Mitch's Weekly Market Report

Fortville, IN 46040

Single-Family Homes

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


Fortville, IN 46040

Sun Aug 23 2026
This week the median list price for Fortville, IN 46040 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. 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 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.

Fortville, IN 46040

Sun Aug 23 2026
This week the median list price for Fortville, IN 46040 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. 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 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

Never miss important changes in the Fortville market.
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

We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.

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