The U.S. housing market has slowed down a lot since the busy pandemic years, when record-low mortgage rates encouraged people to buy and sell homes. Today, higher home prices, higher mortgage rates, and economic uncertainty have caused many buyers and sellers to wait, keeping home sales near their lowest levels in decades.
Even so, not every housing market is moving at the same pace. Many affordable cities have continued to attract buyers, while more expensive markets have cooled. So, what does that mean for Fort Wayne?
Redfin Real Estate analyzed the latest housing data for May 2026 to see how active the local market is. The data includes home sales, pending sales, inventory levels, and how quickly homes are selling.
Home sales are up from last year
Fort Wayne had 560 homes sell in May, an 8.0% increase compared with the same time last year. This shows that buyers are still active despite higher borrowing costs.
Pending sales, which measure homes under contract, totaled 640, down just 0.8% year over year. That small decline suggests buyer demand has remained fairly steady.
Homes are still selling quickly
The typical home in Fort Wayne spent 19 days on the market, which is 3 days longer than last year. While homes are taking a little more time to sell, they are still moving much faster than the national average of 49 days.
Inventory remains limited
There were 1,536 active listings in May, down 6.5% from a year ago. Fewer homes for sale continue to limit options for buyers and help support home prices.
Some buyers are still paying above asking price
About 27.5% of homes sold for more than their original list price, slightly higher than a year ago. At the same time, 35.1% of listings stayed on the market for more than 60 days, showing that well-priced homes are selling quickly while others take longer.
How Fort Wayne compares with the U.S.
Compared with the national housing market, Fort Wayne remains more competitive. Home sales in the city increased faster than the U.S. average, homes are selling in less than half the time, and a larger share of properties are selling above asking price. Nationally, inventory has grown slightly and more than half of all listings remain unsold after 60 days, while Fort Wayne continues to have fewer homes on the market and a lower share of lingering listings.
Overall, Fort Wayne’s housing market remains active in 2026. Buyers have more time than they did during the pandemic boom, but demand is still strong enough for many homes to sell quickly, especially those that are priced well.
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