Is Fountain Square, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fountain Square has remained a Seller's Market.
Housing Prices in Fountain Square, IN
How much do homes in Fountain Square, IN cost?
Median Sold Price
$298,500
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fountain Square was $298,500 in April 2024, up 5.9% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $142.5K | $191.4K | +34.4% |
2 Bedrooms | $254K | $216.5K | -14.8% |
3 Bedrooms | $292.4K | $325K | +11.1% |
4 Bedrooms | $442.5K | $477K | +7.8% |
5+ Bedrooms | $406K | $601.4K | +48.1% |
Summary: Fountain Square housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes decreased by 14.8%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 48.1%.
Median Sold Price Compared To Nearby Neighborhoods
Woodlawn | $280K | $329K | +17.5% |
East Woodlawn | $172.7K | $203K | +17.5% |
Fountain Square | $282K | $298.5K | +5.9% |
Housing Supply in Fountain Square, IN
How many homes are available in Fountain Square, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 81 | -2.4% |
Summary: The Fountain Square real estate market had 81 homes for sale in April 2024, a 2.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 48 | 47 | -2.1% |
4 Bedrooms | 18 | 16 | -11.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fountain Square housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 15 | -21.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Fountain Square in April 2024, down by 21.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 33% were sold at asking, and 13% were sold over asking.
Days on Market for Fountain Square, IN
How long does it take to sell a home in Fountain Square, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 85 Days | +11.8% |
Summary: Homes in Fountain Square had an average of 85 days on market in Apr 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Fountain Square; 47% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.