Why Live in Lake Forest
Lake Forest, located on the edge of Fort Wayne, offers a tranquil and charming environment for residents seeking a peaceful retreat from urban life. The neighborhood features a variety of home styles, such as Tudors, colonial-inspired designs and cozy ranch-style dwellings, all set against a backdrop of expansive lawns and shady trees. Family-friendly amenities include parks, playgrounds, and a network of walking trails, with many homes situated on quiet cul-de-sacs. Residents can enjoy the outdoors at nearby parks such as Franke Park and Jehl Park, which host community events and provide ample green space for recreation. Shopping options such as Kroger, Meijer, and Martin's are all nearby for groceries. Marshalls, TJ Maxx and Ross Dress for Less all offer retail shopping. Dining is plentiful near the neighborhood, including restaurants like Granite City Food & Brewery and Biaggi’s Ristorante Italiano. Lake Forest students can attend highly rated schools. Glenwood Park Elementary School and Blackhawk Middle School each receive a B-plus grade from Niche, while New Haven High School gets an A-minus. Blackhawk Christian School in the neighborhood gets an A-plus, for a private option. Cultural attractions include the Fort Wayne Philharmonic Orchestra, the Civic Theatre and the Allen County Public Library. The closest hospital, Dupont Hospital, is over 10 miles away and accessible by public transportation.
Frequently Asked Questions
Is Lake Forest a good place to live?
Lake Forest is a good place to live. Lake Forest is considered very car-dependent and somewhat bikeable with minimal transit options. Lake Forest is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Lake Forest has 4 parks for recreational activities. It is fairly sparse in population with 5.0 people per acre and a median age of 39. The average household income is $81,753 which is below the national average. College graduates make up 32.7% of residents. A majority of residents in Lake Forest are home owners, with 13.5% of residents renting and 86.5% of residents owning their home. A
local real estate agent serving Lake Forest can help you decide if this neighborhood is the right one for you. Learn more on our
Lake Forest neighborhood guide.
Is Lake Forest, IN a safe neighborhood?
Lake Forest, IN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Lake Forest?
The median home price in Lake Forest is $249,250. If you put a 20% down payment of $49,800 and had a 30-year fixed mortgage with an interest rate of 6.09%, your estimated principal and interest payment would be $1,210 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $52K a year to afford the median home price in Lake Forest. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Lake Forest is $82K.
What are the best public schools in Lake Forest?
The best public schools that serve Lake Forest are:
What are the best private schools in Lake Forest?
The best private schools that serve Lake Forest are:
What are the most popular zip codes in Lake Forest, Fort Wayne, IN?
What are the most popular neighborhoods near Lake Forest, Fort Wayne, IN?
Home Trends in Lake Forest, IN
On average, homes in Lake Forest, Fort Wayne sell after 22 days on the market compared to the national average of 53 days. The median sale price for homes in Lake Forest, Fort Wayne over the last 12 months is $240,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$240,000
Median Single Family Sale Price
$242,500
Average Price Per Sq Ft
$130
Number of Homes for Sale
1
Last 12 months Home Sales
25
Median List Price
$249,250
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%