Frances Slocum’s rolling three-month data through May 2026 shows mixed year-over-year shifts. Typical home values are up around 6% from a year ago, yet the number of homes sold is down by about 31% and new listings are down roughly 24%. Inventory has loosened compared with last year, with months of supply more than doubling even as active listings are still lower than a year ago.
Looking at the latest period, typical home values sit near $188,000, with a median list price around $165,000. Homes are taking longer to sell than they did last year, with the median days on market rising to about four weeks, and only about 12% of recent sales closing above the asking price as the average sale-to-list ratio hovers just under 96%. This contrasts with the broader Fort Wayne market, where prices are higher overall and inventory is leaner at about 1.6 months of supply.
Momentum has also shifted when compared with earlier periods in the historical series. Sales volumes and new listings have both trended down from the stronger activity seen in 2023 and mid-2025, while supply and time on market have edged upward, signaling a bit more breathing room for buyers. Even so, the area still leans toward sellers, with only 2.4 months of supply and many homes going off market within two weeks. Both buyers and sellers in Frances Slocum can benefit from Agent Pronto’s help in finding a local agent who understands these evolving conditions.
