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 October 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

$400,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,025(+0.8%)

Key Takeaway

Homes in Fishers have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Fishers was $400,000 in October 2024, up 0.8% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $175K$197.5K
+12.9%
2 $285K$304K
+6.7%
3 $330K$342.6K
+3.8%
4 $434.7K$444.3K
+2.2%
5+ $637.6K$683.7K
+7.2%

Summary: Fishers housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Cities

Delaware Township
+3.8%
McCordsville
+2.0%
Noblesville
+1.4%
Fall Creek Township
+1.3%
Fishers
+0.8%

Housing Supply in Fishers, IN

How many homes are available in Fishers, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
459415-9.6%

Summary: The Fishers real estate market had 415 homes for sale in October 2024, a 9.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 4852
+8.3%
3 145130
-10.3%
4 168143
-14.9%
5+ 9688
-8.3%

Summary: The Fishers housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
132109-17.4%

Asking Price vs. Sold Price

62 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

20 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. 56.9% of homes here sold below asking price last month.

Summary: A total of 109 homes were sold or pending in Fishers in October 2024, down by 17.4% month-over-month. Of the 109 sold homes, 57% were sold under asking, 25% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
22 Days39 Days+76.6%

Summary: Homes in Fishers had an average of 39 days on market in Oct 2024, up by 76.6% compared to last year.

Breakdown of Home Sale Times

66 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

8 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 October 2024, 109 homes were sold in Fishers; 61% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 7% 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 20 Days Ago

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