Is Fountain Square, 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 Square was a Seller's Market.
Housing Prices in Fountain Square, IN
How much do homes in Fountain Square, IN cost?
Median Sold Price
$312,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fountain Square was $312,500 in May 2024, up 11.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $142.5K | $191.4K | +34.4% |
2 Bedrooms | $247.5K | $237.5K | -4.0% |
3 Bedrooms | $300K | $324.9K | +8.3% |
4 Bedrooms | $430K | $475K | +10.5% |
5+ Bedrooms | $406K | $601.4K | +48.1% |
Summary: Fountain Square housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 48.1%.
Median Sold Price Compared To Nearby Neighborhoods
Woodlawn | $280.5K | $325K | +15.9% |
Fountain Square | $280K | $312.5K | +11.6% |
Housing Supply in Fountain Square, IN
How many homes are available in Fountain Square, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
82 | 92 | +12.2% |
Summary: The Fountain Square real estate market had 92 homes for sale in May 2024, a 12.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 47 | 51 | +8.5% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Fountain Square 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 33.3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 10 | -37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Fountain Square in May 2024, down by 37.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
91 Days | 40 Days | -55.6% |
Summary: Homes in Fountain Square had an average of 40 days on market in May 2024, down by 55.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Fountain Square; 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.