ZIP Code Market Report
46816 — Fort Wayne, IN
Data through February 2026 · Updated monthly
Avg Home Value
$203,245
▲ 2.8% year-over-year
Month-over-Month
-0.4%
▼ 0.4%
Single Family
$201,785
Condo / Co-op
--
The average home value in the 46816 ZIP code (Fort Wayne, Indiana) is $203,245 as of February 2026. Home prices are rising, up 2.8% compared to last year.
A 3-bedroom home in 46816 is valued at $193,432.
The market in 46816 has a $132,097 spread between bottom-tier homes at $158,373 and top-tier homes at $290,469. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 46816 ZIP code will increase 0.4% over the next 12 months, bringing the projected average to approximately $204,058. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Whitley County market area in Indiana. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Whitley County report.
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Market Snapshot
46816 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $204,377 | $204,156 | $203,245 | ▼ 0.6% |
| Single Family Value | $199,894 | $200,700 | $201,785 | ▲ 0.9% |
Home Values
46816 Home Value Trend
Historical home values for ZIP code 46816. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 46816
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $163,157 |
| 3 Bedrooms | $193,432 |
| 4 Bedrooms | $232,591 |
Property Types
Home Values by Property Type in 46816
How different property types compare in this ZIP code.
All Homes
$203,245
Single Family
$201,785
Bottom Tier
$158,373
Top Tier
$290,469
Forecast
12-Month Home Value Forecast for 46816
Zillow projects home values in 46816 will increase 0.4% over the next year, reaching approximately $204,058.
Current Value
$203,245
Projected Change
+0.4%
▲ 0.4%
Projected Value
$204,058
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 46816 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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