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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. 449,900 is the best indicator of current market value — the median sold price shows where transactions are clearing and suggests recent appreciation consistent with the reported price year-over-year trend; up market signals support using sold prices as the primary valuation anchor.

2. 449,900 compared with the median listing price of 518,000 reveals a meaningful gap between asking and realized prices that may indicate pricing friction and seller expectations above recent transaction levels.

3. 281 median days on market points to slower sales velocity and suggests transactions are taking longer to close; this extended market time, coupled with a neutral market temperature, may indicate moderate liquidity rather than an overheated market.

4. Median market rent of 1,796 and a rent year-over-year trend of up indicate rising rental demand; combined with moderate interest rate pressure (moderate), this supports continued investor interest but also warrants caution on financing costs for buyers.

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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.