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

$405,000

$202/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$25,000(-5.8%)

Key Takeaway

Homes in Fountain have sold for 5.8% less than they did a month ago.

Summary: The median home sold price in Fountain was $405,000 in November 2024, down 5.8% from last month, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $300K-
N/A
3 $435K$372.5K
-14.4%
4 $435K$424.9K
-2.3%
5+ -$450K
N/A

Summary: Fountain housing prices by bedroom type for November 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 14.4%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Colorado Springs
+6.2%
Fountain
-5.8%
Southeastern El Paso
-22.7%

Housing Supply in Fountain, CO

How many homes are available in Fountain, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
141175+24.1%

Summary: The Fountain real estate market had 175 homes for sale in November 2024, a 24.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1216
+33.3%
3 6475
+17.2%
4 3552
+48.6%
5+ 3032
+6.7%

Summary: The Fountain housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 48.6%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Fountain in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% 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

Oct 2024Nov 2024CHANGE
40 Days46 Days+15.0%

Summary: Homes in Fountain had an average of 46 days on market in Nov 2024, up by 15% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fountain has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Fountain; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

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