Fishers, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Fishers Neighborhoods Since 2000




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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Fishers Housing Market Information

With 88,658 people, 29,366 houses or apartments, and a median cost of homes of $246,139, 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 80.42% of the town's housing units. Other types of housing that are prevalent in Fishers include large apartment complexes or high rise apartments ( 12.51%), row houses and other attached homes ( 5.07%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.00%).

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 82.01% of Fishers's homes, and 68.56% 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 ( 44.63%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.09%).

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 9.08%, which ranks in the top 40% nationwide. This equates to an annual average Fishers house appreciation rate of 0.87%.

NeighborhoodScout's data show that during the latest twelve months, Fishers's appreciation rate, at 4.02%, has been at or slightly above the national average. In the latest quarter, Fishers's appreciation rate has been -0.60%, which annualizes to a rate of -2.40%.

Notably, Fishers's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Indiana, our data show that Fishers's latest annual appreciation rate is higher than 60% 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:
$246,139

Fishers, IN HOME PRICES

Value Range
> $1,114,000 1.3
$836,001 - $1,114,000 0.8
$557,001 - $836,000 3.9
$446,001 - $557,000 5.6
$334,001 - $446,000 16.5
$223,001 - $334,000 27.2
$111,001 - $223,000 40.4
$56,001 - $111,000 1.9
$0 - $56,000 2.3

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
23.1571545763506 2.48868778280543

Number Of Homes And Apartments:
29,366

Fishers Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
24.79% 1.29% 7 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,366 / per month

Homeownership Rate

Homeownership
Owners 82.01
Renters 17.99
Vacant 3.20

Housing Market Details

 

Age of Homes

AGE OF Fishers HOMES
2000 or Newer 44.6
1970 - 1999 52.8
1940 - 1969 2.1
1939 or Older 0.4

Types of Homes

TYPE OF Fishers HOMES
Single-Family 80.4
Townhomes 5.1
Small Apt. Buildings 2.0
Apt. Complexes 12.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Fishers HOMES
No Bedroom 0.05
1 Bedroom 5.90
2 Bedrooms 15.56
3 Bedrooms 31.64
4 Bedrooms 36.92
5 or more bedrooms 9.93