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Multi-family Foreclosures in Fairmount, IN

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Fairmount, IN Foreclosures

Current Market Conditions in in Fairmount, IN As of February 2026?
In the last month, Fairmount's real estate market has seen a slight uptick in buyer interest. With more new listings coming to the market, competition remains moderate. Properties that are well-maintained are being sold quickly, while others continue to linger, particularly if they are priced above market expectations. Overall, the month has brought positive shifts in buyer activity, likely influenced by seasonal trends and current interest rates favoring buyers.
How much do homes sell for in Fairmount, IN?
The average home price is currently $209,463.
What’s the average rental cost in Fairmount, IN?
The average rental price in Fairmount is $1,000.
What is the most expensive home in Fairmount?
The most expensive home sold in Fairmount had a price of $2,385,840.
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, IN, is a tight-knit community that offers a peaceful lifestyle with strong local traditions. It features great parks and recreational opportunities, making it ideal for families. With quality schools and essential amenities, Fairmount is perfect for those looking to settle in a friendly and engaging environment.

Buyer vs Seller Market in Fairmount, IN

Fairmount's real estate market is currently stable, characterized by modest price fluctuations. Homes are generally affordable, making it attractive for first-time buyers and families seeking value for money. The average home price has shown resilience while attracting interest from various demographics, including retirees and young professionals.

Recently, more buyers are looking towards Fairmount for its affordable housing options and small-town charm. The pace of sales has picked up slightly, indicating a steady demand as new families and individuals seek the peace and community spirit that Fairmount offers.

Home Value Estimator For Fairmount, IN

There are currently 1,817 real estate properties in Fairmount, IN, with a median automated valuation model (AVM) price of $172,825.00. 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 $209,463.00, with the most expensive house in Fairmount, IN, topping out at $2,385,840.00 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 $1,000.00. 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 Multi-family Homes

Market Trend for Fairmount, IN

Total Listings Available: 0

Market Values:

Home Prices from $14,314 to $2,385,840

Average Sales Price: $209,463

Rental Values:

Rental from $590 to $2,170

Average Rent Value: $1,000 / month

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