Insiders Report Strong Optimism In Fort Wayne For January 2025
Fort Wayne Area Housing Market Update – January 2025
The Fort Wayne real estate market continued its strong momentum into the new year, showing steady growth in key areas. Here’s a breakdown of the latest market trends for January 2025 compared to January 2024:
Key Market Highlights
✅ New Listings: 604 (+6.0%)
✅ Pending Sales: 543 (-2.0%)
✅ Closed Sales: 446 (+3.0%)
✅ Median Sales Price: $240,000 (+9.0%)
Market Insights
- Inventory Growth & More Listings
- The market saw a 6% increase in new listings, bringing more homes to the market for buyers to choose from.
- Overall inventory levels remain 18% higher than last year, offering a bit more balance between supply and demand.
- Price Appreciation Continues
- The median sales price jumped 9% to $240,000, continuing the upward trend seen in recent months.
- While this is great news for sellers, buyers may feel the pressure of rising prices.
- Sales Activity
- Closed sales rose by 3%, indicating strong buyer demand despite higher prices.
- Pending sales dropped slightly by 2%, suggesting a possible seasonal slowdown or cautious buyer sentiment.
4. Speed of Sales & Market Conditions
- The months of inventory increased to 2.6 months, giving buyers slightly more options while still favoring sellers.
- Homes are moving faster, with the median days on market at just 22 days—a 16% increase from last year but still a fast-moving market.
What This Means for Buyers & Sellers
📌 For Buyers: More inventory is available, but prices continue to rise. Act quickly on homes you’re interested in and be prepared to negotiate.
📌 For Sellers: Home values are up, and demand remains strong. If you’re thinking about listing, now is still a great time to capitalize on the market.
As always, if you’re considering buying or selling a home in the Fort Wayne area, let’s connect! Staying informed on market trends is key to making the best real estate decisions.
👉 For the full report, visit: UpstarIndiana.com/pages/housing-market-stats.
Why Does RE/MAX Results Stand Out Among the Competition?
Simply put: Relationships. We pride ourselves not only in our professional service but more importantly in the personal touch we bring to our business. Has an agent/lawyer/contractor/vendor ever treated you like you were just another paycheck? The reason our clients come back time and again and refer all their friends and family to us is because they know we are part of the family.
Genuinely caring about the people we serve enables us to do things other agencies can’t. Rest assured, we will ALWAYS have your best interest at heart and work vigorously to get you the best deal possible on your home or business.
The relationships we build with our clients enable us to work 100% by referral. The reason we are able to give top notch service to our clients is because our clients refer us a constant stream of quality family and friends to assist in their real estate needs. While other agents are out making cold calls and chasing “potential” leads, we are freed up by our referral base to service our clients like no other broker can. We are never too busy for your referrals!
Want to experience the difference for yourself? Call or text me today at 260-579-1516.
“Professional Service with a Personal Touch“
We’re Here To Help
Are you or someone you know considering a home purchase? Don’t hesitate to call or text me, Michael Archbold, at 260-579-1516 and I will connect you with the best mortgage professionals in the business who can get you your score, discuss ways to improve it if necessary, and put you on the path to home ownership. Click here to read more about our Buyer Services. Click here to browse listings NOW! Looking to sell your home? Call today to set up an appointment to begin developing your customized marketing plan. Click here to read more about our Seller Services.
Hoosier Home Listings by RE/MAX Results, is a full service real estate Web site serving Northeast Indiana. We assist residential and commercial clients in locating, buying, and selling real property in the State of Indiana including but not limited to the counties of Allen, Huntington, Wells, Adams, Whitley, Wabash, Kosciusko, Noble, Dekalb, Lagrange, Steuben and cities including Fort Wayne, Decatur, Bluffton, Huntington, Warsaw, Columbia City, Butler, and Angola. RE/MAX Results is an Equal Housing Opportunity company.
Hoosier Home Listings… Insiders Report Strong Optimism In Fort Wayne For January 2025 …
… brought to you by Michael Archbold, Hoosier Home Listings, and RE/MAX Results.
The consummate professional, Michael Archbold (Associate Broker, REALTOR, ePro) brings a diversified background to the world of real estate. Born and raised in Fort Wayne, Mike graduated Wayne High School in 1992. He received bachelors degrees in Accounting in 1997 from Indiana University and Information Technology in 2005 from Indiana Wesleyan University. Mike comes to RE/MAX with more than 20 years of experience in sales and accounting. He began his career in real estate in 2000 as an investor.
