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 has widened Pontiac Street, added greenery, and improved pedestrian and ADA access, contributing to the area's transformation. Housing in Pontiac Place includes a collection of established homes built primarily in the 1920s and ‘30s, featuring American Foursquares with large porches and dormers, as well as smaller pre-war homes and Cape Cods. 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. The neighborhood is close to Parkview Field, home to the TinCaps minor-league baseball team, and Electric Works, a multi-use development with dining options. The recent opening of the Pontiac Street Market has addressed the area's food desert issue, providing a new grocery store and community gathering space. McMillen Park, within walking distance, offers an 18-hole golf course, playgrounds, colorful basketball courts, and a community center with indoor sports facilities and year-round programs. The neighborhood is attracting first-time homebuyers and investors due to its ongoing improvements and convenient location.
Home Trends in Pontiac Place, IN
On average, homes in Pontiac Place, Fort Wayne sell after 38 days on the market compared to the national average of 70 days. The median sale price for homes in Pontiac Place, Fort Wayne over the last 12 months is $135,000, down 46% from the median home sale price over the previous 12 months.
Median Sale Price
$135,000
Median Single Family Sale Price
$75,000
Median Townhouse Sale Price
$297,505
Median 1 Bedroom Sale Price
$580,000
Average Price Per Sq Ft
$290
Number of Homes for Sale
2
Last 12 months Home Sales
13
Median List Price
$251,328
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-46%