Why Live in Pontiac Place
Pontiac Place in Fort Wayne is undergoing significant revitalization as part of the New Pontiac Streetscape initiative; a nearly $3 million city project aimed at enhancing the neighborhood's infrastructure and accessibility. The first phase of this initiative has widened Pontiac Street, added greenery, and improved pedestrian and ADA access. Its ongoing transformation is attracting first-time homebuyers and investors due to its ongoing improvements and convenient location. Housing includes a collection of American Foursquares with large porches, smaller pre-war homes and Cape Cods, mostly in the 1920s and ‘30s. The neighborhood is home to Parkview Field, where the TinCaps minor-league baseball team plays, and Electric Works, a multi-use development with dining options. The recent opening of Pontiac Street Market, a 6,500-square-foot grocery store that has addressed the area's food desert issue. The market has a sandwich counter where patrons can sit and chat. The closest retail store is Walmart Supercenter, a few miles away. McMillen Park, within walking distance, offers an 18-hole golf course, playgrounds, colorful basketball courts, and a community center with indoor sports facilities and regular events. Kids can attend Haley Elementary, Lane Middle and Snider High, known statewide for its sports teams and marching band, or Northrop High, which offers performing arts classes like choir, visual arts and dance. Public transportation is accessible via bus stops on Oxford Street, and U.S. Highway 27 is about 2 miles west, leading directly to downtown Fort Wayne, which is also 2 miles north.
Frequently Asked Questions
Is Pontiac Place a good place to live?
Pontiac Place is a good place to live. Pontiac Place is considered car-dependent and somewhat bikeable with some transit options. Pontiac Place is a suburban neighborhood. Pontiac Place has 5 parks for recreational activities. It is fairly dense in population with 14.0 people per acre and a median age of 30. The average household income is $48,566 which is below the national average. College graduates make up 6.7% of residents. A majority of residents in Pontiac Place are renters, with 56.5% of residents renting and 43.5% of residents owning their home. A
local real estate agent serving Pontiac Place can help you decide if this neighborhood is the right one for you. Learn more on our
Pontiac Place neighborhood guide.
Is Pontiac Place, IN a safe neighborhood?
Pontiac Place, IN is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Pontiac Place?
The median home price in Pontiac Place is $124,750. If you put a 20% down payment of $25,000 and had a 30-year fixed mortgage with an interest rate of 6.23%, your estimated principal and interest payment would be $610 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $26K a year to afford the median home price in Pontiac Place. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Pontiac Place is $49K.
What are the best public schools in Pontiac Place?
The best public schools that serve Pontiac Place are:
What are the most popular zip codes in Pontiac Place, Fort Wayne, IN?
What are the most popular neighborhoods near Pontiac Place, Fort Wayne, IN?
Are home prices dropping in Pontiac Place?
Yes, home prices in Pontiac Place are down 25% in the last 12 months.
Home Trends in Pontiac Place, IN
On average, homes in Pontiac Place, Fort Wayne sell after 37 days on the market compared to the national average of 53 days. The median sale price for homes in Pontiac Place, Fort Wayne over the last 12 months is $106,450, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$106,450
Median Single Family Sale Price
$108,750
Median Townhouse Sale Price
$141,000
Average Price Per Sq Ft
$61
Number of Homes for Sale
6
Last 12 months Home Sales
14
Median List Price
$124,750
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
-15%