Fountain City, IN—47341
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fountain City, IN
As of Oct '25, the median home price in Fountain City, IN is $214,000, with a year-over-year change of 6.3%. This indicates that home prices in Fountain City, IN are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | 6.3% |
| Single Family | $214,000 | 6.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $139,000 | 3.0% |
3 Bed | $220,000 | 6.8% |
4 Bed | $249,000 | 6.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fountain City, IN
As of July '25, Rentcast reports the average rent in Fountain City, IN is $865, with a year-over-year rent change of 21.5%. Per bedroom, the median rent as of July '25 in Fountain City, IN is 2-bedrooms: $865. The most common rental property sizes in Fountain City, IN are 4-bedroom and 3-bedroom, accounting for 40.2% and 20.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $865 | $865 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $865 | $865 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fountain City, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Fountain City, IN is 44. This is a increase of 47.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $385,000 | 261.0% |
Listing Count | 3 | -36.0% |
| Listings as % of Homes | 0.6% | -36.0% |
Days on Market | 44 | 47.0% |
Demographics — Fountain City, IN
As of the latest ACS Survey released in 2023, Fountain City, IN has a population of 2,510, which has increased by 7.4% over the past 5 years. Fountain City, IN is a popular place for families, as children make up 26.8% of the population. The area has a moderately educated workforce, with 31.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,510 | 7.4% |
% Under 18 | 26.8% | 4.3% |
% Seniors | 13.3% | 2.3% |
% WFH | 7.2% | 380.0% |
% w/ College Degree | 31.4% | 168.4% |
As of the latest ACS Survey released in 2023, Fountain City, IN is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Fountain City, IN is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.5% of the population in Fountain City, IN, and this percentage has decreased by 28.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.3% | -3.4% |
% Black | 0.9% | ∞% |
% Hispanic | 1.4% | ∞% |
% Asian | 0.3% | 0.0% |
% Foreign Born | 0.5% | -28.6% |
Mortgage and Risk — Fountain City, IN
According to HUD data as of 2023, there were 55 mortgage originations in Fountain City, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Fountain City, IN. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 55 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Fountain City, IN
Fountain City, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | $65 | $865 | $930 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Fountain City, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $214,000 |
| Median Household Income | $82,400 |