What is the Best Neighborhoods USA ranking for Avalon Place?
Avalon Place is ranked #222 of 302 eligible neighborhoods in Fort Wayne; #389 of 656 eligible neighborhoods in IN; and #6,620 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Avalon Place
Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
52.7
Stability and Strength
37.6
Value Opportunity
54.5
Momentum
74.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Fort Wayne, IN |
| County | Allen County |
| National rank | #6,620 of 14,967 |
| State rank | #389 of 656 |
| City rank | #222 of 302 |
| County rank | #222 of 302 |
| National percentile | 55.8 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $203,002 |
| Year-over-year home value change | 4.3% |
| Month-over-month home value change | 0.10% |
| Home value to income ratio | 3.49 |
| Median household income | $58,097 |
| Bachelor's degree or higher | 16.9% |
| Civilian unemployment rate | 6.5% |
| Homeownership rate | 73.1% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 82.3% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Avalon Place
Is Avalon Place one of the best neighborhoods in Fort Wayne?
Avalon Place has a Best Neighborhoods USA Index of 52.7 and a city ranking of #222 of 302 eligible neighborhoods in Fort Wayne.
How much are homes worth in Avalon Place?
The current Zillow Home Value Index for Avalon Place is approximately $203,002.
Are home values rising or falling in Avalon Place?
Zillow neighborhood values changed 4.3% year over year and 0.10% month over month.
What is the Neighborhood Momentum Score for Avalon Place?
Avalon Place has a Neighborhood Momentum Score of 74.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Avalon Place?
The NDS-derived neighborhood median household income is approximately $58,097.
How affordable is Avalon Place relative to household income?
The current Zillow home-value-to-household-income ratio is 3.49. Price-to-income affordability is a major Value Opportunity input.
Is Avalon Place primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 73.1%.
What is the unemployment rate in Avalon Place?
The NDS-derived civilian unemployment rate is approximately 6.5%.
How educated are residents of Avalon Place?
Approximately 16.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Avalon Place face high rent burden?
Approximately 82.3% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Avalon Place?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications21
Estimated originations13
Home-purchase applications12
Origination rate63.7%
Home-purchase share56.3%
Average application loan$170,556
Total application loan amount$3,612,952
National application rank#10,456 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 1.5% YoY; originations 19.4% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.