Why Live in Fairfield Terrace/Belmont
Fairfield Terrace/Belmont in Fort Wayne is a neighborhood characterized by homes built primarily between the 1950s and 1970s, with some properties dating back to the 1920s and others as recent as the 1990s. The area features quaint ranch-style homes and Cape Cods, typically with two to three bedrooms and one to two bathrooms, set on lots framed by mature deciduous trees. Streets are well-lit, and walkways connect homes to sidewalks buffered by grassy borders. Kettler Park, located on the southwest corner, offers a playground, basketball, tennis, and pickleball courts, as well as picnic areas. The nearby Rivergreenway provides a 26-mile paved path for cyclists, runners, and hikers, winding around the Foster Park Golf Course. Residents have convenient access to Southgate Plaza for groceries and essentials, with options like Kroger and Dollar Tree, as well as local eateries such as Coney Express and Dunbar’s BBQ. The Fairfield Terrace/Belmont Neighborhood Association hosts regular community meetings and an annual party at Kettler Park. Public transportation is available via Citilink bus stops on major streets, and Fort Wayne International Airport is about 5 miles away. The neighborhood is served by Fort Wayne Community Schools, which have average ratings.
Frequently Asked Questions
Is Fairfield Terrace/Belmont a good place to live?
Fairfield Terrace/Belmont is a good place to live. Fairfield Terrace/Belmont is considered somewhat walkable and somewhat bikeable with some transit options. Fairfield Terrace/Belmont is a suburban neighborhood. Fairfield Terrace/Belmont has 8 parks for recreational activities. It is somewhat dense in population with 8.7 people per acre and a median age of 34. The average household income is $74,362 which is below the national average. College graduates make up 12.9% of residents. A majority of residents in Fairfield Terrace/Belmont are home owners, with 44.1% of residents renting and 55.9% of residents owning their home. A
local real estate agent serving Fairfield Terrace/Belmont can help you decide if this neighborhood is the right one for you. Learn more on our
Fairfield Terrace/Belmont neighborhood guide.
How much do you need to make to afford a house in Fairfield Terrace/Belmont?
The median home price in Fairfield Terrace/Belmont is $131,000. If you put a 20% down payment of $26,200 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $670 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $29K a year to afford the median home price in Fairfield Terrace/Belmont. The average household income in Fairfield Terrace/Belmont is $74K.
What are the best public schools in Fairfield Terrace/Belmont?
The best public schools that serve Fairfield Terrace/Belmont are:
What are the best private schools in Fairfield Terrace/Belmont?
The best private schools that serve Fairfield Terrace/Belmont are:
What are the most popular zip codes in Fairfield Terrace/Belmont, Fort Wayne, IN?
What are the most popular neighborhoods near Fairfield Terrace/Belmont, Fort Wayne, IN?
Home Trends in Fairfield Terrace/Belmont, IN
On average, homes in Fairfield Terrace/Belmont, Fort Wayne sell after 26 days on the market compared to the national average of 52 days. The median sale price for homes in Fairfield Terrace/Belmont, Fort Wayne over the last 12 months is $119,500, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$119,500
Median Single Family Sale Price
$122,000
Average Price Per Sq Ft
$123
Number of Homes for Sale
6
Last 12 months Home Sales
18
Median List Price
$131,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
3%