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: 31376

Reported Deaths: 1976
CountyConfirmedDeaths
Marion9132533
Lake3260167
Cass15816
Allen124065
St. Joseph115534
Hendricks111765
Hamilton109691
Johnson1080104
Elkhart99127
Madison58058
Bartholomew47433
Porter47321
Clark45338
LaPorte39921
Tippecanoe3693
Jackson3591
Delaware34933
Howard34517
Hancock31727
Shelby31221
Floyd31238
Boone28135
Morgan25824
Vanderburgh2422
Decatur22231
White2218
Montgomery22116
Clinton2081
Harrison18421
Noble18120
Grant18120
Dubois1782
Greene16723
Warrick16426
Dearborn16221
Monroe15810
Henry1566
Lawrence14222
Vigo1417
Miami1371
Putnam1317
Jennings1264
Orange12422
Scott1163
Ripley1126
Franklin1068
Carroll912
Daviess8116
Steuben792
Kosciusko781
Newton7410
Wabash722
Wayne695
Marshall641
Fayette634
LaGrange602
Jasper541
Washington521
Fulton461
Rush452
Jay430
Jefferson411
Clay391
Pulaski390
Randolph383
Whitley342
Brown331
Sullivan321
Starke313
Owen311
DeKalb281
Knox240
Benton240
Crawford230
Perry230
Huntington222
Tipton221
Wells220
Blackford201
Switzerland190
Fountain172
Posey170
Parke170
Spencer141
Gibson132
Ohio130
Adams121
Warren121
Vermillion90
Martin90
Union80
Pike60
Unassigned0152

Ohio Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 31911

Reported Deaths: 1969
CountyConfirmedDeaths
Franklin5188228
Cuyahoga3927209
Marion261721
Hamilton2403128
Lucas2107229
Pickaway204235
Mahoning1334169
Summit1220159
Butler77625
Stark68289
Lorain64158
Montgomery59315
Trumbull52542
Columbiana47850
Belmont38412
Miami34830
Warren32819
Tuscarawas3122
Portage31058
Delaware29613
Medina28819
Ashtabula27732
Wood27445
Lake26711
Geauga25629
Wayne24850
Fairfield2403
Clark2066
Licking20410
Allen18931
Mercer1843
Richland1833
Clermont1815
Erie1555
Darke15116
Madison1337
Washington11718
Morrow1041
Crawford1043
Greene935
Ottawa907
Putnam8514
Monroe7111
Hocking654
Sandusky6510
Ross632
Jefferson622
Auglaize593
Huron521
Williams511
Hancock481
Muskingum450
Union430
Clinton430
Hardin400
Shelby402
Logan370
Wyandot362
Fulton360
Fayette340
Defiance322
Preble311
Guernsey310
Lawrence280
Carroll282
Champaign261
Holmes251
Brown241
Coshocton240
Knox231
Vinton190
Perry181
Highland181
Seneca182
Ashland170
Scioto150
Henry140
Athens141
Paulding130
Jackson110
Harrison100
Adams81
Gallia71
Pike60
Meigs60
Morgan50
Noble50
Van Wert50
Unassigned00
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