Is Fishers, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fishers has remained a Seller's Market.
Housing Prices in Fishers, IN
How much do homes in Fishers, IN cost?
Median Sold Price
$394,448
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fishers was $394,448 in May 2024, up 2.3% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156.7K | $184.5K | +17.7% |
2 Bedrooms | $280K | $300K | +7.1% |
3 Bedrooms | $325K | $334.9K | +3.0% |
4 Bedrooms | $428.4K | $445.2K | +3.9% |
5+ Bedrooms | $630.3K | $668.7K | +6.1% |
Summary: Fishers housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.7%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
Noblesville | $342.8K | $360K | +5.0% |
Delaware Township | $325.5K | $340K | +4.5% |
Fishers | $385.5K | $394.4K | +2.3% |
Fall Creek Township | $432.3K | $440K | +1.8% |
McCordsville | $370K | $365.8K | -1.1% |
Housing Supply in Fishers, IN
How many homes are available in Fishers, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
437 | 468 | +7.1% |
Summary: The Fishers real estate market had 468 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 39 | 36 | -7.7% |
3 Bedrooms | 141 | 156 | +10.6% |
4 Bedrooms | 168 | 170 | +1.2% |
5+ Bedrooms | 88 | 103 | +17.0% |
Summary: The Fishers housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 17%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
132 | 143 | +8.3% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
59 Homes Were Sold
Over Asking
Summary: A total of 143 homes were sold or pending in Fishers in May 2024, up by 8.3% month-over-month. Of the 143 sold homes, 38% were sold under asking, 21% were sold at asking, and 41% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 21 Days | +2.1% |
Summary: Homes in Fishers had an average of 21 days on market in May 2024, up by 2.1% compared to last year.
Breakdown of Home Sale Times
119 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 143 homes were sold in Fishers; 83% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.