Riverside, Fort Wayne, IN—46819
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riverside, Fort Wayne, IN
As of Oct '25, the median home price in Riverside, Fort Wayne, IN is $216,000, with a year-over-year change of 3.6%. This indicates that home prices in Riverside, Fort Wayne, IN are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | 3.7% |
| Single Family | $217,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | 4.3% |
3 Bed | $210,000 | 4.0% |
4 Bed | $257,000 | 4.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Riverside, Fort Wayne, IN
As of July '25, Rentcast reports the average rent in Riverside, Fort Wayne, IN is $1,020, with a year-over-year rent change of 6.5%. Per bedroom, the median rent as of July '25 in Riverside, Fort Wayne, IN is 2-bedrooms: $799, 3-bedrooms: $1,030. The most common rental property sizes in Riverside, Fort Wayne, IN are 2-bedroom and 3-bedroom, accounting for 60.2% and 20.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,020 | $1,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $799 | $799 |
| 3 Bed Rent | $1,020 | $1,030 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Riverside, Fort Wayne, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Riverside, Fort Wayne, IN is 40. This is a increase of 18.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $268,000 | 19.0% |
Listing Count | 14 | 0.0% |
| Listings as % of Homes | 0.1% | 0.0% |
Days on Market | 40 | 18.0% |
Demographics — Riverside, Fort Wayne, IN
As of the latest ACS Survey released in 2023, Riverside, Fort Wayne, IN has a population of 9,320, which has decreased by -2.7% over the past 5 years. Riverside, Fort Wayne, IN is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,320 | -2.7% |
% Under 18 | 21.7% | -0.5% |
% Seniors | 22.4% | 23.8% |
% WFH | 7.5% | 44.2% |
% w/ College Degree | 22.7% | 3.2% |
As of the latest ACS Survey released in 2023, Riverside, Fort Wayne, IN is a predominantly white area, with 71.2% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Riverside, Fort Wayne, IN is black, making up 14.3% of the population. Foreign-born residents account for 4.3% of the population in Riverside, Fort Wayne, IN, and this percentage has decreased by 44.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.2% | -3.9% |
% Black | 14.3% | 18.2% |
% Hispanic | 8.4% | -15.2% |
% Asian | 2.2% | 10.0% |
% Foreign Born | 4.3% | -44.2% |
Mortgage and Risk — Riverside, Fort Wayne, IN
According to HUD data as of 2023, there were 165 mortgage originations in Riverside, Fort Wayne, IN, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Riverside, Fort Wayne, IN. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 165 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Riverside, Fort Wayne, IN
Riverside, Fort Wayne, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 57 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | $391 | $799 | $1,190 |
| 3 Bedroom | $480 | $1,020 | $1,500 |
| 4 Bedroom | N/A | N/A | $1,620 |
Affordability — Riverside, Fort Wayne, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $216,000 |
| Median Household Income | $66,600 |