Housing in Fort Wayne, IN (zip code 46816) is a great investment opportunity right now. According to data, the median value of housing in the area is $161,000, significantly below the overall US median value of $338,100. Furthermore, houses in this area have appreciated 14.48% over the past year compared to 8.27% overall across the US. With these figures in mind, it鈥檚 clear that there is excellent potential for a good return on your investment when buying a house in Fort Wayne, IN (46816).
The median home cost in Fort Wayne (zip 46816) is $161,000. Home appreciation the last 10 years has been 101.7%. Home Appreciation in Fort Wayne (zip 46816) is up 15.7%.
Average Age of Homes
- The median age of Fort Wayne (zip 46816) real estate is 45 years old
The Rental Market in Fort Wayne (zip 46816)
- Renters make up 40.9% of the Fort Wayne (zip 46816) population
- 5.6% of houses and apartments in Fort Wayne (zip 46816), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.