Why Live in Lafayette Place
Lafayette Place in Fort Wayne is a unique neighborhood characterized by its residential streets that wrap around a long linear park, providing easy access to green spaces. The area features a mix of symmetrical colonials, craftsman styles, and Tudor-influenced homes, primarily from the 1920s, with some midcentury structures. The neighborhood's tree-lined streets and historic charm are complemented by its proximity to highways, making city commutes convenient. Homes here are priced lower than the city average, typically selling quickly. Residents enjoy local amenities such as tennis courts, a playground, and nearby Foster Park, which offers waterside walks and an 18-hole golf course. The Packard 2030 project aims to revitalize the community, enhancing parks and public spaces. Lafayette Place is adjacent to Southgate Shopping Center, where residents can shop at Kroger, grab fast food, or dine at local eateries like Chance Bar. The neighborhood is served by the Fort Wayne Community District, with schools like Harrison Hill Elementary, Kekionga Middle, and South Side High, which features notable athletic facilities. Downtown Fort Wayne is just 3 miles north, and the Fort Wayne International Airport is a little over 5 miles south, providing easy access for travel.
Frequently Asked Questions
Is Lafayette Place a good place to live?
Lafayette Place is a good place to live. Lafayette Place is considered somewhat walkable and bikeable with some transit options. Lafayette Place is a suburban neighborhood. Lafayette Place has 6 parks for recreational activities. It is somewhat dense in population with 10.8 people per acre and a median age of 32. The average household income is $70,447 which is below the national average. College graduates make up 24.8% of residents. A majority of residents in Lafayette Place are home owners, with 29.2% of residents renting and 70.8% of residents owning their home. A
local real estate agent serving Lafayette Place can help you decide if this neighborhood is the right one for you. Learn more on our
Lafayette Place neighborhood guide.
Is Lafayette Place, IN a safe neighborhood?
Lafayette Place, IN is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Lafayette Place?
The median home price in Lafayette Place is $149,950. If you put a 20% down payment of $30,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $33K a year to afford the median home price in Lafayette Place. The average household income in Lafayette Place is $70K.
What are the best public schools in Lafayette Place?
The best public schools that serve Lafayette Place are:
What are the best private schools in Lafayette Place?
The best private schools that serve Lafayette Place are:
What are the most popular zip codes in Lafayette Place, Fort Wayne, IN?
What are the most popular neighborhoods near Lafayette Place, Fort Wayne, IN?
Are home prices dropping in Lafayette Place?
Yes, home prices in Lafayette Place are down 10% in the last 12 months.
Home Trends in Lafayette Place, IN
On average, homes in Lafayette Place, Fort Wayne sell after 34 days on the market compared to the national average of 50 days. The median sale price for homes in Lafayette Place, Fort Wayne over the last 12 months is $132,000, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$132,000
Median Single Family Sale Price
$144,950
Average Price Per Sq Ft
$75
Number of Homes for Sale
5
Last 12 months Home Sales
21
Median List Price
$149,950
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-7%