The story of this market
The typical home in ZIP 46805 sells for about $183,768, or $128 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,050 a month.
ZIP 46805 — Fort Wayne
The 46805 housing market remains stable with modest year-over-year price growth of 2.1%. Demand is supported by the area's affordability and proximity to downtown, though inventory remains tight at 52 active listings. Figures for specific metrics like price-cut percentage were not explicitly published for this ZIP and are omitted.
This ZIP is well-suited for first-time homebuyers, young professionals, and investors seeking affordable entry points near the city center.
Median prices moved up 2.1% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 14.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 46805, Allen County IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 46805 area are generally higher than the national average, consistent with urban core neighborhoods in Fort Wayne.
Schools serving the area are part of Fort Wayne Community Schools, which maintains a diverse range of academic performance ratings across its elementary and secondary campuses.
The area is primarily at low risk for major natural disasters, though localized flooding can occur near the St. Joseph River corridor.
Economic momentum is driven by proximity to downtown Fort Wayne and ongoing revitalization efforts in the surrounding urban neighborhoods.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Residents enjoy a short commute to downtown Fort Wayne, typically under 15 minutes via major arterial roads like N. Clinton St.
The area features proximity to Franke Park, the Fort Wayne Children's Zoo, and various local trails along the riverfront.
The rental market is characterized by steady demand for affordable housing, with a mix of single-family rentals and older apartment complexes.
The local economy is anchored by healthcare, manufacturing, and education sectors within the broader Fort Wayne metro area.
Public transit is provided by Citilink, with bus routes serving the major corridors connecting the ZIP to downtown.
Development is focused on urban infill and the continued expansion of the city's greenway trail network.
The Allen County Assessor manages property valuations, with assessments updated annually to reflect market changes.
Parcels are subject to Fort Wayne Community Schools district taxes and standard municipal utility service districts.
Property insurance premiums are generally stable, though coverage for older homes may require specific inspections.
Data retrieved from Census Reporter ZCTA 46805 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large municipal park featuring trails and picnic areas.
Major regional attraction located within Franke Park.
Provides recreational access and scenic greenway paths.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.