Fort Wayne, IN

Population: 256,496
Average annual home appreciation rate: 6.87%
Total of homes for sale in this market: 725
Median home price: $100,469
Median Rent: $674 per room
Home price range: 39.85% of homes are between $101,001 – $201,000
Median sales price: NO DATA
Number of homes: 1,170
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 69.11% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 10.82%
Number of renters: 37.55%
Number of owner occupied: 62.46%
Number people living below poverty level: 18.70%
Unemployment rate: 5.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Fort Wayne area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

Leave a Reply

Your email address will not be published. Required fields are marked *