Mitch's Weekly Market Report
Fortville, IN
Single-Family Homes
Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Fortville, IN
Sun Aug 23 2026
This week the median list price for Fortville, IN is $498,997 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has increased to 98.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $498,997 | |
| Median Price of New Listings | $499,995 | |
| Per Square Foot | $169 | |
| Average Days on Market | 58 | |
| Median Days on Market | 39 | |
| Price Decreased | 52% | |
| Price Increased | 2% | |
| Relisted | 3% | |
| Inventory | 98 | |
| Median Rent | ||
| Market Action | 38 | |
| Slight Seller's Advantage | ||
The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $849,999 | 4,520 | 0.25 - 0.5 acre | 5 | 4.5 | 1 | 3 | 0 | 35 |
| $540,260 | 3,208 | 0.25 - 0.5 acre | 4 | 3.5 | 7 | 4 | 2 | 49 |
| $414,999 | 2,463 | 8,000 - 10,000 sqft | 4 | 3 | 5 | 2 | 2 | 42 |
| $312,500 | 1,978 | 8,000 - 10,000 sqft | 3 | 2 | 9 | 4 | 2 | 35 |