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New Construction Homes in Fairmount, IN
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$15,000 Lot/Land
1421 N Elm St, Fairmount, IN 46928
- 0.29 Acre
- $51,724 per Acre
What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Fairmount, IN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Fairmount, IN hold their value?
Yes, especially in fast-growing areas of Fairmount, IN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.
Home Trends in Fairmount, IN
On average, homes in Fairmount, IN sell after 57 days on the market compared to the national average of 53 days. The median sale price for homes in Fairmount, IN over the last 12 months is $184,900, up 37% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$184,900
Median Single Family Sale Price
$178,150
Average Price Per Sq Ft
$96
Number of Homes for Sale
4
Last 12 months Home Sales
15
Months of Supply
3.20
Median List Price
$184,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
37%