IN · Metro #132

Fort Wayne - IN housing market

The Fort Wayne metro has a typical home value of $257,076, up 2.9% from a year ago. Homes are moving fast at 14 days on market - a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$257,076
+2.9% vs. year ago
Median sale price
$247,670
+3.9% YoY
Median list price
$268,267
Sale-to-list ratio
97.4%
Selling below ask
Days on market
14d
Listings w/ price cut
20.7%
New listings / mo
437
+0.0% YoY
Homes for sale
1,075
+4.5% YoY
Typical rent
$1,230/mo
+5.9% YoY
Context

How to read this data

The typical home value ($257,076) is the Zillow Home Value Index for the Fort Wayne - IN metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.9% over the past year. In Fort Wayne - IN, that means a home worth $249,831 last year is now worth roughly $257,076.

The median sale price , what homes actually close for , is $247,670. Homes are selling at 97.4% of list price, meaning buyers have room to negotiate.

Homes listed in Fort Wayne - IN sit on the market for roughly 14 days before going pending. Shorter = seller's market; longer = buyer's market.

About 20.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 437 new listings hit the market each month in Fort Wayne - IN. There are currently 1,075 homes for sale, up 4.5% from a year ago.

The typical monthly rent in Fort Wayne - IN is $1,230, up 5.9% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in IN

MetroHome value1-yr changeDays on market
Indianapolis - IN$293,854 +1.3% 17.0d
South Bend - IN$234,870 +5.2% 13.0d
Evansville - IN$223,149 +3.7% 13.0d
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