Why Live in Warsaw
Warsaw, known as the “Orthopedic Capital of the World,” is a small city in northern Indiana with a population of around 16,000. The city boasts a mix of older homes from the mid to late 1900s and new construction, particularly around its edges. Warsaw Community Schools are highly rated, with Warsaw Community High offering dual credit courses and a career center. The city is home to several lakes, providing ample opportunities for swimming, fishing, and waterside recreation, with kayak and paddleboard rentals available. The City-County Athletic Complex offers indoor activities during the colder months, and the Wagon Wheel Center for the Arts features one of the oldest theater-in-the-round stages in the country. Warsaw hosts numerous events, including the Fat & Skinny Tire Fest and various outdoor concerts and races. Downtown Warsaw features a mix of boutiques and local restaurants, while nearby Winona Lake offers upscale shopping and dining options. The city is centrally located, with Fort Wayne 40 miles east, Chicago 120 miles west, and South Bend 50 miles north. Crime rates in Warsaw are comparable to state averages, with a noted decrease since 2020.
Home Trends in Warsaw, IN
On average, homes in Warsaw, IN sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Warsaw, IN over the last 12 months is $258,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$258,000
Median Single Family Sale Price
$269,900
Median Townhouse Sale Price
$198,500
Median 2 Bedroom Sale Price
$232,000
Average Price Per Sq Ft
$149
Number of Homes for Sale
80
Last 12 months Home Sales
454
Median List Price
$269,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-4%