The story of this market
The typical home in ZIP 46808 sells for about $190,000, or $108 per square foot.
Prices are up +10.4% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $946 a month.
ZIP 46808 — Fort Wayne
The residential housing market in ZIP 46808 remains competitive, characterized by high demand for entry-level housing, which is currently driving a 10.4% year-over-year increase in median sale prices. Despite a rise in the median days on market, the area remains a seller’s market with inventory tight and a strong sale-to-list ratio. Rising rents reflect ongoing pressure on housing affordability, attracting interest from both family buyers and investors.
Fits first-time family buyers and investors seeking affordable entry points into the Fort Wayne market with proximity to urban lifestyle amenities.
Median prices moved up 10.4% year over year.
Homes spend a median of 38 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 19.3% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46808, 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.
46808 exhibits moderate crime rates, with property crime identified as a significant factor in Fort Wayne. Residents report mixed feelings on safety depending on the specific neighborhood, though the area is monitored for its impact on local desirability.
The area is served primarily by Fort Wayne Community Schools. Academic performance is varied; Franke Park Elementary is frequently cited as a top-performing school in the local cluster, while others face challenges linked to high poverty rates.
The region faces typical Midwestern seasonal weather hazards, including wind and localized flooding; however, it lacks unique, ZIP-specific high-risk wildfire or extreme hazard designations common in other climates.
Proximity to downtown Fort Wayne and the Riverfront development project provides momentum, supported by major employers like Parkview Health, Lutheran Health Network, and nearby manufacturing hubs.
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.
Highly accessible; situated with easy access to major thoroughfares leading directly into the Fort Wayne central employment core.
High access to parks; notable locations include Franke Park, which features a zoo and theatre, and proximity to the Riverfront and Promenade Park downtown.
High demand for affordable rental housing; rent growth remains strong due to inventory constraints.
Driven by a mix of regional healthcare systems, aerospace/defense contractors, and manufacturing entities.
Significant focus on the Fort Wayne Riverfront development and downtown urban renewal, which border and influence the ZIP.
Standard municipal/county jurisdiction; no special MUDs or PIDs reported.
Standard residential insurance posture; no ZIP-level deviations noted for property coverage.
Data retrieved from census.gov ZCTA profiles.
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.
Features the Fort Wayne Children's Zoo and outdoor theatre.
Extensive trail system providing recreational access along the river.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.