Is Fishers, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fishers is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Fishers has remained a Seller's Market.

Key Takeaway

Fishers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fishers, IN

How much do homes in Fishers, IN cost?

Median Sold Price

$393,041

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,029(+2.1%)

Key Takeaway

Homes in Fishers have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Fishers was $393,041 in April 2024, up 2.1% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $163.5K$184.5K
+12.8%
2 $279.9K$299.7K
+7.1%
3 $325K$334.7K
+3.0%
4 $428.7K$441.5K
+3.0%
5+ $633.1K$662.5K
+4.6%

Summary: Fishers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Cities

Delaware Township
+4.3%
Noblesville
+4.0%
Fishers
+2.1%
Fall Creek Township
0.1%
McCordsville
-3.9%

Housing Supply in Fishers, IN

How many homes are available in Fishers, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
376408+8.5%

Summary: The Fishers real estate market had 408 homes for sale in April 2024, a 8.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 4336
-16.3%
3 135135
0.0%
4 128158
+23.4%
5+ 6978
+13.0%

Summary: The Fishers housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 13%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
104128+23.1%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

45 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fishers, you may be able to get a good deal. 36.7% of homes here sold below asking price last month.

Summary: A total of 128 homes were sold or pending in Fishers in April 2024, up by 23.1% month-over-month. Of the 128 sold homes, 37% were sold under asking, 28% were sold at asking, and 35% were sold over asking.

Days on Market for Fishers, IN

How long does it take to sell a home in Fishers, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days22 Days+9.3%

Summary: Homes in Fishers had an average of 22 days on market in Apr 2024, up by 9.3% compared to last year.

Breakdown of Home Sale Times

109 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fishers are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 128 homes were sold in Fishers; 85% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

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