How much house does $500,000 buy you in Fort Wayne?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Fort Wayne?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Fort Wayne right now. Listings below $500,000 were included if necessary.
15417 Timber Hollow Trl, Fort Wayne, IN 46845
- Price: $479,750
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,532
- See 15417 Timber Hollow Trl, Fort Wayne, IN 46845 on Redfin.com
1669 E Brookside Trl, Columbia City, IN 46725
- Price: $499,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,491
- See 1669 E Brookside Trl, Columbia City, IN 46725 on Redfin.com
11626 Indigo Dr, Fort Wayne, IN 46814
- Price: $475,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 4,829
- See 11626 Indigo Dr, Fort Wayne, IN 46814 on Redfin.com
5916 Chase Creek Ct, Fort Wayne, IN 46804
- Price: $495,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,823
- See 5916 Chase Creek Ct, Fort Wayne, IN 46804 on Redfin.com
8230 Waterscape Dr, Fort Wayne, IN 46804
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,728
- See 8230 Waterscape Dr, Fort Wayne, IN 46804 on Redfin.com
2210 Tuscon Trl, Fort Wayne, IN 46814
- Price: $490,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,642
- See 2210 Tuscon Trl, Fort Wayne, IN 46814 on Redfin.com
12610 Tocchi Cv, Fort Wayne, IN 46845
- Price: $485,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,310
- See 12610 Tocchi Cv, Fort Wayne, IN 46845 on Redfin.com
13079 Silk Tree Trl, Fort Wayne, IN 46814
- Price: $475,999
- 4 bedrooms, 3.5 bathrooms
- Square feet: 1,933
- See 13079 Silk Tree Trl, Fort Wayne, IN 46814 on Redfin.com
11322 Miramar Cv, Roanoke, IN 46783
- Price: $499,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,721
- See 11322 Miramar Cv, Roanoke, IN 46783 on Redfin.com
1106 Woodland Xing, Fort Wayne, IN 46825
- Price: $499,999
- 4 bedrooms, 3 bathrooms
- Square feet: 3,620
- See 1106 Woodland Xing, Fort Wayne, IN 46825 on Redfin.com
5937 Liam Ln, Fort Wayne, IN 46818
- Price: $494,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,480
- See 5937 Liam Ln, Fort Wayne, IN 46818 on Redfin.com
10805 Johnson Rd, Fort Wayne, IN 46818
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,765
- See 10805 Johnson Rd, Fort Wayne, IN 46818 on Redfin.com
1289 Bunting Dr, Fort Wayne, IN 46825
- Price: $490,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,754
- See 1289 Bunting Dr, Fort Wayne, IN 46825 on Redfin.com
12616 Memory Ln, Fort Wayne, IN 46818
- Price: $491,902
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,546
- See 12616 Memory Ln, Fort Wayne, IN 46818 on Redfin.com
1478 Pyke Grove Pass, Huntertown, IN 46748
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,294
- See 1478 Pyke Grove Pass, Huntertown, IN 46748 on Redfin.com
2545 N Etna Rd, Columbia City, IN 46725
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,900
- See 2545 N Etna Rd, Columbia City, IN 46725 on Redfin.com
5818 Chase Creek Ct, Fort Wayne, IN 46804
- Price: $489,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,507
- See 5818 Chase Creek Ct, Fort Wayne, IN 46804 on Redfin.com
704 Oaktree Ct, Fort Wayne, IN 46845
- Price: $479,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 4,122
- See 704 Oaktree Ct, Fort Wayne, IN 46845 on Redfin.com
8018 Inverness Lakes Trl, Fort Wayne, IN 46804
- Price: $487,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,769
- See 8018 Inverness Lakes Trl, Fort Wayne, IN 46804 on Redfin.com
611 Big Valley Ct, Huntertown, IN 46748
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,712
- See 611 Big Valley Ct, Huntertown, IN 46748 on Redfin.com
11427 Red Fern Pl, Fort Wayne, IN 46845
- Price: $474,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,605
- See 11427 Red Fern Pl, Fort Wayne, IN 46845 on Redfin.com
5690 Gadwall Pass, Fort Wayne, IN 46818
- Price: $489,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,580
- See 5690 Gadwall Pass, Fort Wayne, IN 46818 on Redfin.com
15293 Leo Creek Blvd, Leo, IN 46765
- Price: $479,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,357
- See 15293 Leo Creek Blvd, Leo, IN 46765 on Redfin.com
1634 White Fawn Dr, New Haven, IN 46774
- Price: $489,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,340
- See 1634 White Fawn Dr, New Haven, IN 46774 on Redfin.com
9175 Landin Pointe Blvd, New Haven, IN 46774
- Price: $496,400
- 3 bedrooms, 2 bathrooms
- Square feet: 2,105
- See 9175 Landin Pointe Blvd, New Haven, IN 46774 on Redfin.com
5236 Carroll Creek Run, Fort Wayne, IN 46818
- Price: $489,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,092
- See 5236 Carroll Creek Run, Fort Wayne, IN 46818 on Redfin.com
17810 Tullymore Ln, Leo, IN 46765
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,959
- See 17810 Tullymore Ln, Leo, IN 46765 on Redfin.com
8768 Grand Forest Dr, New Haven, IN 46774
- Price: $489,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,855
- See 8768 Grand Forest Dr, New Haven, IN 46774 on Redfin.com
1523 Mclaren Blvd, Fort Wayne, IN 46818
- Price: $494,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,848
- See 1523 Mclaren Blvd, Fort Wayne, IN 46818 on Redfin.com
2818 1/2 Reed Rd, Fort Wayne, IN 46815
- Price: $499,000
- 2 bedrooms, 1 bathroom
- Square feet: 1,050
- See 2818 1/2 Reed Rd, Fort Wayne, IN 46815 on Redfin.com
