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Foreclosures in Fort Wayne, IN 46818

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Fort Wayne, IN Foreclosures

How much do homes sell for in Fort Wayne, IN?
The average home price is currently $265,726.
In Fort Wayne, IN, how many homes are available?
There are currently 52 active home listings available in Fort Wayne.
What’s the average rental cost in Fort Wayne, IN?
The average rental price in Fort Wayne is $1,139.
What is the most expensive home in Fort Wayne?
The most expensive home sold in Fort Wayne had a price of $24,117,660.
What is currently the cheapest priced home in Fort Wayne, IN?
The cheapest home for sale in Fort Wayne is priced at $10,030.

Living in Fort Wayne, IN

Fort Wayne, IN is a thriving city that combines urban sophistication with a close-knit community vibe. Known for its low cost of living, diverse housing options, and a variety of recreational activities, Fort Wayne is perfect for those seeking both opportunities and a relaxed lifestyle. The city offers numerous parks, cultural institutions, and a welcoming atmosphere for families and newly settled individuals alike.

Current Market Conditions in Fort Wayne, IN

Fort Wayne's real estate market has shown resilience, with a steady increase in home prices over the past year. The demand for homes in this area has been bolstered by the influx of new residents relocating for work opportunities and the proximity of several major corporations.

As of late 2023, the market remains competitive, with a lower than average inventory of homes for sale, encouraging bidding wars and quickly rising prices.

Home Value Estimator For Fort Wayne, IN

There are currently 103,545 real estate properties in Fort Wayne, IN, with a median automated valuation model (AVM) price of $234,480.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fort Wayne, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fort Wayne, IN, is $265,726.00, with the most expensive house in Fort Wayne, IN, topping out at $24,117,660.00 and the cheapest home in Fort Wayne, IN, clocking in at $10,030.00. In other words, there’s something for every potential homebuyer or savvy investor in Fort Wayne, IN!

Rent Prices In Fort Wayne, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fort Wayne, IN, is on a rollercoaster ride. The average rent price in Fort Wayne, IN, is $1,139.00. Indeed, when looking to rent in Fort Wayne, IN, you can expect to pay as little as $440.00 or as much as $3,500.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Fort Wayne, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Fort Wayne, IN 46818 Foreclosures

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