The story of this market
The typical home in ZIP 46797 sells for about $309,900, or $162 per square foot.
Prices are down 3.61% from a year ago, which gives buyers more room to negotiate. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $1,027 a month.
ZIP 46797 — Woodburn
The market in 46797 is displaying signs of stabilization following a period of appreciation. While inventory remains tight, the increase in days on market suggests a shift toward a more balanced environment for buyers. Future trajectory is closely tethered to the broader health of the Allen County manufacturing and service economies.
This ZIP is best suited for family buyers and those seeking a quiet, small-town lifestyle who are willing to commute to Fort Wayne for major employment and urban amenities.
Median prices moved down 3.6% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.2% · poverty 2.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46797, Allen County IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is considered a peaceful, small-town setting; specific regional comparative crime trends are not published at the ZCTA level.
Residents are served by the East Allen County Schools (EACS) district, with Woodlan Elementary and Woodlan Junior/Senior High School acting as the primary public institutions.
The region is situated in the Maumee Lake Plains ecoregion with a humid continental climate; it was notably impacted by an EF-3 tornado in 2016, emphasizing wind-related risk awareness.
Woodburn benefits from its location near the Fort Wayne industrial belt, with major local manufacturing presence including BFGoodrich tire production.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
As a bedroom community to Fort Wayne, most residents utilize US-24 and regional highways for the commute to the city's employment core.
The area is defined by its rural/small-town atmosphere with access to open spaces, farmland, and community-based local events.
Rental inventory is extremely limited, indicating a market dominated by long-term owner-occupancy rather than high-density rental investment.
The economy is heavily influenced by manufacturing in Allen County, specifically automotive-related suppliers, alongside a strong healthcare and education sector in neighboring Fort Wayne.
Development momentum is focused on regional infrastructure maintenance and supporting the town's small-class city status.
Parcels fall under Allen County jurisdictions; no specific MUD/PID special districts were identified.
Property insurance in this part of Indiana typically accounts for standard Midwestern climate risks, including severe thunderstorms and potential wind events.
Census ZCTA-specific figures not provided for current year.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community green space serving the town.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.