The story of this market
The typical home in ZIP 46807 sells for about $181,421, or $127 per square foot.
Prices are roughly flat from a year ago (+0.2%), a market in balance. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,004 a month.
ZIP 46807 — Fort Wayne
The 46807 ZIP code remains a competitive entry-level market with limited inventory and accessible pricing, attracting first-time buyers. While year-over-year price appreciation has stabilized, demand remains high with a short median time on market, indicating a strong seller's environment. The median sale price is $181,421, with a median price per square foot of $127.
Primarily suited for family buyers and first-time homeowners seeking affordability relative to the broader Fort Wayne market.
Median prices moved up 0.2% year over year.
Homes spend a median of 37 days on market with 1.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% · poverty 20.0% — a mixed stability 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 6.5%/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 1.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 46807, Allen County, Indiana
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 area reports a crime rate of approximately 30.53 incidents per 1,000 residents. While safety perceptions vary by neighborhood pocket within the ZIP, the cost of crime per resident is reported at $421 annually, which is slightly below the national average.
The ZIP is served by Fort Wayne Community Schools (FWCS). Public schools, including Fairfield and South Wayne Elementary, generally face challenges with proficiency rates and chronic absenteeism compared to state averages.
Not determinable (local hazard mapping not published at ZIP level).
Development is anchored by proximity to downtown Fort Wayne and the Electric Works mixed-use redevelopment, which has stimulated regional interest.
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 generally benefit from a ~21-minute average commute, with efficient access to the Fort Wayne employment core.
Proximity to local parks and the historic Southwood Park area; shopping and dining are accessible within 3 miles.
High demand for affordable rentals; market depth is supported by a median rent of ~$962/mo.
The economy is diversified across healthcare (Parkview Health), automotive tech (General Motors, Dana Corp), and insurance (Lincoln Financial Group).
Continued residential infill and neighborhood-scale revitalization.
Parcels are subject to FWCS district levies and municipal special assessment districts.
Standard regional posture; no specific ZIP-level risk rating available.
Data retrieved from data.census.gov for ZCTA 46807. Note: Some figures like owner-occupancy rate are city-wide estimates due to ZCTA-level data limitations.
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.
A notable local park providing green space and recreational opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.