Market Overview
Home Prices in Fountain City, IN
The median home value in Fountain City, IN is $244,436 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and up 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fountain City are priced40% below average. Fountain City is part of the Richmond, IN metro area.
Over the past five years, Fountain City home values have risen by approximately44.9%, reflecting strong long-term appreciation in this market.
Price History
Fountain City Home Price Trend
City Comparison
Fountain City vs. National Median
At $244,436, homes in Fountain City cost 40% below the national median of $410,000. This makes Fountain City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fountain City?
20% Down Payment
$48,887
on $244,436
Monthly P&I
$1,275/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,619/mo
incl. taxes & insurance
Income Needed
$64,760
gross annual (30% rule)
10% Down Option
$24,444
+ PMI applies
Loan Amount (20% dn)
$195,549
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fountain City, IN?
The median home value in Fountain City is $244,436 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Fountain City?
Over the past year, home values in Fountain City have increased by 8.2%. Over five years, prices have risen approximately 44.9%.
How much do I need to earn to buy a home in Fountain City?
To comfortably afford the median home price of $244,436 with a 20% down payment ($48,887) at today's rates (6.8%), you'd need a gross annual income of approximately $64,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Fountain City compare to the national average home price?
The national median home value is approximately $410,000. At $244,436, homes in Fountain City are 40% below the national average.
What metro area is Fountain City part of?
Fountain City is part of the Richmond, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.