Why Live in Warsaw
Warsaw, Indiana, known as the “Orthopedic Capital of the World,” is a small city with a population of around 16,000. The orthopedic industry, led by companies like DePuy Synthes, has driven the city's growth and attracts many professionals to the area. Housing options in Warsaw include a balanced mix of older homes and new constructions, with more modern neighborhoods on the city's outskirts. The median home price is $260,000, aligning with the state median. Warsaw Community Schools are highly rated, and the city offers several local universities, including Ivy Tech and Indiana Tech campuses, and Grace College. Recreational activities are abundant, with three lakes within the city and Winona Lake nearby, offering swimming, fishing, and waterside rentals. The city also features miles of greenways and bike trails, and indoor attractions like the Wagon Wheel Center for the Arts and the City-County Athletic Complex. Warsaw hosts numerous outdoor events, including the Fat & Skinny Tire Fest and lakeshore concerts. Downtown Warsaw is revitalizing with chic new condos and local boutiques, while Winona Lake offers upscale shopping and dining. U.S. Route 30 provides access to Fort Wayne, Chicago, and South Bend, each with their own airports. Crime rates in Warsaw are on par with state averages, with a noted decrease since 2020.
Home Trends in Warsaw, IN
On average, homes in Warsaw, IN sell after 41 days on the market compared to the national average of 70 days. The median sale price for homes in Warsaw, IN over the last 12 months is $295,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$295,000
Median Single Family Sale Price
$317,500
Median 2 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$157
Number of Homes for Sale
6
Last 12 months Home Sales
115
Median List Price
$300,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%