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Featured local agent — Fort Wayne, IN
Sarah Mitchell
Compass Real Estate · Fort Wayne, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fort Wayne, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$225,550median sale price
How is the Fort Wayne, IN housing market right now?
The median home sale price in Fort Wayne, IN is $225,550, up 2.5% year-over-year. Homes sell in an average of 16 days with 406 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fort Wayne a buyer's or seller's market?
Fort Wayne, IN is currently a seller's market, based on 1.4 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
284
Last 12 weeks
Days on market
16
Fast-moving
Active listings
406
1.4 months supply
Sale-to-list
98.8%
Below asking
What does the Fort Wayne housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $225,550 |
| Median list price | $239,900 |
| Year-over-year price change | +2.5% |
| Average days on market | 16 days |
| Active inventory | 406 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $139/sq ft |
| Homes sold (latest month) | 284 |
| New listings (latest month) | 358 |
| Listings with a price cut | 40.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Fort Wayne by property type?
How the Fort Wayne, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $220,000 | $137/sq ft | 250 | 16 days |
| Condo / Co-op | $287,500 | $156/sq ft | 30 | 17 days |
| Townhouse | $184,900 | $148/sq ft | 1 | 66 days |
Source: Redfin · Updated monthly
The Fort Wayne housing market is currently classified as a seller's market with a median sale price of $225,550. Prices have risen 2.5% compared to last year, with homes spending an average of 16 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Fort Wayne
There are currently 406 homes listed for sale in Fort Wayne, Indiana. The median listing price is $240K.
Active listings
406
Homes on market
Median list price
$240K
Avg. days on market
16
Days until sale
New this week
358
Newly listed
Who lives in Fort Wayne?
Population
266,235
Median income
$60,293/yr
Median age
35 years
Owner-occupied
62.2%
College grads
28.5%
Avg commute
21.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Fort Wayne?
Zillow home value
$250,668
Zillow rent index
$1,281/mo
Price-to-rent ratio
16.3x
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Fort Wayne?
Fort Wayne is a community of approximately 266K residents with a median age of 35 years.The median household income is $60,293, which represents a working-class community with solid middle-income opportunities. 28.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.2%, showing a blend of owner and renter-occupied properties. The average commute time is 21.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fort Wayne offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fort Wayne?
50 schools tracked · 39,200 students
The largest public schools serving Fort Wayne, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Carroll High School
Grades 9-12 · 2,580 students
Homestead High School
Grades 9-12 · 2,408 students
Northrop High School
Grades 9-12 · 2,158 students
R Nelson Snider High School
Grades 9-12 · 1,915 students
North Side High School
Grades 9-12 · 1,460 students
South Side High School
Grades 9-12 · 1,459 students
Wayne High School
Grades 9-12 · 1,417 students
Carroll Middle School
Grades 6-8 · 1,025 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fort Wayne, IN?
Want a head-to-head view? Compare Fort Wayne side-by-side with any other U.S. city using our market-comparison tool.
Is Fort Wayne a good real estate investment market?
For investors evaluating Fort Wayne, the price-to-rent ratio of 16.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Fort Wayne's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Fort Wayne's median home price.
Frequently asked questions
What is the average home price in Fort Wayne?
The median home sale price in Fort Wayne is $225,550, up 2.5% from last year.
How long do homes stay on market in Fort Wayne?
Homes typically spend 16 days on market before going under contract.
What is the median income in Fort Wayne?
The median household income is $60,293 per year.
Is Fort Wayne a buyer's or seller's market?
With 1.4 months of supply, Fort Wayne is currently a seller's market.
What is the Zillow home value estimate for Fort Wayne?
The Zillow Home Value Index (ZHVI) for Fort Wayne is $250,668, representing the typical home value in the area.
What is the median condo price in Fort Wayne?
The median condo/co-op sale price in Fort Wayne, IN is $287,500, compared to $220,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Fort Wayne?
The median single-family home price in Fort Wayne, IN is $220,000 (about $137 per square foot).
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