Is Fountain Square, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain Square is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Fountain Square, IN

How much do homes in Fountain Square, IN cost?

Median Sold Price

$310,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+10.7%)

Key Takeaway

Homes in Fountain Square have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Fountain Square was $310,000 in November 2024, up 10.7% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $182.5K$185K
+1.4%
2 $235K$238K
+1.3%
3 $312K$339K
+8.7%
4 $437.5K$455K
+4.0%
5+ $309.7K$302.5K
-2.3%

Summary: Fountain Square housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Neighborhoods

Woodlawn
+16.9%
Fountain Square
+10.7%

Housing Supply in Fountain Square, IN

How many homes are available in Fountain Square, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6973+5.8%

Summary: The Fountain Square real estate market had 73 homes for sale in November 2024, a 5.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1517
+13.3%
3 3537
+5.7%
4 1616
0.0%
5+ 22
0.0%

Summary: The Fountain Square 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 13.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain Square, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Fountain Square in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Fountain Square, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days40 Days-26.6%

Summary: Homes in Fountain Square had an average of 40 days on market in Nov 2024, down by 26.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Fountain Square; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 21 Days Ago

Newest Listings in Fountain Square, IN

Nearby Markets to Fountain Square, IN