The story of this market
The typical home in Wells County, Indiana sells for about $313,000, or $145 per square foot.
Prices are up +65.6% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. Over the long run, values in this county have grown 138% since 2000. Last year 5 of 7 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is strong wind, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,102 a month.
HUD sets the fair market rent for a 2-bedroom at $1,102 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+3.6%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+14.7%). Worst: 2010 (-1.4%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.7%
IN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,342
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.6%
2025 change
FHFA repeat-sales index, median of 7 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
41
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $9,624,567.
Mortgage activity
Home lending in this county
83.7%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1340 | 826 | 83.7% | 4% | $145,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Wells County, Indiana
Wells County's housing market is experiencing significant price appreciation, driven by low inventory and steady demand. While prices have risen sharply, the market remains more affordable than national averages, attracting buyers looking for value within the Fort Wayne orbit.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 25.2% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 6 cities · 12 ZIP reports
Median prices moved up 0.3% year over year.
Homes spend a median of 44 days on market with 0.5 months of supply — a fast-moving market.
3% of listings have cut prices · homes sell at 14.39% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 7.2% — a stable, low-distress profile.
Deterministic aggregate of 10 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Wells County, Indiana — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 20
researched Sep 20
researched Sep 20
researched Sep 22
researched Sep 20
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 30
| 46714 | Bluffton | $223,000 | $136 | -1.6% | 19 | 98.5% | 1.8% | 1.4 | 53 | $759 | researched Sep 20 |
| 46766 | Liberty Center | $229,985 | $135 | +3.4% | 42 | 98.5% | 15% | 3.2 | 12 | $891 | researched Sep 20 |
| 46770 | Markle | $313,450 | $145 | -0.6% | 43 | 98.5% | 22% | 3.5 | 1,600 | $777 | researched Sep 20 |
| 46777 | Ossian | $270,309 | $155 | +8.4% | 42 | 98.5% | 12% | 3.2 | 38 | $911 | researched Sep 22 |
| 46778 | Petroleum | $243,739 | $135 | +3.2% | 48 | 98.2% | 18% | 3.5 | 12 | $1,150 | researched Sep 20 |
| 46781 | Poneto | $313,450 | $168 | -0.6% | 43 | — | — | — | 1,600 | $496 | researched Sep 22 |
| 46791 | Uniondale | $217,900 | $102 | 0% | 62 | — | — | — | 1,936 | $970 | researched Sep 22 |
| 46792 | Warren | $146,900 | $85 | +2.1% | 57 | 97.5% | 12% | 5.6 | 45 | $941 | researched Sep 22 |
| 46798 | Yoder | $225,000 | $140 | +2.2% | 18 | — | — | — | 1,806 | $1,329 | researched Sep 22 |
| 46799 | Zanesville | $213,000 | $118 | +2.7% | 57 | 98.5% | 15% | 3.2 | 12 | $954 | researched Sep 30 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Wells County remain low relative to the broader Fort Wayne metropolitan area, with property and violent crime trends generally stable.
The county is served by several local school corporations, including Bluffton-Harrison and Northern Wells, which generally maintain competitive academic performance ratings within the state.
The county faces standard Midwestern climate risks, primarily seasonal severe thunderstorms and occasional flooding in low-lying areas near the Wabash River.
Economic momentum is driven by a mix of manufacturing, agriculture, and healthcare, with ongoing efforts to expand local infrastructure to support small-business growth.
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.
The economy is anchored by manufacturing, healthcare, and agricultural sectors, with a stable labor force and moderate GDP growth.
The county is served by major state highways including SR 1, SR 116, and SR 124, providing connectivity to the Fort Wayne metro area.
The Wells County Assessor manages property assessments based on annual market value adjustments in accordance with Indiana Department of Local Government Finance standards.
The county is served by various local school corporations and regional utility districts providing water and sewage services.
Property insurance premiums are generally stable, though coverage for wind and hail damage remains a standard consideration for homeowners.
- Pine Lake Waterpark4.712.4 mi
- Sky Zone Trampoline Park4.323.1 mi
- Marion Splash House4.329.7 mi
- The Plex South4.118.7 mi
- Kids Empire Fort Wayne4.720.3 mi
- Allen County War Memorial Coliseum4.523.6 mi
- Crazy Pinz Entertainment Center4.226.2 mi
- Golden Corral Buffet & Grill424.2 mi
- Clyde Theatre4.719 mi
- Embassy Theatre4.820.7 mi
- Pine Lake Waterpark4.712.4 mi
- Ouabache State Park4.75.7 mi
- Fox Island County Park4.516.9 mi
- Two-EE's Winery4.614.7 mi
- Funcity Adventure Park FW419.2 mi
- Embassy Theatre4.820.7 mi
- Science Central4.321.9 mi
- Fort Wayne Museum of Art4.621.1 mi
- 122nd Fighter Wing & Heritage Park4.814.6 mi
- The History Center4.621 mi
- Ouabache State Park4.75.7 mi
- Fox Island County Park4.516.9 mi
- McMillen Park Community Center4.519.4 mi
- Eagle Marsh Nature Preserve4.718.1 mi
- Camp Timber Lake4.415.9 mi
- Pirates Cove Marina4.823.6 mi
- Brookwood Golf Club4.714.7 mi
- Orchard Ridge Country Club4.516.4 mi
- Foster Park Golf Course4.218.7 mi
- McMillen Golf Course4.419.4 mi
- Timber Ridge Golf Course4.10.5 mi
- Seven Sons Farms4.913 mi
- Rural King4.417.8 mi
- The Fresh Market4.519.5 mi
- Rural King4.413.6 mi
- Paul's Auto Yard4.619.4 mi
- Fort Wayne International Airport4.213.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Features extensive trails, a lake for fishing, and camping facilities, serving as a primary outdoor recreation hub for the county.
Preserves local history and artifacts, providing educational insights into the county's agricultural and industrial heritage.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
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.
Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments.
Indiana Code 6-1.1-4.
Indiana requires a judicial foreclosure process, meaning lenders must file a lawsuit in court to obtain a foreclosure decree.
Indiana Code 32-30-10.
applies when — Applies to the sale, exchange, or installment contract of residential real estate containing not more than four dwelling units.
Requires the seller to complete a disclosure form regarding the condition of the property, subject to specific statutory exemptions (e.g., court-ordered transfers, foreclosures).
Indiana Code 32-21-5.
applies when — Property must be the taxpayer's principal place of residence.
Removes the first $45,000 of the homestead's assessed value from taxation.
Indiana Code 6-1.1-12-37.
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.
Indiana Constitution Article X, Section 1; Indiana Code 6-1.1-20.6.
≈ $3,130/yr on a $313,000 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.