Why Live in La Rez
La Rez in Fort Wayne features a diverse array of homes built from the late 1800s through the 1990s, including Queen Anne, Craftsman, and Colonial Revival styles. Located about 2 miles from downtown, the neighborhood is characterized by narrow lots with compact front yards and spacious backyards, often bordered by tall trees. Many homes have driveways or detached garages, and while some older, larger houses have been converted into multi-family developments, most are single-family homes that may require renovations. Ivan Lebamoff Reservoir Park, situated on the south side of La Rez, offers wide green fields, refurbished basketball courts, a playground, and a paved walking trail, and becomes a popular sledding spot in winter. For indoor activities, residents can visit the Fort Wayne Museum of Art and the Allen County Public Library downtown. Local amenities include Union Street Market and George’s International Market for groceries, with a Kroger located north of downtown for full pantry restocks. Dining options feature local restaurants like Saigon Restaurant, known for its authentic Vietnamese cuisine. Commuting is convenient with downtown Fort Wayne under 2 miles away and Fort Wayne International Airport approximately 8 miles south.
Home Trends in La Rez, IN
On average, homes in La Rez, Fort Wayne sell after 25 days on the market compared to the national average of 51 days. The median sale price for homes in La Rez, Fort Wayne over the last 12 months is $122,500, up 23% from the median home sale price over the previous 12 months.
Median Sale Price
$122,500
Median Single Family Sale Price
$122,500
Median Townhouse Sale Price
$123,500
Average Price Per Sq Ft
$59
Last 12 months Home Sales
15
Median List Price
$139,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
23%