Is Fountain, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Fountain has remained a Buyer's Market.

Key Takeaway

Fountain is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fountain, CO

How much do homes in Fountain, CO cost?

Median Sold Price

$440,000

$204/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$10,000(-2.2%)

Key Takeaway

Homes in Fountain have sold for 2.2% less than they did a month ago.

Summary: The median home sold price in Fountain was $440,000 in May 2024, down 2.2% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$365K
N/A
3 $394.5K$359.9K
-8.8%
4 $525K$500K
-4.8%
5+ -$540K
N/A

Summary: Fountain housing prices by bedroom type for May 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 8.8%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Southeastern El Paso
+0.7%
Fountain
-2.2%

Housing Supply in Fountain, CO

How many homes are available in Fountain, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
89162+82.0%

Summary: The Fountain real estate market had 162 homes for sale in May 2024, a 82.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 813
+62.5%
3 4375
+74.4%
4 2648
+84.6%
5+ 1226
+116.7%

Summary: The Fountain 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 increased by 62.5%, 3 bedroom homes increased by 74.4%, 4 bedroom homes increased by 84.6%, and 5+ bedroom homes increased by 116.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
319+533.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain, expect to pay close to the asking price. 47.4% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in Fountain in May 2024, up by 533.3% month-over-month. Of the 19 sold homes, 26% were sold under asking, 47% were sold at asking, and 26% were sold over asking.

Days on Market for Fountain, CO

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

Average Sale Time

Apr 2024May 2024CHANGE
35 Days27 Days-20.9%

Summary: Homes in Fountain had an average of 27 days on market in May 2024, down by 20.9% compared to last month.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fountain are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 19 homes were sold in Fountain; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% 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

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