Mitch's Weekly Market Report

Fortville, IN 46040

Single-Family Homes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Fortville, IN 46040

Mon Dec 15 2025
This week the median list price for Fortville, IN 46040 is $527,500 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has decreased to 80. Click here to stay informed with the Fortville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fortville, IN 46040

Mon Dec 15 2025
This week the median list price for Fortville, IN 46040 is $527,500 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has decreased to 80. Click here to stay informed with the Fortville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fortville market.
Median List Price $527,500
Median Price of New Listings $494,995
Per Square Foot $167
Average Days on Market 78
Median Days on Market 56
Price Decreased 48%
Price Increased 5%
Relisted 8%
Inventory 80
Median Rent
Market Action 37
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$877,593 4,920 0.25 - 0.5 acre 5 4.5 5 1 0 84
$669,950 3,654 0.25 - 0.5 acre 4 3.5 5 2 3 45
$450,000 2,983 8,000 - 10,000 sqft 4 2.8 0 3 2 49
$329,707 1,884 0.25 - 0.5 acre 3 2 26 2 2 42