Fishers, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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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 Q2 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 $259,454, 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 15.02%, which ranks in the top 30% nationwide. This equates to an annual average Fishers house appreciation rate of 1.41%.

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 7.77%, which is higher than appreciation rates in 81.06% 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 4.94%, which equates to an annual appreciation rate of 21.27%.

Importantly, NeighborhoodScout’s exclusive research found that Fishers's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to Indiana, our data show that Fishers's latest annual appreciation rate is higher than 90% 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:
$259,454

Fishers, IN HOME PRICES

Value Range
> $1,175,000 1.3
$881,001 - $1,175,000 0.8
$587,001 - $881,000 3.9
$470,001 - $587,000 5.6
$352,001 - $470,000 16.5
$235,001 - $352,000 27.2
$117,001 - $235,000 40.4
$59,001 - $117,000 1.9
$0 - $59,000 2.3

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
22.1382984952281 2.26244343891403

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:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
31.53% 1.58% 8 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,443 / 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