Is Fortville, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fortville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Fortville has remained a Seller's Market.

Key Takeaway

Fortville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fortville, IN

How much do homes in Fortville, IN cost?

Median Sold Price

$380,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,100(+5.6%)

Key Takeaway

Homes in Fortville have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Fortville was $380,000 in October 2024, up 5.6% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $139.9K$208K
+48.7%
2 $200K$242.5K
+21.3%
3 $285K$297.5K
+4.4%
4 $389.9K$412K
+5.7%
5+ $520K$632.5K
+21.6%

Summary: Fortville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.7%, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 21.6%.

Median Sold Price Compared To Nearby Cities

Green Township
+11.3%
Fortville
+5.6%
Fall Creek Township
+1.3%
Vernon Township
0.0%

Housing Supply in Fortville, IN

How many homes are available in Fortville, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7176+7.0%

Summary: The Fortville real estate market had 76 homes for sale in October 2024, a 7.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2629
+11.5%
4 2428
+16.7%
5+ 1917
-10.5%

Summary: The Fortville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1720+17.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fortville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Fortville in October 2024, up by 17.6% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and 5% 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

Oct 2023Oct 2024CHANGE
24 Days35 Days+41.6%

Summary: Homes in Fortville had an average of 35 days on market in Oct 2024, up by 41.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 20 homes were sold in Fortville; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 16 Days Ago

Newest Listings in Fortville, IN

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