The story of this market
The typical home in ZIP 46816 sells for about $220,000, or $145 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $865 a month.
ZIP 46816 — Fort Wayne
The 46816 housing market is currently characterized as a seller's market with a median sale price of $220,000 and a high sale-to-list ratio of 100.4%. Inventory remains tight with only 23 active listings, and homes are moving quickly with a median of 18 days on the market. These conditions reflect a competitive environment for buyers despite the area's lower median household income relative to the broader Fort Wayne metro.
This area is primarily suited for budget-conscious buyers and investors looking for entry-level housing options within the Fort Wayne market.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 18 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 26.3% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46816, 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.
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 mean travel time to work for residents in this ZIP code is approximately 25.8 minutes.
The local economy is integrated into the broader Fort Wayne metropolitan area, which features a diverse mix of manufacturing, healthcare, and service-sector employers.
Data retrieved from Census Reporter and IncomeByZipCode.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.