The story of this market
The typical home in ZIP 46818 sells for about $322,025, or $165 per square foot.
Prices are up +2.2% from a year ago, so sellers still have some momentum. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,273 a month.
ZIP 46818 — Fort Wayne
The 46818 housing market remains competitive, characterized by a median sale price of $322,025 and low inventory levels. Demand is driven by the area's high-quality school district and newer housing stock, though buyers are increasingly price-sensitive in the current interest rate environment.
This ZIP is well-suited for family buyers seeking newer construction and access to highly-rated schools, as well as commuters who prefer a suburban environment with proximity to city amenities.
Median prices moved up 2.2% year over year.
Homes spend a median of 18 days on market with 3.2 months of supply — a fast-moving market.
25% 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 2.5% · poverty 8.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46818, 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 area is served by the Northwest Allen County Schools district, which is generally regarded as a high-performing district in the region.
The area is experiencing steady residential expansion with new subdivisions like Fields at Broad Acres, supported by its proximity to major Fort Wayne employment 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.
Residents primarily rely on personal vehicles for commuting, with convenient access to major corridors leading into downtown Fort Wayne.
The area features access to local parks and is within a short drive of regional shopping centers and golf courses in the northwest Fort Wayne corridor.
The rental market is stable with moderate demand, though investors should account for management intensity and potential vacancy drift in this suburban-fringe market.
The economy is anchored by the broader Fort Wayne metro area, which features a diverse mix of manufacturing, healthcare, and education sectors.
The area is primarily served by regional highway networks with limited public transit options, necessitating vehicle ownership for most residents.
Ongoing residential development continues in the northwest corridor, with several new subdivisions currently in the planning and construction phases.
The Allen County Assessor manages property valuations, utilizing annual adjustments to reflect current market conditions.
Parcels are subject to Northwest Allen County Schools district taxes and standard municipal utility service districts.
Property insurance premiums in the region are generally stable, reflecting the area's moderate risk profile for natural disasters.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Major regional sports facility serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.