Fountain County, Indiana Housing Market
In Fountain County, Indiana, the median home value is $143,400, with a median monthly rent of $843. This places Fountain County at #2322 nationally out of 3134 counties by median home value, and #79 within Indiana.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $929
- Establishments: 341
- BLS QCEW, 2025
Housing Supply
- Single-family: 19
- Multi-family: 10
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,016 (avg $62,945)
- Outflow: 6,656 (avg $62,943)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Fountain County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 47918 | 276.8 | +25.86% | 2025 |
| 2 | 47932 | 268.4 | +8.32% | 2025 |
| 3 | 47987 | 217.7 | +1.42% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Fountain County Compares
| Metric | Fountain County | Indiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $143,400 | $191,898 | $227,706 |
| Median Gross Rent | $843 | $910 | $968 |
| Owner Occupancy Rate | 74.6% | 76.3% | 73.3% |
| Price/Rent Ratio | 14.2 | 17.5 | 18.7 |
Market Analysis
The median home value in Fountain County is 25.3% below the Indiana state average and 37.0% below the U.S. national average. The median rent of $843/month is 7.4% below the state average.
With a price-to-rent ratio of 14.2, buying a home in Fountain County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Fountain County has an owner-occupancy rate of 74.6%, compared to 76.3% in Indiana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Big Horn County | Montana | $143,400 | $697 |
| Dundy County | Nebraska | $143,400 | $656 |
| Dale County | Alabama | $143,500 | $889 |
| Floyd County | Iowa | $143,500 | $745 |
| Grant Parish | Louisiana | $143,300 | $904 |
Other Counties in Indiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Wayne County | $140,200 | $815 | 69.2% |
| Delaware County | $139,400 | $906 | 66.5% |
| Vigo County | $148,500 | $924 | 61.7% |
| Knox County | $137,700 | $796 | 67.8% |
| Benton County | $151,000 | $774 | 79.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).