Fairborn, Fort Wayne, IN—46806
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairborn, Fort Wayne, IN
As of Oct '25, the median home price in Fairborn, Fort Wayne, IN is $110,000, with a year-over-year change of 0.1%. This indicates that home prices in Fairborn, Fort Wayne, IN are flat. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $110,000 | 0.1% |
| Single Family | $110,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $88,000 | -1.1% |
3 Bed | $116,000 | 0.0% |
4 Bed | $167,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairborn, Fort Wayne, IN
As of July '25, Rentcast reports the average rent in Fairborn, Fort Wayne, IN is $983, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Fairborn, Fort Wayne, IN is 1-bedrooms: $760, 2-bedrooms: $904, 3-bedrooms: $1,000, 4-bedrooms: $1,010. The most common rental property sizes in Fairborn, Fort Wayne, IN are 3-bedroom and 2-bedroom, accounting for 52.9% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $905 | $983 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $760 |
| 2 Bed Rent | $850 | $904 |
| 3 Bed Rent | $925 | $1,000 |
| 4 Bed Rent | $995 | $1,010 |
% of Rental Stock
Property Listings — Fairborn, Fort Wayne, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairborn, Fort Wayne, IN is 47. This is a increase of 6.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $140,000 | 12.0% |
Listing Count | 87 | 49.0% |
| Listings as % of Homes | 0.3% | 49.0% |
Days on Market | 47 | 6.0% |
Demographics — Fairborn, Fort Wayne, IN
As of the latest ACS Survey released in 2023, Fairborn, Fort Wayne, IN has a population of 26,100, which has remained stable by 0.0% over the past 5 years. Fairborn, Fort Wayne, IN is a popular place for families, as children make up 30.7% of the population. The area has a poorly educated workforce, with 8.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,100 | 0.0% |
% Under 18 | 30.7% | -9.4% |
% Seniors | 9.7% | 9.0% |
% WFH | 6.2% | 87.9% |
% w/ College Degree | 8.7% | 8.7% |
As of the latest ACS Survey released in 2023, Fairborn, Fort Wayne, IN is a predominantly black area, with 37.3% of the population identifying as black. The black population has shrunk by 15.2% in the last 5 years. The second most common race or ethnicity in Fairborn, Fort Wayne, IN is hispanic, making up 26.4% of the population. Foreign-born residents account for 19.4% of the population in Fairborn, Fort Wayne, IN, and this percentage has increased by 38.6% 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 | 21.3% | -9.0% |
% Black | 37.3% | -15.2% |
% Hispanic | 26.4% | 12.8% |
% Asian | 11.7% | 134.0% |
% Foreign Born | 19.4% | 38.6% |
Mortgage and Risk — Fairborn, Fort Wayne, IN
According to HUD data as of 2023, there were 320 mortgage originations in Fairborn, Fort Wayne, IN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Fairborn, Fort Wayne, IN. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 320 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Fairborn, Fort Wayne, IN
As of 2024, the percent of homes in Fairborn, Fort Wayne, IN under the Section 8 program is 17.5%. 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 Fairborn, 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 | 995 |
Total Units Section 8 | 968 |
% Rentals under Section 8 | 17.5% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $700 | $850 |
| 2 Bedroom | $180 | $850 | $1,030 |
| 3 Bedroom | $375 | $925 | $1,300 |
| 4 Bedroom | $405 | $995 | $1,400 |
Affordability — Fairborn, Fort Wayne, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $110,000 |
| Median Household Income | $44,600 |