Granger, Fort Wayne, IN—46835
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Granger, Fort Wayne, IN
As of Oct '25, the median home price in Granger, Fort Wayne, IN is $253,000, with a year-over-year change of 1.9%. This indicates that home prices in Granger, 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 | $253,000 | 1.9% |
| Single Family | $254,000 | 2.0% |
| Condos | $197,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $198,000 | 1.5% |
3 Bed | $238,000 | 1.7% |
4 Bed | $302,000 | 2.7% |
| 5 Bed | $390,000 | 2.6% |
% of Housing Stock
Rental Trends — Granger, Fort Wayne, IN
As of July '25, Rentcast reports the average rent in Granger, Fort Wayne, IN is $1,590, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Granger, Fort Wayne, IN is 1-bedrooms: $813, 2-bedrooms: $1,530, 3-bedrooms: $1,780, 4-bedrooms: $1,900. The most common rental property sizes in Granger, Fort Wayne, IN are 2-bedroom and 1-bedroom, accounting for 48.7% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $575 | $813 |
| 2 Bed Rent | $1,400 | $1,530 |
| 3 Bed Rent | $1,700 | $1,780 |
| 4 Bed Rent | $1,800 | $1,900 |
% of Rental Stock
Property Listings — Granger, Fort Wayne, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Granger, Fort Wayne, IN is 42. This is a increase of 8.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 5.0% |
Listing Count | 127 | 36.0% |
| Listings as % of Homes | 0.2% | 36.0% |
Days on Market | 42 | 8.0% |
Demographics — Granger, Fort Wayne, IN
As of the latest ACS Survey released in 2023, Granger, Fort Wayne, IN has a population of 37,600, which has increased by 8.2% over the past 5 years. Granger, Fort Wayne, IN is a moderately popular place for families, as children make up 24.7% of the population. The area has a moderately educated workforce, with 36.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,600 | 8.2% |
% Under 18 | 24.7% | 6.5% |
% Seniors | 17.9% | 20.1% |
% WFH | 9.6% | 95.9% |
% w/ College Degree | 36.7% | 5.8% |
As of the latest ACS Survey released in 2023, Granger, Fort Wayne, IN is a predominantly white area, with 77.4% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Granger, Fort Wayne, IN is hispanic, making up 7.7% of the population. Foreign-born residents account for 6.3% of the population in Granger, Fort Wayne, IN, and this percentage has increased by 34.0% 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 | 77.4% | -6.2% |
% Black | 5.8% | 1.8% |
% Hispanic | 7.7% | 83.3% |
% Asian | 3.4% | 0.0% |
% Foreign Born | 6.3% | 34.0% |
Mortgage and Risk — Granger, Fort Wayne, IN
According to HUD data as of 2023, there were 959 mortgage originations in Granger, Fort Wayne, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Granger, 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 | 959 |
% 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 — Granger, Fort Wayne, IN
As of 2024, the percent of homes in Granger, Fort Wayne, IN under the Section 8 program is 2.0%. 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 units appear to be good home sizes to consider for Section 8 housing in Granger, Fort Wayne, IN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 89 |
Total Units Section 8 | 89 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $505 | $575 | $1,080 |
| 2 Bedroom | -$90 | $1,400 | $1,310 |
| 3 Bedroom | -$50 | $1,700 | $1,650 |
| 4 Bedroom | -$20 | $1,800 | $1,780 |
Affordability — Granger, Fort Wayne, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $253,000 |
| Median Household Income | $75,600 |