Is Fortville, 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, Fortville has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $139.9K | N/A |
2 Bedrooms | $175K | $212K | +21.1% |
3 Bedrooms | $264K | $300K | +13.6% |
4 Bedrooms | $354.9K | $405K | +14.1% |
5+ Bedrooms | $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 | $278.4K | $374.9K | +34.7% |
Green Township | $263K | $315K | +19.8% |
Vernon Township | $349.3K | $366.1K | +4.8% |
Fall Creek Township | $431.4K | $431.9K | 0.1% |
Housing Supply in Fortville, IN
How many homes are available in Fortville, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 51 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 14 | 19 | +35.7% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 11 | 13 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 14 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 29 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
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.