Fishers, IN

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Fishers, IN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Fishers Housing Market Information

With 91,832 people, 31,469 houses or apartments, and a median cost of homes of $271,978, Fishers real estate is some of the most expensive in Indiana, although Fishers home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Fishers, accounting for 79.03% of the town's housing units. Other types of housing that are prevalent in Fishers include large apartment complexes or high rise apartments ( 14.31%), row houses and other attached homes ( 4.93%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.67%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fishers. Owner-occupied housing accounts for 80.73% of Fishers's homes, and 66.00% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fishers built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fishers built between 2000 and later ( 47.62%). A lesser amount of the housing stock also hails from between 1940-1969 ( 1.73%).

Fishers Home Appreciation Rates

Appreciation rates for homes in Fishers have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 27.54%, which ranks in the top 30% nationwide. This equates to an annual average Fishers house appreciation rate of 2.46%.

Appreciation rates are so strong in Fishers that despite a nationwide downturn in the housing market, Fishers real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fishers appreciation rates continue to be some of the highest in America, at 8.51%, which is higher than appreciation rates in 85.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fishers. Fishers appreciation rates in the latest quarter were at 1.71%, which equates to an annual appreciation rate of 7.00%.

Importantly, this makes Fishers one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Indiana, our data show that Fishers's latest annual appreciation rate is higher than 70% of the other cities and towns in Indiana.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Fishers differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fishers - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Fishers real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,221,000 1.4
$916,001 - $1,221,000 1.3
$611,001 - $916,000 5.6
$488,001 - $611,000 7.3
$367,001 - $488,000 17.8
$244,001 - $367,000 30.3
$122,001 - $244,000 32.6
$61,001 - $122,000 1.3
$0 - $61,000 2.4

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
22.978102189781 3.16742081447964

Number Of Homes And Apartments:

Fishers Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
44.80% 1.94%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,550 / per month

Homeownership Rate

Owners 80.73
Renters 19.27
Vacant 2.95

Housing Market Details


Age of Homes

2000 or Newer 47.6
1970 - 1999 49.8
1940 - 1969 1.7
1939 or Older 0.8

Types of Homes

Single-Family 79.0
Townhomes 4.9
Small Apt. Buildings 1.7
Apt. Complexes 14.3
Mobile Homes 0.1
Other 0.0

Home Size

No Bedroom 0.21
1 Bedroom 7.14
2 Bedrooms 15.60
3 Bedrooms 29.10
4 Bedrooms 36.90
5 or more bedrooms 11.04