Fort Wayne housing market
Typical home value
$257K
▲ 3.6% 1 yr
Typical rent
$1,266/mo
▲ 6.6% 1 yr
12-month forecast
+3.8%
#62 of 546 metros
Gross rent yield
5.9%
#278 of 546 · U.S. 6.3%
Days to pending
29 days
▼ −4 days 1 yr
Listings with a price cut
31%
▼ −0.6 pts 1 yr
Key takeaways
- 1The typical home is worth $257,074, up 3.6% in a year and up 34% over five years.
- 2Zillow forecasts home values rising 3.8% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,266/mo (+6.6% YoY), a 5.9% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,413/mo in principal and interest, $147 more than renting.
- 5Homes go under contract in 29 days (−4 days vs last year); 31% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 45/100, #205 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Fort Wayne compares
| Measure | Fort Wayne | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +3.6% | +1.2% | #148 |
| Home value, 5-yr change | +33.6% | +19.7% | |
| 12-month forecast | +3.8% | +1.1% | #62 |
| Rent, 1-yr change | +6.6% | +2.7% | #62 |
| Gross rent yield | 5.9% | 6.3% | #278 |
| Price-to-rent ratio | 16.9 | 15.8 | |
| Mortgage P&I on typical home | $1,413 | $2,012 | |
| Income needed to buy | $72,284 | $100,902 | |
| Days to pending | 29 | 56 |
Cities in the Fort Wayne metro
1 cities with home value and rent data.
| Fort Wayne | $245K | ▲ 3.3% | $1,257 | ▲ 6.5% | 6.2% |
Run the numbers
Rental property calculator
Cash flow on a typical Fort Wayne rental ($257K, $1,266/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Fort Wayne home.
Rent vs buy
Is it cheaper to rent or buy in Fort Wayne?
Other Indiana metros
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$292K home$1,528 rent6.3% yield
▲ 1.0% 1 yr
South Bend, IN
$238K home$1,258 rent6.4% yield
▲ 6.3% 1 yr
Evansville, IN
$225K home$1,098 rent5.8% yield
▲ 3.9% 1 yr
Lafayette, IN
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▲ 2.9% 1 yr
Elkhart, IN
$266K home$1,182 rent5.3% yield
▲ 5.5% 1 yr
Terre Haute, IN
$166K home$977 rent7.1% yield
▲ 1.4% 1 yr
Bloomington, IN
$297K home$1,746 rent7.1% yield
▲ 1.6% 1 yr
Muncie, IN
$169K home$1,043 rent7.4% yield
▲ 4.3% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.