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Lincoln Way West, Fort Wayne, IN—46803

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$105,000
4.5% YoY Growth
Household Income
$31,800
44.4% YoY Growth
Days on Market
50
7.0% Longer YoY
Home Price Forecast
3.9%
Median Rent
$945
7.5% YoY Growth
1-Bed Rent
$735
3.4% YoY Growth
2-Bed Rent
$950
4.4% YoY Growth
3-Bed Rent
$940
4.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lincoln Way West, Fort Wayne, IN

As of Dec '25, the median home price in Lincoln Way West, Fort Wayne, IN is $105,000, with a year-over-year change of 4.5%. This indicates that home prices in Lincoln Way West, Fort Wayne, IN are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$105,0004.5%
Single Family $105,0005.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$87,0003.6%
    3 Bed
    		$108,0002.9%
    4 Bed
    		$129,0004.0%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    3.7%
    1 Bedroom
    12.6%
    2 Bedrooms
    30.3%
    3 Bedrooms
    37.3%
    4 Bedrooms
    11.4%
    5+ Bedrooms
    4.8%

    Rental Trends — Lincoln Way West, Fort Wayne, IN

    As of July '25, Rentcast reports the average rent in Lincoln Way West, Fort Wayne, IN is $949, with a year-over-year rent change of 7.5%. Per bedroom, the median rent as of July '25 in Lincoln Way West, Fort Wayne, IN is studios: $572, 1-bedrooms: $801, 2-bedrooms: $1,010, 3-bedrooms: $1,010, 4-bedrooms: $1,200. The most common rental property sizes in Lincoln Way West, Fort Wayne, IN are 3-bedroom and 2-bedroom, accounting for 37.9% and 31.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$945$949
    Studio Rent $545$572
    1 Bed Rent $735$801
    2 Bed Rent $950$1,010
    3 Bed Rent $940$1,010
    4 Bed Rent $1,200$1,200
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    % of Rental Stock

    Studio
    3.2%
    1 Bedroom
    16.1%
    2 Bedrooms
    31.1%
    3 Bedrooms
    37.9%
    4 Bedrooms
    10.5%
    5+ Bedrooms
    1.2%

    Property Listings — Lincoln Way West, Fort Wayne, IN

    As of Dec '25, Realtor.com reports that the median days on market for a home in Lincoln Way West, Fort Wayne, IN is 33. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 80.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$126,00010.0%
    Listing Count
    		2051.0%
    Listings as % of Homes0.2%51.0%
    Days on Market
    		507.0%
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    Demographics — Lincoln Way West, Fort Wayne, IN

    As of the latest ACS Survey released in 2023, Lincoln Way West, Fort Wayne, IN has a population of 11,200, which has increased by 19.3% over the past 5 years. Lincoln Way West, Fort Wayne, IN is a popular place for families, as children make up 35.6% of the population. The area has a poorly educated workforce, with 9.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		11,20019.3%
    % Under 18
    		35.6%14.8%
    % Seniors
    		9.2%7.0%
    % WFH
    		2.6%13.0%
    % w/ College Degree
    		9.4%14.6%
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    As of the latest ACS Survey released in 2023, Lincoln Way West, Fort Wayne, IN is a predominantly black area, with 43.4% of the population identifying as black. The black population has grown by 13.0% in the last 5 years. The second most common race or ethnicity in Lincoln Way West, Fort Wayne, IN is white, making up 26.8% of the population. Foreign-born residents account for 11.4% of the population in Lincoln Way West, Fort Wayne, IN, and this percentage has decreased by 7.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		26.8%-20.2%
    % Black
    		43.4%13.0%
    % Hispanic
    		23.9%23.8%
    % Asian
    		1.0%-83.1%
    % Foreign Born
    		11.4%-7.3%
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    Mortgage and Risk — Lincoln Way West, Fort Wayne, IN

    According to HUD data as of 2023, there were 88 mortgage originations in Lincoln Way West, Fort Wayne, IN, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Lincoln Way West, Fort Wayne, IN. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		88
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		5.0%
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    Rentals and Section 8 — Lincoln Way West, Fort Wayne, IN

    As of 2024, the percent of homes in Lincoln Way West, Fort Wayne, IN under the Section 8 program is 31.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lincoln Way West, Fort Wayne, IN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		1,021
    Total Units Section 8
    		962
    % Rentals under Section 8
    		31.3%
    % Occupied Section 8
    		80.6%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$155$735$890
    2 Bedroom$130$950$1,080
    3 Bedroom$420$940$1,360
    4 Bedroom$270$1,200$1,470

    Affordability — Lincoln Way West, Fort Wayne, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.3
    Median Home Price$105,000
    Median Household Income$31,800

    Lincoln Way West, Fort Wayne, IN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Fairborn, Fort Wayne, IN

    46806

    Western Hills, Fort Wayne, IN

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    Downtown South Bend, Fort Wayne, IN

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    Frequently Asked Questions