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 Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Fishers Housing Market Information

With 93,362 people, 32,017 houses or apartments, and a median cost of homes of $281,969, 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 77.97% of the town's housing units. Other types of housing that are prevalent in Fishers include large apartment complexes or high rise apartments ( 15.00%), row houses and other attached homes ( 5.19%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.79%).

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 78.40% of Fishers's homes, and 65.19% have either three or four bedrooms, which is average sized relative to America.

Fishers homes and real estate are some of the newest in America. 50.72% of Fishers's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fishers real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 47.13%), and between 1940-1969 ( 1.49%).

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 36.45%, which ranks in the top 30% nationwide. This equates to an annual average Fishers house appreciation rate of 3.16%.

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 6.15%, which is higher than appreciation rates in 87.27% 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 0.81%, which equates to an annual appreciation rate of 3.30%.

Relative to Indiana, our data show that Fishers's latest annual appreciation rate is higher than 80% 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
> $1,211,000 1.4
$909,001 - $1,211,000 1.5
$606,001 - $909,000 5.4
$485,001 - $606,000 8.1
$364,001 - $485,000 19.1
$242,001 - $364,000 30.8
$121,001 - $242,000 30.9
$61,001 - $121,000 1.1
$0 - $61,000 1.7

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
22.8029197080292 3.61990950226244

Number Of Homes And Apartments:

Fishers Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
Since 2000:
2000 Q1 - 2019 Q4
51.20% 2.09%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,613 / per month

Homeownership Rate

Owners 78.40
Renters 21.60
Vacant 3.36

Housing Market Details


Age of Homes

2000 or Newer 50.7
1970 - 1999 47.1
1940 - 1969 1.5
1939 or Older 0.7

Types of Homes

Single-Family 78.0
Townhomes 5.2
Small Apt. Buildings 1.8
Apt. Complexes 15.0
Mobile Homes 0.1
Other 0.0

Home Size

No Bedroom 0.42
1 Bedroom 7.28
2 Bedrooms 16.47
3 Bedrooms 28.65
4 Bedrooms 36.53
5 or more bedrooms 10.64