Fort Wayne housing market booming

Associate broker, Sal Soto, says Fort Wayne is one of the top ten hottest cities to live and work.

Posted: Jan 7, 2018 8:27 PM
Updated: Jan 8, 2018 3:11 AM

FORT WAYNE, Ind. (WFFT)- The rapid development we've seen recently is bringing more jobs and people to the Summit City. Some people told WFFT they've waited years to get into the neighborhoods of their choice.

"We have been trying to get into this neighborhood for quite some time. It was just an opportunity we did not want to pass up," said Melissa George.

Melissa George and her family are one of several that found their dream home in Fort Wayne. George waited two years to get into the Historic Southwood Park neighborhood.

"It's going to have so many other new things that I'm excited about like the GE project and there's some other things that are already here, some of the restaurants like Trubble Brewing and things like that," George said.

Sal Soto said with the investment we've seen and growth of companies, Fort Wayne is a hot spot for home buyers.

"Our city is growing and we're really getting a lot of new home buyers and a lot of folks looking to move to Fort Wayne," Soto said.

Those buyers may have to put up a fight, though. Soto said the Georges are lucky to find a home in their budget near the southwest side.

"Southwest Allen County and Northwest Allen County are two of the really up and coming areas, and again it's related to the healthcare systems that are anchoring those parts of the city," he said.

The areas are in such high demand that companies like Lancia are building homes just outside the city.

"We're actually at the beginning of this real, big growth trend and I think with the economy where it's at, the interest rates being as low as they have been historically, and we still have at least a few more years of those low interest rates. I believe that's one of the reasons why we're having such a great market," Soto said.

So, whether you're looking for your perfect neighborhood, downsizing, or a first time buyer, now is the time. How much will a home run you in the Summit City?

"Around $130,000, plus or minus, and that's just for an average starter home in Fort Wayne," Soto said.

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 155246

Reported Deaths: 4065
CountyConfirmedDeaths
Marion25151785
Lake13570355
St. Joseph9145161
Elkhart8759135
Allen8129228
Hamilton6117113
Vanderburgh576760
Tippecanoe369515
Hendricks3268133
Monroe325738
Porter313649
Johnson3105128
Clark293961
Delaware293274
Vigo260538
Madison235093
Cass224022
LaPorte222858
Warrick192965
Kosciusko182625
Floyd179167
Howard162466
Bartholomew141558
Dubois138626
Marshall137426
Wayne126930
Henry125429
Grant125339
Boone122250
Hancock118245
Noble115933
Jackson112915
Dearborn94928
Morgan93740
Lawrence87436
Daviess87133
Gibson87111
Clinton84716
Shelby81730
LaGrange80115
Harrison76224
Knox75610
Putnam72816
Posey7146
DeKalb71011
Fayette66618
Steuben6278
Miami6095
Jasper5945
White58515
Montgomery58322
Greene53337
Scott51813
Decatur50439
Adams4837
Whitley4556
Clay4467
Ripley4418
Sullivan43714
Wells4288
Wabash4119
Starke4077
Orange40425
Huntington3905
Spencer3906
Washington3753
Franklin37225
Jennings36713
Fulton3523
Randolph3529
Jefferson3415
Pike33018
Carroll32513
Perry31014
Jay3056
Fountain2943
Tipton27523
Vermillion2411
Parke2323
Newton22511
Rush2154
Blackford2093
Owen2051
Martin1990
Crawford1581
Pulaski1521
Brown1393
Ohio1297
Benton1100
Union1100
Switzerland920
Warren781
Unassigned0234

Ohio Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 190430

Reported Deaths: 5161
CountyConfirmedDeaths
Franklin31466640
Cuyahoga19706682
Hamilton16687343
Montgomery10377189
Lucas8285373
Butler8276129
Summit6689265
Warren420064
Stark3796181
Mahoning3709286
Marion338850
Pickaway301146
Delaware287227
Lorain272889
Fairfield264457
Licking257966
Wood249681
Clark249456
Clermont245938
Greene229242
Trumbull2270134
Allen213073
Columbiana212887
Miami199958
Lake193659
Medina185642
Portage162068
Mercer152128
Wayne140269
Ross139436
Richland132324
Tuscarawas129024
Athens12052
Erie115553
Darke114451
Madison105415
Hancock104725
Auglaize100616
Putnam97427
Lawrence93025
Shelby90914
Muskingum8884
Geauga85950
Scioto8599
Belmont78827
Union7583
Ashtabula72648
Sandusky71122
Huron70912
Preble62418
Holmes61710
Seneca60114
Ottawa58430
Fulton53711
Henry47317
Jefferson4694
Clinton46413
Defiance46013
Jackson4598
Crawford4528
Fayette4498
Highland4304
Logan4233
Ashland3986
Champaign3983
Knox38416
Brown3793
Perry36611
Washington35124
Morrow3442
Hardin33613
Williams3354
Coshocton32112
Guernsey3218
Pike3000
Wyandot29513
Gallia29113
Van Wert2633
Meigs21012
Adams2096
Paulding2012
Carroll2007
Hocking1979
Monroe16118
Noble1290
Vinton963
Harrison803
Morgan780
Unassigned00
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