Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$257,074+3.6% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 25% have cut their price
Income needed to buy, per year$55,728About 0.8× the local median income ($71,836): affordable for a typical household
Days on market43 daysFaster than a year ago: sellers have the edge
Next 12 months+3.8%Zillow expects prices to rise slightly
The typical home in Fort Wayne, IN is worth $257,074, up 3.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $204,500, so the area is 25.7% overvalued. It is a balanced market, leaning toward sellers: homes take about 43 days to sell, listings are down 11% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 3.8% over the next year. A household needs about $55,728 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,836. Typical rent is $1,266 a month, or $1,550 for a house. In the latest IRS figures, 436 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$257,074
Change in 1 year
+3.6%
Overvalued %
+25.7%
Show 7 more
Fair home value
$204,500
Change in 5 years
+33.6%
Zillow forecast, next 12 months
+3.8%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,393
Income needed to afford it
$55,728
Property tax rate
0.76%
Rent and investing
Typical rent
$1,266
Typical rent for houses
$1,550
Price-to-rent ratio
16.9×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,239
Gross rental yield
5.91%
Cap rate (estimate)
3.84%
Market activity
Listings vs a year ago
−11.4%
Days on market
43
Listings with a price cut
25.4%
Show 3 more
Homes for sale
1,007
Pending sales per 100 listings
61
Asking price per sq ft
$162
People and jobs
Median household income
$71,836
Population change (1 year)
+0.7%
Unemployment rate
4.5%
Show 4 more
Population
466,258
Income adjusted for cost of living
$77,577
Net moves in (IRS)
+436
Cost of living (US = 100)
92.6
Schools, risk and environment
School rating (1 to 10)
5.2
FEMA hazard risk score (0 to 100)
81.6
Unhealthy air days a year
3
Show 4 more
Flood risk score
85.6
Wildfire risk score
34.8
Walkability (1 to 20)
8.9
Road, rail and air noise
53 dB
Questions people ask
Is Fort Wayne, IN overvalued?
Home prices in Fort Wayne, IN are well above what local incomes have historically supported: fair value is about $204,500, so the area is 25.7% overvalued.
Is Fort Wayne, IN a buyer's or seller's market?
Fort Wayne, IN is a balanced market, leaning toward sellers: homes take about 43 days to sell, listings are down 11% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Fort Wayne, IN?
Home values in Fort Wayne, IN are up 3.6% over the last year. Zillow's forecast for the next 12 months is +3.8%.
How much do you need to earn to buy a home in Fort Wayne, IN?
A household needs about $55,728 a year to afford the typical home in Fort Wayne, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,836.