Why Live in Fort Wayne
Fort Wayne's cultural scene centers around the nationally recognized Fort Wayne Children's Zoo and the historic Embassy Theatre downtown. Residents enjoy summer baseball games at Parkview Field, home of the Fort Wayne TinCaps, while the newly developed Promenade Park provides a scenic riverfront gathering space. The Foellinger-Freimann Botanical Conservatory serves as a year-round tropical escape, complemented by the Fort Wayne Museum of Art's diverse exhibitions and Science Central's interactive learning experiences. Local dining ranges from upscale steakhouses like Eddie Merlot's and Baker Street to casual favorites such as Fort Wayne's Famous Coney Island Weiner Stand and the rooftop views at Birdie's.
The median price for single family homes in Fort Wayne is $255,000, with townhomes at $227,500 and one bedroom condos at $127,500. Neighborhood prices vary significantly: Forest Park commands a median single family home price of $742,500, while Historic South Wayne homes typically sell for $139,900. West Central and Blackhawk present mid-range options with median prices of $249,900 and $258,000 respectively.
Fort Wayne's cost of living sits 8.9% below the national average. A family with school-age children needs approximately $97,000 annually to live comfortably, while renters require about $54,000. Property taxes remain competitive at 0.8%, with a combined state and local sales tax of 7%. The city features strong public education options, including Homestead Senior High School and Carroll High School, both rated A by Niche. Canterbury School, rated A+, serves multiple neighborhoods as a private education option. Major employers include Parkview Health, Lutheran Health Network, and General Motors, with most residents commuting by personal vehicle through Citilink's public bus network.
Home Trends in Fort Wayne, IN
On average, homes in Fort Wayne, IN sell after 35 days on the market compared to the national average of 50 days. The median sale price for homes in Fort Wayne, IN over the last 12 months is $249,949, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$249,949
Median Single Family Sale Price
$255,000
Median Townhouse Sale Price
$227,500
Median 2 Bedroom Sale Price
$234,000
Median 1 Bedroom Sale Price
$127,500
Average Price Per Sq Ft
$137
Number of Homes for Sale
767
Last 12 months Home Sales
4,342
Median List Price
$260,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
4%