Neighborhood Profile

Sherwood to Pettit

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
54.4
National rank: #5,981 of 14,967
Stability and Strength
44.8
Score
Value Opportunity
49.8
Score
Momentum
76.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#5,981 of 14,967
State rank#360 of 656
City rank#212 of 302
County rank#212 of 302
National percentile60.0
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$185,869
Year-over-year home value change2.6%
Month-over-month home value change0.75%
Home value to income ratio3.44
Median household income$54,076
Bachelor's degree or higher25.7%
Civilian unemployment rate17.0%
Homeownership rate95.9%
Housing vacancy rate3.5%
Rent burden 30% or higher0.0%

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 Sherwood to Pettit

What is the Best Neighborhoods USA ranking for Sherwood to Pettit?

Sherwood to Pettit is ranked #212 of 302 eligible neighborhoods in Fort Wayne; #360 of 656 eligible neighborhoods in IN; and #5,981 of 14,967 eligible neighborhoods in the United States.

Is Sherwood to Pettit one of the best neighborhoods in Fort Wayne?

Sherwood to Pettit has a Best Neighborhoods USA Index of 54.4 and a city ranking of #212 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Sherwood to Pettit?

The current Zillow Home Value Index for Sherwood to Pettit is approximately $185,869.

Are home values rising or falling in Sherwood to Pettit?

Zillow neighborhood values changed 2.6% year over year and 0.75% month over month.

What is the Neighborhood Momentum Score for Sherwood to Pettit?

Sherwood to Pettit has a Neighborhood Momentum Score of 76.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Sherwood to Pettit?

The NDS-derived neighborhood median household income is approximately $54,076.

How affordable is Sherwood to Pettit relative to household income?

The current Zillow home-value-to-household-income ratio is 3.44. Price-to-income affordability is a major Value Opportunity input.

Is Sherwood to Pettit primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 95.9%.

What is the unemployment rate in Sherwood to Pettit?

The NDS-derived civilian unemployment rate is approximately 17.0%.

How educated are residents of Sherwood to Pettit?

Approximately 25.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Sherwood to Pettit face high rent burden?

Approximately 0.0% 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 Sherwood to Pettit?

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

FULL_OR_NEAR_FULL

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 applications16
Estimated originations10
Home-purchase applications8
Origination rate63.6%
Home-purchase share49.0%
Average application loan$138,409
Total application loan amount$2,243,683
National application rank#11,259 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.2% YoY; originations 11.3% 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.