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Short Sale Listings in Fort Wayne, IN 46818

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Living in Fort Wayne, IN

Fort Wayne is a vibrant city located in northeast Indiana known for its rich history, friendly communities, and ample recreational opportunities. With a strong arts scene, numerous parks, and a growing economy, it's a great place to live, work, and play. The city combines urban charm with small-town friendliness, making it appealing to families and professionals alike.

Current Market Conditions in Fort Wayne, IN

The Fort Wayne real estate market has shown steady growth over the past year, with a notable increase in home sales and property values. The average home price has risen significantly, reflecting the city's appealing qualities and low cost of living compared to similar metropolitan areas.

With a healthy mix of residential properties and commercial development, Fort Wayne is attracting new residents and businesses. The migration trend is expected to continue as job opportunities are increasing due to expanding sectors such as manufacturing, technology, and healthcare.

Home Value Estimator For Fort Wayne, IN

There are currently 101,801 real estate properties in Fort Wayne, IN, with a median automated valuation model (AVM) price of $236,403.00. 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 $265,789.00, with the most expensive house in Fort Wayne, IN, topping out at $29,270,900.00 and the cheapest home in Fort Wayne, IN, clocking in at $10,158.00. 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 $1,143.00. 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 $1,050.00. 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 Short Sale Listings


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