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Featured local agent — Fairmount, IN
Sarah Mitchell
Compass Real Estate · Fairmount, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fairmount, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$192,500median sale price
How is the Fairmount, IN housing market right now?
The median home sale price in Fairmount, IN is $192,500, up 2.7% year-over-year. Homes sell in an average of 101 days with 8 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fairmount a buyer's or seller's market?
Fairmount, IN is currently a buyer's market, based on 8.0 months of supply and homes selling in about 101 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
101
Average pace
Active listings
8
8.0 months supply
Sale-to-list
96.3%
Below asking
What does the Fairmount housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $192,500 |
| Median list price | $180,000 |
| Year-over-year price change | +2.7% |
| Average days on market | 101 days |
| Active inventory | 8 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 96.3% |
| Median price per sq ft | $97/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 37.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Fairmount by property type?
How the Fairmount, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $192,500 | $97/sq ft | 1 | 101 days |
Source: Redfin · Updated monthly
The Fairmount housing market is currently classified as a buyer's market with a median sale price of $192,500. Prices have risen 2.7% compared to last year, with homes spending an average of 101 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Fairmount
There are currently 8 homes listed for sale in Fairmount, Indiana. The median listing price is $180K.
Active listings
8
Homes on market
Median list price
$180K
Avg. days on market
101
Days until sale
New this week
3
Newly listed
Who lives in Fairmount?
Population
2,575
Median income
$45,163/yr
Median age
35.1 years
Owner-occupied
67.5%
College grads
10.7%
Avg commute
23.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Fairmount?
Zillow home value
$176,003
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Fairmount?
Fairmount is a community of approximately 3K residents with a median age of 35.1 years.The median household income is $45,163, which represents a working-class community with solid middle-income opportunities. 10.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fairmount offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fairmount?
5 schools tracked · 1,727 students
The largest public schools serving Fairmount, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Madison-Grant Jr./Sr. High School
Grades 7-12 · 504 students
Virtual Preparatory Academy of Indiana at Madison-Grant 92
Grades 9-12 · 426 students
Park Elementary School
Grades 3-6 · 304 students
Virtual Preparatory Academy of Indiana at Madison-Grant K-5
Grades K-5 · 254 students
Virtual Preparatory Academy of Indiana at Madison-Grant 6-8
Grades 6-8 · 239 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fairmount, IN?
Want a head-to-head view? Compare Fairmount side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fairmount?
The median home sale price in Fairmount is $192,500, up 2.7% from last year.
How long do homes stay on market in Fairmount?
Homes typically spend 101 days on market before going under contract.
What is the median income in Fairmount?
The median household income is $45,163 per year.
Is Fairmount a buyer's or seller's market?
With 8.0 months of supply, Fairmount is currently a buyer's market.
What is the Zillow home value estimate for Fairmount?
The Zillow Home Value Index (ZHVI) for Fairmount is $176,003, representing the typical home value in the area.
How much does a single-family home cost in Fairmount?
The median single-family home price in Fairmount, IN is $192,500 (about $97 per square foot).
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