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Preforeclosure Homes in Fairmount, IN

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Fairmount, IN Foreclosures

How much do homes sell for in Fairmount, IN?
The average home price is currently $196,019.
In Fairmount, IN, how many homes are available?
There are currently 2 active home listings available in Fairmount.
What’s the average rental cost in Fairmount, IN?
The average rental price in Fairmount is $1,004.
What is the most expensive home in Fairmount?
The most expensive home sold in Fairmount had a price of $881,739.
What is currently the cheapest priced home in Fairmount, IN?
The cheapest home for sale in Fairmount is priced at $14,314.

Living in Fairmount, IN

Fairmount, Indiana is a historic small town known for its sense of community and its scenic parks. Home to the James Dean Museum, it offers a unique blend of cultural history and outdoor activities. Residents appreciate the low cost of living and convenient access to nearby cities for shopping and dining.

Current Market Conditions in Fairmount, IN

The real estate market in Fairmount has shown moderate activity, with a stable demand for homes in recent months. The town is appealing to first-time buyers and families seeking affordable housing options. Properties typically sell within a reasonable timeframe, reflecting a healthy market presence.

Trends indicate a consistent interest in Fairmount's residential properties, particularly as more people are looking for options outside of urban centers where they can enjoy space and community. Overall, Fairmount is witnessing a gradual increase in property values, signaling a positive outlook for the future.

Home Value Estimator For Fairmount, IN

There are currently 1,631 real estate properties in Fairmount, IN, with a median automated valuation model (AVM) price of $166,125.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairmount, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fairmount, IN, is $196,019.00, with the most expensive house in Fairmount, IN, topping out at $881,739.00 and the cheapest home in Fairmount, IN, clocking in at $14,314.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairmount, IN!

Rent Prices In Fairmount, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairmount, IN, is on a rollercoaster ride. The average rent price in Fairmount, IN, is $1,004.00. Indeed, when looking to rent in Fairmount, IN, you can expect to pay as little as $590.00 or as much as $2,170.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Fairmount, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Fairmount, IN Preforeclosure Homes


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