Is Fountain County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain County is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Fountain County was a Neutral Market.

Key Takeaway

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

Housing Prices in Fountain County, IN

How much do homes in Fountain County, IN cost?

Median Sold Price

$160,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$11,000(-6.4%)

Key Takeaway

Homes in Fountain County have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in Fountain County was $160,000 in May 2024, down 6.4% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $75.5K$56.7K
-24.9%
2 $130.1K$118K
-9.3%
3 $175.5K$179K
+2.0%
4 $254K$179.5K
-29.3%
5+ $307K$405K
+31.9%

Summary: Fountain County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.9%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 29.3%, and 5+ bedroom homes increased by 31.9%.

Median Sold Price Compared To Nearby Counties

Montgomery County
+5.3%
Fountain County
-6.4%

Housing Supply in Fountain County, IN

How many homes are available in Fountain County, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4547+4.4%

Summary: The Fountain County real estate market had 47 homes for sale in May 2024, a 4.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1311
-15.4%
3 2223
+4.5%
4 67
+16.7%
5+ 35
+66.7%

Summary: The Fountain County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Fountain County in May 2024, down by 7.7% month-over-month. Of the 12 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Fountain County, IN

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

Average Sale Time

May 2023May 2024CHANGE
37 Days56 Days+50.6%

Summary: Homes in Fountain County had an average of 56 days on market in May 2024, up by 50.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fountain County has remained consistent over time.

Summary: During May 2024, 12 homes were sold in Fountain County; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% 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 1 Day Ago

Newest Listings in Fountain County, IN

Nearby Markets to Fountain County, IN

What housing markets are near Fountain County, IN?