Is Fortville, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fortville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Fortville has remained a Seller's Market.

Key Takeaway

Fortville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fortville, IN

How much do homes in Fortville, IN cost?

Median Sold Price

$374,990

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$96,540(+34.7%)

Key Takeaway

Homes in Fortville have sold for 34.7% more than they did a year ago.

Summary: The median home sold price in Fortville was $374,990 in April 2024, up 34.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$139.9K
N/A
2 $175K$212K
+21.1%
3 $264K$300K
+13.6%
4 $354.9K$405K
+14.1%
5+ $442.8K$525K
+18.6%

Summary: Fortville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 18.6%.

Median Sold Price Compared To Nearby Cities

Fortville
+34.7%
Green Township
+19.8%
Vernon Township
+4.8%
Fall Creek Township
0.1%

Housing Supply in Fortville, IN

How many homes are available in Fortville, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4051+27.5%

Summary: The Fortville real estate market had 51 homes for sale in April 2024, a 27.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1419
+35.7%
4 1417
+21.4%
5+ 1113
+18.2%

Summary: The Fortville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
714+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fortville, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Fortville in April 2024, up by 100.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.

Days on Market for Fortville, IN

How long does it take to sell a home in Fortville, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days29 Days-41.5%

Summary: Homes in Fortville had an average of 29 days on market in Apr 2024, down by 41.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fortville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 14 homes were sold in Fortville; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

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