Is Fishers, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$390,378
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fishers was $390,378 in March 2024, up 1.4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $166K | $183.2K | +10.4% |
2 Bedrooms | $280K | $293.2K | +4.7% |
3 Bedrooms | $325K | $334.5K | +2.9% |
4 Bedrooms | $430.5K | $440K | +2.2% |
5+ Bedrooms | $638.7K | $650K | +1.8% |
Summary: Fishers housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
Noblesville | $337K | $357.9K | +6.2% |
Delaware Township | $325K | $335K | +3.1% |
Fishers | $385K | $390.3K | +1.4% |
Fall Creek Township | $427.4K | $431.2K | +0.9% |
McCordsville | $379.9K | $366.8K | -3.5% |
Housing Supply in Fishers, IN
How many homes are available in Fishers, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
275 | 353 | +28.4% |
Summary: The Fishers real estate market had 353 homes for sale in March 2024, a 28.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 41 | 39 | -4.9% |
3 Bedrooms | 95 | 128 | +34.7% |
4 Bedrooms | 95 | 119 | +25.3% |
5+ Bedrooms | 43 | 66 | +53.5% |
Summary: The Fishers housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 34.7%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes increased by 53.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 100 | +51.5% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 100 homes were sold or pending in Fishers in March 2024, up by 51.5% month-over-month. Of the 100 sold homes, 56% were sold under asking, 26% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 33 Days | -14.0% |
Summary: Homes in Fishers had an average of 33 days on market in Mar 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 100 homes were sold in Fishers; 66% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.