Neighborhood Profile

Villas of Creekwood

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
69.7
National rank: #1,400 of 14,967
Stability and Strength
66.3
Score
Value Opportunity
62.1
Score
Momentum
85.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#1,400 of 14,967
State rank#113 of 656
City rank#83 of 302
County rank#83 of 302
National percentile90.7
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$245,900
Year-over-year home value change5.6%
Month-over-month home value change0.38%
Home value to income ratio3.97
Median household income$61,864
Bachelor's degree or higher31.4%
Civilian unemployment rate0.5%
Homeownership rate95.3%
Housing vacancy rate3.4%
Rent burden 30% or higher0.2%

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 Villas of Creekwood

What is the Best Neighborhoods USA ranking for Villas of Creekwood?

Villas of Creekwood is ranked #83 of 302 eligible neighborhoods in Fort Wayne; #113 of 656 eligible neighborhoods in IN; and #1,400 of 14,967 eligible neighborhoods in the United States.

Is Villas of Creekwood one of the best neighborhoods in Fort Wayne?

Villas of Creekwood has a Best Neighborhoods USA Index of 69.7 and a city ranking of #83 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Villas of Creekwood?

The current Zillow Home Value Index for Villas of Creekwood is approximately $245,900.

Are home values rising or falling in Villas of Creekwood?

Zillow neighborhood values changed 5.6% year over year and 0.38% month over month.

What is the Neighborhood Momentum Score for Villas of Creekwood?

Villas of Creekwood has a Neighborhood Momentum Score of 85.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Villas of Creekwood?

The NDS-derived neighborhood median household income is approximately $61,864.

How affordable is Villas of Creekwood relative to household income?

The current Zillow home-value-to-household-income ratio is 3.97. Price-to-income affordability is a major Value Opportunity input.

Is Villas of Creekwood primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 95.3%.

What is the unemployment rate in Villas of Creekwood?

The NDS-derived civilian unemployment rate is approximately 0.5%.

How educated are residents of Villas of Creekwood?

Approximately 31.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Villas of Creekwood face high rent burden?

Approximately 0.2% 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 Villas of Creekwood?

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 applications5
Estimated originations3
Home-purchase applications2
Origination rate64.9%
Home-purchase share45.9%
Average application loan$144,589
Total application loan amount$694,127
National application rank#13,802 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 39.6% YoY; originations 38.4% 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.