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.

Cases: 701971

Reported Deaths: 13187
CountyCasesDeaths
Marion958051716
Lake51105939
Allen38867670
Hamilton34212404
St. Joseph33638539
Elkhart27021431
Vanderburgh22016393
Tippecanoe21602212
Johnson17408373
Porter17157297
Hendricks16711310
Clark12640190
Madison12287337
Vigo12139244
Monroe11336166
LaPorte10760204
Delaware10288184
Howard9606211
Kosciusko9051113
Hancock7922139
Bartholomew7839153
Warrick7671155
Floyd7533176
Wayne6871198
Grant6755168
Boone6517100
Morgan6362138
Dubois6068117
Marshall5743108
Dearborn566975
Cass5668102
Henry5558100
Noble536983
Jackson491869
Shelby476895
Lawrence4324118
Gibson426889
Harrison426070
Montgomery416286
Clinton415053
DeKalb405483
Huntington376480
Whitley374939
Miami371365
Knox364889
Steuben361357
Putnam351760
Wabash345877
Jasper344846
Adams337652
Ripley333268
Jefferson310779
White307154
Daviess288699
Wells284780
Decatur278592
Fayette276962
Greene269985
Posey268133
Scott259853
Clay252044
LaGrange250970
Randolph234380
Washington230329
Spencer227431
Jennings224447
Fountain207445
Sullivan207342
Starke201152
Owen191456
Fulton190439
Jay185529
Carroll185220
Perry179136
Orange176253
Rush170224
Vermillion165643
Franklin165135
Tipton160843
Parke143716
Blackford132631
Pike130034
Pulaski112945
Newton102834
Brown99340
Crawford96914
Benton95613
Martin82215
Warren78715
Switzerland7698
Union69510
Ohio55511
Unassigned0405

Ohio Coronavirus Cases

Data is updated nightly.

Cases: 1045945

Reported Deaths: 18917
CountyCasesDeaths
Franklin1214131352
Cuyahoga1060882061
Hamilton778281165
Montgomery49815988
Summit45000907
Lucas39675760
Butler37582568
Stark31296894
Lorain24038472
Warren23805291
Mahoning20777583
Lake19885362
Clermont19387228
Delaware17933130
Licking16066206
Fairfield15618196
Trumbull15500459
Medina14787259
Greene14593236
Clark13542288
Wood12664184
Portage12277194
Allen11281229
Richland11001198
Miami10500212
Muskingum8676127
Wayne8523209
Columbiana8515226
Pickaway8414120
Tuscarawas8347239
Marion8342135
Erie7509153
Ross6687145
Hancock6666123
Geauga6520146
Ashtabula6436164
Scioto6271100
Belmont5578158
Union555147
Lawrence5454102
Jefferson5271147
Huron5265113
Darke5256121
Sandusky5158119
Seneca5084118
Washington5056107
Athens497454
Auglaize473984
Mercer470084
Shelby454689
Knox4363108
Madison420458
Putnam419398
Ashland411586
Fulton406266
Defiance399496
Brown384855
Crawford3848100
Logan371976
Preble369298
Clinton359359
Ottawa354278
Highland345759
Williams321674
Champaign317856
Jackson306151
Guernsey305348
Perry289249
Fayette276748
Morrow274139
Henry262866
Hardin262663
Coshocton257857
Holmes252399
Van Wert238562
Gallia232946
Pike232331
Adams227152
Wyandot225553
Hocking208458
Carroll188547
Paulding168238
Meigs141138
Noble132537
Monroe128741
Morgan106423
Harrison104936
Vinton81314
Unassigned02
Fort Wayne
Mostly Cloudy
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Hi: 47° Lo: 35°
Feels Like: 33°
Angola
Cloudy
37° wxIcon
Hi: 46° Lo: 32°
Feels Like: 31°
Huntington
Cloudy
40° wxIcon
Hi: 48° Lo: 37°
Feels Like: 34°
Fort Wayne
Mostly Cloudy
41° wxIcon
Hi: 48° Lo: 37°
Feels Like: 33°
Lima
Clear
40° wxIcon
Hi: 48° Lo: 38°
Feels Like: 32°
There will be more clouds around than sunshine for most of the day and highs will top out in the upper 40s.
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