$4,358 Closing Credit*
$367,000
3 Beds
•1 Full Bath, 1 Partial
Judy Rowe, Listing Office: RE/MAX Results - Angola office
Is Fairmount Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fairmount Township was a Neutral Market.
Key Takeaway
Fairmount Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fairmount Township, IN
How much do homes in Fairmount Township, IN cost?
Median Sold Price
$35,000
$29/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
-$125,000(-78.1%)
Key Takeaway
Homes in Fairmount Township have sold for 78.1% less than they did a month ago.
Summary: The median home sold price in Fairmount Township was $35,000 in August 2024, down 78.1% from last month, and the median price per square foot was $29.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $160K | $35K | -78.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fairmount Township housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 78.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jefferson Township | $107.7K | $65K | -39.7% |
| Mill Township | $250K | $145K | -42.0% |
| Fairmount Township | $160K | $35K | -78.1% |
Housing Supply in Fairmount Township, IN
How many homes are available in Fairmount Township, IN?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Fairmount Township real estate market had 8 homes for sale in August 2024, a 14.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairmount Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fairmount Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Fairmount Township in August 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Fairmount Township, IN
How long does it take to sell a home in Fairmount Township, IN?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 Days | 6 Days | +50.0% |
Summary: Homes in Fairmount Township had an average of 6 days on market in Aug 2024, up by 50% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairmount Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 1 homes were sold in Fairmount Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.