Northeast, Fort Wayne, IN—46825
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northeast, Fort Wayne, IN
As of Oct '25, the median home price in Northeast, Fort Wayne, IN is $248,000, with a year-over-year change of 1.8%. This indicates that home prices in Northeast, Fort Wayne, IN are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $248,000 | 1.8% |
| Single Family | $247,000 | 1.6% |
| Condos | $282,000 | 5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $225,000 | 3.2% |
3 Bed | $237,000 | 1.7% |
4 Bed | $304,000 | 1.7% |
| 5 Bed | $359,000 | 1.4% |
% of Housing Stock
Rental Trends — Northeast, Fort Wayne, IN
As of July '25, Rentcast reports the average rent in Northeast, Fort Wayne, IN is $1,410, with a year-over-year rent change of -18.0%. Per bedroom, the median rent as of July '25 in Northeast, Fort Wayne, IN is studios: $928, 1-bedrooms: $1,080, 2-bedrooms: $1,800, 3-bedrooms: $1,490, 4-bedrooms: $1,950. The most common rental property sizes in Northeast, Fort Wayne, IN are 2-bedroom and 1-bedroom, accounting for 41.9% and 36.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,410 |
| Studio Rent | $895 | $928 |
| 1 Bed Rent | $1,070 | $1,080 |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $1,500 | $1,490 |
| 4 Bed Rent | $1,800 | $1,950 |
% of Rental Stock
Property Listings — Northeast, Fort Wayne, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Northeast, Fort Wayne, IN is 39. 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 8.0% |
Listing Count | 87 | 14.0% |
| Listings as % of Homes | 0.1% | 14.0% |
Days on Market | 39 | 18.0% |
Demographics — Northeast, Fort Wayne, IN
As of the latest ACS Survey released in 2023, Northeast, Fort Wayne, IN has a population of 29,100, which has remained stable by -0.9% over the past 5 years. Northeast, Fort Wayne, IN is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 34.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,100 | -0.9% |
% Under 18 | 20.3% | -1.5% |
% Seniors | 17.9% | 9.8% |
% WFH | 8.1% | 97.6% |
% w/ College Degree | 34.0% | 4.6% |
As of the latest ACS Survey released in 2023, Northeast, Fort Wayne, IN is a predominantly white area, with 71.1% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Northeast, Fort Wayne, IN is black, making up 9.7% of the population. Foreign-born residents account for 11.9% of the population in Northeast, Fort Wayne, IN, and this percentage has increased by 6.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.1% | -10.7% |
% Black | 9.7% | 47.0% |
% Hispanic | 6.0% | 9.1% |
% Asian | 9.7% | 64.4% |
% Foreign Born | 11.9% | 6.2% |
Mortgage and Risk — Northeast, Fort Wayne, IN
According to HUD data as of 2023, there were 620 mortgage originations in Northeast, Fort Wayne, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Northeast, Fort Wayne, IN. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 620 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Northeast, Fort Wayne, IN
As of 2024, the percent of homes in Northeast, Fort Wayne, IN under the Section 8 program is 10.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Northeast, Fort Wayne, IN, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 630 |
Total Units Section 8 | 546 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 91.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,070 | $1,080 |
| 2 Bedroom | -$490 | $1,800 | $1,310 |
| 3 Bedroom | $150 | $1,500 | $1,650 |
| 4 Bedroom | -$20 | $1,800 | $1,780 |
Affordability — Northeast, Fort Wayne, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $248,000 |
| Median Household Income | $68,900 |