HousingHandbookReference data

U.S. ZIP Code · IN46766

Wells County · Fort Wayne, IN

Typical home value

$220,405[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.4%
5-year / yr
+7.2%
10-year / yr
+7.3%

Relative price

vs U.S.
-22.4%
vs metro
-14.8%
vs state
-4.7%
ZIP 46766 location in IN
Location of ZIP 46766 in IN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 46766 is worth $220,405 — 14.8% below the Fort Wayne, IN median. Over the past year, values have risen 5.4%. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$1,336[3]

#Climate risk

FEMA National Risk Index ratings for Wells County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Very Low

#Who lives here

Population
579[3]
Median household income
$85,570[3]

#Migration

Household moves in and out of Wells County over a year, from IRS tax-return data.

Net migration
+41[5]
Moved in
740
Moved out
699

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,114
Loan principal$176,324
Down payment$44,081
Total interest paid$224,891

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,410
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
57th percentile[1]
Rental yield
[2]
Property tax
27th percentile[3]

Frequently asked

How much is a home worth in ZIP code 46766?
The typical home in 46766 is worth $220,405, based on the Zillow Home Value Index.
Are home values rising in 46766?
Home values in 46766 are up 5.4% over the past year, and up 7.2% a year over five years.
What is the property tax rate in 46766?
The effective property tax rate in 46766 is 0.6% — roughly $1,336 a year on a typical home.
Who lives in 46766?
ZIP code 46766 has a population of 579 and a median household income of $85,570.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Fort Wayne, IN

    Typical home
    $225,442
    Gross yield
  • Bluffton, IN

    Typical home
    $226,255
    Gross yield
  • Poneto, IN

    Typical home
    $231,398
    Gross yield
  • Fort Wayne, IN

    Typical home
    $208,708
    Gross yield
  • Zanesville, IN

    Typical home
    $206,430
    Gross yield
  • South Whitley, IN

    Typical home
    $237,569
    Gross yield

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