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Granger, Fort Wayne, IN—46835

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$265,000
2.9% YoY Growth
Household Income
$75,600
23.8% YoY Growth
Days on Market
29
11.0% Longer YoY
Home Price Forecast
2.4%
Median Rent
$1,700
0.0% YoY Growth
1-Bed Rent
$575
54.9% YoY Growth
2-Bed Rent
$1,400
24.4% YoY Growth
3-Bed Rent
$1,700
2.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Granger, Fort Wayne, IN

As of May '26, the median home price in Granger, Fort Wayne, IN is $265,000, with a year-over-year change of 2.9%. This indicates that home prices in Granger, Fort Wayne, IN are increasing. 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 TypeMedian Home ValueYoY % Change
All Homes
$265,0002.9%
Single Family $267,0003.1%
Condos $203,0001.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$207,0001.0%
    3 Bed
    		$250,0002.9%
    4 Bed
    		$318,0003.2%
    5 Bed $405,0972.8%
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    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    8.2%
    2 Bedrooms
    19.3%
    3 Bedrooms
    43.8%
    4 Bedrooms
    22.8%
    5+ Bedrooms
    4.2%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,700$1,590
    Studio Rent N/AN/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
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    % of Rental Stock

    Studio
    5.6%
    1 Bedroom
    26.0%
    2 Bedrooms
    48.7%
    3 Bedrooms
    14.2%
    4 Bedrooms
    5.6%

    Property Listings — Granger, Fort Wayne, IN

    As of May '26, Realtor.com reports that the median days on market for a home in Granger, Fort Wayne, IN is 29. This is a increase of 11.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$325,000-1.0%
    Listing Count
    		11513.0%
    Listings as % of Homes0.2%13.0%
    Days on Market
    		2911.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		37,6008.2%
    % Under 18
    		24.7%6.5%
    % Seniors
    		17.9%20.1%
    % WFH
    		9.6%95.9%
    % w/ College Degree
    		36.7%5.8%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$265,000
    Median Household Income$75,600

    Granger, Fort Wayne, IN — ZIP Code Boundary Map

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    Frequently Asked Questions