Is Fort Wayne, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fort Wayne was a Buyer's Market.
Housing Prices in Fort Wayne, IN
How much do homes in Fort Wayne, IN cost?
Median Sold Price
$245,000
$142/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Summary: The median home sold price in Fort Wayne was $245,000 in June 2024, up 3.7% from last month, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $195K | N/A |
2 Bedrooms | $117.4K | $147.5K | +25.6% |
3 Bedrooms | $200K | $221.4K | +10.7% |
4 Bedrooms | $299.4K | $321.5K | +7.4% |
5+ Bedrooms | $580K | $551.5K | -4.9% |
Summary: Fort Wayne housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 4.9%.
Median Sold Price Compared To Nearby Cities
Wayne Township | $120K | $176K | +46.7% |
Fort Wayne | $236.2K | $245K | +3.7% |
Washington Township | $260K | $244.9K | -5.8% |
Housing Supply in Fort Wayne, IN
How many homes are available in Fort Wayne, IN?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
273 | 467 | +71.1% |
Summary: The Fort Wayne real estate market had 467 homes for sale in June 2024, a 71.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 26 | 46 | +76.9% |
3 Bedrooms | 144 | 254 | +76.4% |
4 Bedrooms | 77 | 126 | +63.6% |
5+ Bedrooms | 25 | 38 | +52.0% |
Summary: The Fort Wayne housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 76.9%, 3 bedroom homes increased by 76.4%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes increased by 52%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
32 | 114 | +256.3% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Summary: A total of 114 homes were sold or pending in Fort Wayne in June 2024, up by 256.3% month-over-month. Of the 107 sold homes, 30% were sold under asking, 32% were sold at asking, and 38% were sold over asking.
Days on Market for Fort Wayne, IN
We’re sorry, we don't have information for this market at the moment