Market Overview
Home Prices in Woodburn, IN
The median home value in Woodburn, IN is $291,213 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Woodburn are priced29% below average. Woodburn is part of the Fort Wayne, IN metro area.
Over the past five years, Woodburn home values have risen by approximately38.1%, reflecting strong long-term appreciation in this market.
Price History
Woodburn Home Price Trend
City Comparison
Woodburn vs. National Median
At $291,213, homes in Woodburn cost 29% below the national median of $410,000. This makes Woodburn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Woodburn?
20% Down Payment
$58,243
on $291,213
Monthly P&I
$1,519/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,929/mo
incl. taxes & insurance
Income Needed
$77,160
gross annual (30% rule)
10% Down Option
$29,121
+ PMI applies
Loan Amount (20% dn)
$232,970
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Woodburn, IN?
The median home value in Woodburn is $291,213 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Woodburn?
Over the past year, home values in Woodburn have increased by 5.5%. Over five years, prices have risen approximately 38.1%.
How much do I need to earn to buy a home in Woodburn?
To comfortably afford the median home price of $291,213 with a 20% down payment ($58,243) at today's rates (6.8%), you'd need a gross annual income of approximately $77,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Woodburn compare to the national average home price?
The national median home value is approximately $410,000. At $291,213, homes in Woodburn are 29% below the national average.
What metro area is Woodburn part of?
Woodburn is part of the Fort Wayne, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.