The story of this market
The typical home in ZIP 46806 sells for about $141,250, or $117 per square foot.
Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 46806 — Fort Wayne
The 46806 housing market is characterized by a median listing price of $141,250 and a median price per square foot of $117. Many specific metrics such as days on market, active inventory, and tax rates are not published at the ZIP level and are omitted here. The area serves as a lower-cost residential option within Fort Wayne.
This ZIP code is best suited for budget-conscious buyers and investors looking for affordable entry points into the Fort Wayne market. Its affordability and existing housing stock appeal to those prioritizing value over modern amenities or top-tier school districts.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 43 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — 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 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 46806, 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.
The ZIP code exhibits crime rates roughly 48% above the national average, with property crime being more prevalent than violent crime. It is considered to have a higher crime rate relative to the broader Fort Wayne city average.
The area is served primarily by Fort Wayne Community Schools. Prevailing school performance is characterized as significantly below state proficiency averages, with some magnet schools identified as local top-rankers.
The area faces a "Relatively Moderate" natural-hazard risk at the county level, with inland flooding, lightning, and strong wind being the primary identified threats.
The area is defined by a trades-oriented local economy. Development focus remains on the broader Fort Wayne metro area, with older housing stock from the 1950s dominating the local residential landscape.
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 primarily rely on personal vehicles with a mean commute time of approximately 21 minutes; transit access is limited.
The area is within a few miles of several local parks and green spaces typical of Fort Wayne's southeast side, though major regional attractions are primarily centralized in the downtown core.
The rental market in this ZIP code shows a median asking rent of $970/mo. Specifics on vacancy pressure, investor activity, or short-term rental presence are not determinable from the available data.
The local economy is characterized by a trades-oriented workforce. The broader Fort Wayne metro area drives employment, with a focus on manufacturing and logistics.
No major announced or under-construction projects are specifically identified within the 46806 ZIP boundaries. Development focus is on the wider Fort Wayne metropolitan area.
Parcels in this ZIP code are subject to Allen County and Fort Wayne city tax structures, with potential for special service districts common in urban areas.
The area faces a "Relatively Moderate" natural hazard risk, with inland flooding, lightning, and strong winds as primary concerns. Property insurance costs are generally in line with regional averages.
Data retrieved from incomebyzipcode.com citing ACS 2024 5-year estimates.
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.
Located at 3039 Piqua Ave, this museum is a notable cultural anchor within the ZIP.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.