There are currently 102,615 real estate properties in Fort Wayne, IN, with a median automated valuation model (AVM) price of $213,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fort Wayne, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fort Wayne, IN, is $242,318.00, with the most expensive house in Fort Wayne, IN, topping out at $30,000,000.00 and the cheapest home in Fort Wayne, IN, clocking in at $12,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Fort Wayne, IN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fort Wayne, IN, is on a rollercoaster ride. The average rent price in Fort Wayne, IN, is $1,142.00. Indeed, when looking to rent in Fort Wayne, IN, you can expect to pay as little as $440.00 or as much as $3,500.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Fort Wayne, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Fort Wayne, IN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Fort Wayne, IN and much more. Save thousands at closing with home foreclosure listings in Fort Wayne, IN — up to 75% off market value!
Fort Wayne is located in Allen, Indiana, with an estimated municipal population of 270,402 residents. All of the best foreclosed homes for sale in Fort Wayne are located in the following zip code areas on Foreclosure.com: 46835 46845 46818 46814 46815 46816 46803 46802 46807 46806 46805 46804 46809 46808 46825 46801 46850 46851 46852 46853 46854 46855 46856 46857 46858 46859 46860 46861 46862 46863 46864 46865 46866 46867 46868 46869 46885 46895 46897. The estimated population per square kilometer (.62 miles) in Fort Wayne is 943.
So, about how much do homes cost in Fort Wayne? The most recent median value of resident-owned homes in Fort Wayne is 114,637. An estimated 62 percent of households in Fort Wayne own their homes, with an average family size of 3.13. The median household income in Fort Wayne is 49,411, with17.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fort Wayne, the median commute time of resident workers (in minutes) is 21.2. And last, but certainly not least, are you looking for homes to rent in Fort Wayne? If so, the average rent price paid by renters in Fort Wayne is 764, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Fort Wayne, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Fort Wayne is 35, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Fort Wayne is 44.4, with an average family size of 3.13.
The percentage of residents who report their race in Fort Wayne is as follows:
|Black / African American||15.1%|
|American Indian / Alaskan Native||0.2%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Fort Wayne? Or maybe you are searching for 55+ active adult communities in and/or near Fort Wayne?
The percentage of residents who report their age in Fort Wayne is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Fort Wayne with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fort Wayne.
How do you know that living in -- or moving to -- Fort Wayne is right where you need to be? Perhaps you grew up in Fort Wayne or already live nearby; therefore, the decision to buy a home in Fort Wayne is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fort Wayne for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Fort Wayne:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fort Wayne.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fort Wayne can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fort Wayne, meanwhile, can field multiple offers from more qualified buyers.
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