The story of this market
The typical home in ZIP 46814 sells for about $447,450, or $148 per square foot.
Prices are down 22.2% from a year ago, which gives buyers more room to negotiate. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,624 a month.
ZIP 46814 — Fort Wayne
The 46814 housing market is currently experiencing a significant correction, with median sale prices down 22.2% year-over-year as of March 2026. While the area maintains a strong baseline of high-income households and quality schools, current inventory turnover and price volatility suggest a challenging environment for sellers. Market conditions are characterized by increased vacancy pressure and a shift toward a more competitive, buyer-favored landscape.
This ZIP is well-suited for family buyers seeking access to top-rated schools and high-income residential environments, though investors should approach with caution due to current market volatility.
Median prices moved down 22.2% year over year.
Homes spend a median of 50 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) · unemployment 3.5% · poverty 2.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46814, 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 is served by highly-rated schools within the Southwest Allen County Schools district, including Aboite, Covington, and Deer Ridge elementary schools, as well as Summit and Woodside middle schools.
The area features a strong baseline for buyers with significant high-income household representation, though it faces challenges regarding vacancy pressure and price growth volatility.
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.
The rental market in 46814 faces vacancy pressure and tenant stability concerns, rewarding specialized operators over generalists.
The local economy is anchored by the broader Fort Wayne metropolitan area, which has shown consistent growth and a robust industrial mix.
The area is served by the Southwest Allen County Schools district.
Data retrieved from US Census Bureau ZCTA 46814 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.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.