Inventory in Greater McMillen Park has tightened notably in the latest rolling three-month window. Active listings are down almost 28% from last year, with just 5 homes available, and new listings have slipped nearly 18% year over year. Pending sales have dropped more than 32% compared with a year ago, showing slower contract flow even as supply has thinned.
Prices are adjusting alongside that shift in activity. The typical home value over the past three months is about 8% lower than a year earlier, and the median list price is down a similar 6% year over year. Compared with the broader Fort Wayne market, where the median sale price is modestly higher than last year, Greater McMillen Park is seeing more downward pressure on pricing.
Speed and negotiation dynamics tell a more mixed story. Homes are spending a median of just 5 days on the market, and months of supply has fallen to 1.6, down roughly 45% from a year ago and matching the wider city’s tight conditions. At the same time, the share of homes selling above list has climbed to nearly 25%, and the average sale-to-list ratio sits just under 100%, suggesting sellers can still achieve prices close to asking. In this nuanced environment, both buyers and sellers can benefit from Agent Pronto’s help connecting with a knowledgeable local agent who understands these trends.
