A+
44%
Med. Home Val. NAT. AVG.
14%
Rent NAT. AVG.
41%
Owner Occ. NAT. AVG.

Timber Lake-Covington Woods Housing Information

IndexTimber Lake-Covington WoodsFort WayneIndiana
Median home price$470,254$223,083$226,920
Median rent asked$1,240$1,155$1,145
Avg. people per household2.52.42.5
Owner occupied households89.4%62.6%68.7%
Renter occupied households10.6%37.4%31.3%
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Housing Quick Facts

  • The median home price in Timber Lake-Covington Woods is 44% higher than the national average.
  • The median rent asked in Timber Lake-Covington Woods is 14% lower than the national average.
  • The average number of people per household in Timber Lake-Covington Woods is 6% lower than the national average.
  • The number of owner occupied households in Timber Lake-Covington Woods is 41% higher than the national average.
  • The number of renter occupied households in Timber Lake-Covington Woods is 71% lower than the national average.

Most Affordable Places to Live in and Around Timber Lake-Covington Woods

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Huntington, IN17,520$144,18556%
      Zanesville, IN640$183,79244%
      Churubusco, IN1,970$184,72343%
      New Haven, IN16,513$201,67538%
      Hoagland, IN928$208,67036%
      Fort Wayne, IN274,188$223,08332%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Chula Vista, CA274,613$922,487182%
      St. Petersburg, FL271,787$407,23925%
      Laredo, TX268,554$251,08123%
      Jersey City, NJ268,546$722,287121%
      Irvine, CA280,132$1,548,184374%
      Fort Wayne, IN274,188$223,08332%
      Source: The Timber Lake-Covington Woods, Fort Wayne, IN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.