Is Fountain County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Fountain County was a Neutral Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75.5K | $56.7K | -24.9% |
2 Bedrooms | $130.1K | $118K | -9.3% |
3 Bedrooms | $175.5K | $179K | +2.0% |
4 Bedrooms | $254K | $179.5K | -29.3% |
5+ Bedrooms | $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 | $170K | $178.9K | +5.3% |
Fountain County | $171K | $160K | -6.4% |
Housing Supply in Fountain County, IN
How many homes are available in Fountain County, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 47 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 11 | -15.4% |
3 Bedrooms | 22 | 23 | +4.5% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 3 | 5 | +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 2024 | May 2024 | CHANGE |
---|---|---|
13 | 12 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 56 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
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.