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Fairmount, IN Foreclosures

How much do homes sell for in Fairmount, IN?
The average home price is currently $197,724.
In Fairmount, IN, how many homes are available?
There are currently 1 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 $1,025,943.
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 is a charming small town located in eastern Indiana, recognized for its rich history and close-knit community. With a population of just over 2,000 residents, it offers a quiet lifestyle complemented by local parks and recreational facilities. The town is also known for its annual events and festivals, attracting visitors from surrounding areas, making it a vibrant hub of local culture.

Current Market Conditions in Fairmount, IN

The Fairmount real estate market is currently experiencing a balanced phase, with steady demand for affordable housing. Homes are usually priced lower than the state average, appealing to first-time buyers and retirees seeking to downsize. The local market is characterized by properties ranging from quaint single-family homes to larger estates, accommodating diverse buyer preferences. This variety attracts individuals and families who appreciate the affordability and community-oriented lifestyle.

Recent trends indicate that the market is gradually improving, with an increase in the number of listings and buyers. More young families are discovering Fairmount as an affordable option, driving demand and putting upward pressure on property prices.

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 $170,576.00. 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 $197,724.00, with the most expensive house in Fairmount, IN, topping out at $1,025,943.00 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 Search Results


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