Fort Wayne, IN 46818 Real Estate Market Report

ZIP Code: 46818
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

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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. The primary market signal is the median sold price 318,900, which establishes recent transaction-level value for the neighborhood and suggests pricing is modestly below current seller expectations as reflected by the median listing price 402,400; this gap may indicate pricing friction between ask and sale.

2. Sales velocity appears slow relative to traditional turnover benchmarks given the median days on market 239, which suggests extended marketing periods and slower transaction velocity that may require price adjustments or targeted marketing to close deals.

3. Local pricing shows modest strength: the price year-over-year trend is up while the market temperature is characterized as neutral, indicating stable demand without runaway competition—pricing moves should be calibrated rather than aggressive.

4. Lease market signals are supportive: the median market rent 1,595 combined with a median price per square foot 175 suggests rental demand is contributing to overall market stability, but elevated interest rate pressure (elevated) may constrain buyer affordability and keep transaction volumes moderate.

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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.