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Sarah Mitchell

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Compass Real Estate · Fishers, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Fishers, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Fishers, IN Housing Market

Seller's market+0.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Fishers, IN is worth $444,527, held roughly flat 0.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $430,000, +0.6% year over year (through May 2026). With 1.1 months of supply and homes going under contract in about 16 days, Fishers is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $444,527 home is about $2,373/mo in principal and interest.

Key numbers for Fishers, IN

Typical home value

$444,527

+0.3% in 12 months

Zillow, August 2026

Typical asking rent

$1,911/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$430,000

+0.6% year over year

Redfin, through May 2026

Days on market

16

Fast-moving

Redfin, through May 2026

Active listings

203

1.1 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$128,141

Home costs 3.5x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.2%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Fishers a buyer's or seller's market?

Seller's market1.1 months of supply16 days on market99.2% of asking

Fishers, IN is a seller's market, based on 1.1 months of supply and homes selling in about 16 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Fishers housing market data show?

Every row below is Redfin's final published month for Fishers, IN. Redfin, through May 2026

Housing market statistics for Fishers, IN, Redfin through May 2026
MetricValue
Median sale price$430,000
Median list price$432,450
Year-over-year price change+0.6%
Median price per sq ft$172/sq ft
Median days on market16 days
Active inventory203 listings
Months of supply1.1 months
Sale-to-list price ratio99.2%
Homes sold (that month)189
New listings (that month)170
Listings with a price cut52.7%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Fishers is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Fishers is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Fishers home prices moved?

Over the last three years the median sale price in Fishers, IN rose 0.6%, from $427,500 to $430,000. The live Zillow value series has held roughly flat 0.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 52.7% of Fishers listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.1 months while the sale-to-list ratio slips below its current 99.2%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Fishers?

Priced off the typical home value of $444,527 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Fishers, IN
Down paymentCash at closeLoan amountMonthly P&I
20%$88,905$355,621$2,373/mo
5%$22,226$422,300$2,818/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,373, that implies roughly $101,705 a year before you add taxes and insurance. The median household in Fishers earns $128,141, about $26,436 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.5x — close to the historical 3x norm, which is unusual in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Fishers in the next 12 months?

Tell us your timeline. We send the Fishers market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Fishers?

Typical asking rent in Fishers, IN is $1,911/mo, against a typical home value of $444,527. That is a price-to-rent ratio of 19.4x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,373 a month — $462 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Fishers?

Active listings in Fishers, IN went from 291 in May 2025 to 203 in May 2026, a -30.2% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Fishers, IN
MonthActive listingsNew listings
June 2025300174
July 2025339203
August 2025338186
September 2025345165
October 2025328134
November 2025283102
December 202522961
January 202621097
February 2026201117
March 2026218169
April 2026211186
May 2026203170

Redfin, through May 2026

How does Fishers compare to Indiana and the U.S.?

Fishers homes sell for $430,000 — 50% above the Indiana median of $287,300. Against the national median of $410,700, Fishers runs 5% higher. Year-over-year, Fishers moved +0.6% against Indiana's +4.2% — a smaller swing than the state as a whole.

Fishers, IN compared with Indiana and the United States
MarketMedian sale priceYoYDays on market
Fishers, IN$430,000+0.6%16 days
Indiana statewide$287,300+4.2%26 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Fishers

What buyers should watch

  • Months of supply, currently 1.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 52.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $445 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $444,527 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Fishers listing goes under contract in 16 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Fishers added 170 new listings against 189 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved +0.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Fishers varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Fishers

There are currently 203 homes listed for sale in Fishers, Indiana. The median listing price is $432K. Featured listings range from $275,000 to $931,094.

3 bedroom townhouse for sale at 12692 Tamworth Dr Fishers 46037 - $275,000
New Listing
24
$275,000

12692 Tamworth Dr

Fishers, IN 46037

3 bd3 ba1,540 sqft$179/ft²
Townhouse1,307 sqft lot

Forthright Real Estate

View photos & details
3 bedroom townhouse for sale at 15127 Swallow Falls Way Fishers 46037 - $322,390
New Build
21
$322,390

15127 Swallow Falls Way

Fishers, IN 46037

3 bd2 ba1,727 sqft$187/ft²
Townhouse
View photos & details
3 bedroom townhouse for sale at 15135 Swallow Falls Way Fishers 46037 - $327,390
New Build
18
$327,390

15135 Swallow Falls Way

Fishers, IN 46037

3 bd2 ba1,793 sqft$183/ft²
Townhouse
View photos & details
3 bedroom house for sale at 16001 Tharp Woods Dr Fishers 46037 - $379,999
New BuildPrice Drop −$44K
30
$379,999

16001 Tharp Woods Dr

Fishers, IN 46037

3 bd3 ba2,062 sqft$184/ft²
House
View photos & details
3 bedroom house for sale at 16079 Meadow Frost Ct Fishers 46037 - $408,999
New Build
26
$408,999

16079 Meadow Frost Ct

Fishers, IN 46037

3 bd3 ba1,900 sqft$215/ft²
House
View photos & details
4 bedroom house for sale at 14455 Harrison Pkwy Fishers 46038 - $415,000
New Listing
52
$415,000

14455 Harrison Pkwy

Fishers, IN 46038

4 bd3 ba2,579 sqft$161/ft²
House8,276 sqft lot

F.C. Tucker Company

View photos & details
4 bedroom house for sale at 15467 Alperton Rd Fishers 46037 - $435,885
New Build
16
$435,885

15467 Alperton Rd

Fishers, IN 46037

4 bd3 ba2,329 sqft$187/ft²
House
View photos & details
4 bedroom house for sale at 15491 Alperton Rd Fishers 46037 - $438,075
New Build
28
$438,075

15491 Alperton Rd

Fishers, IN 46037

4 bd3 ba2,329 sqft$188/ft²
House
View photos & details
4 bedroom house for sale at 16018 Meadow Frost Ct Fishers 46037 - $449,999
New BuildPrice Drop −$20K
26
$449,999

16018 Meadow Frost Ct

Fishers, IN 46037

4 bd3 ba2,243 sqft$201/ft²
House
View photos & details
3 bedroom house for sale at 13685 Ruskin Ln Fishers 46037 - $501,465
New Build
16
$501,465

13685 Ruskin Ln

Fishers, IN 46037

3 bd2 ba2,099 sqft$239/ft²
House
View photos & details
5 bedroom house for sale at 14095 Farmstead Dr Fishers 46040 - $689,900
New Listing
83
$689,900

14095 Farmstead Dr

Fishers, IN 46040

5 bd4 ba4,723 sqft$146/ft²
House20,038 sqft lot

F.C. Tucker Company

View photos & details
4 bedroom house for sale at 11388 Selsey Rd Fishers 46040 - $931,094
New Build
3
$931,094

11388 Selsey Rd

Fishers, IN 46040

4 bd5 ba4,304 sqft$216/ft²
House
View photos & details

Looking to buy in Fishers?

Get connected with a local real estate expert — free, no obligation.

Active listings

203

Homes on market

Median list price

$432K

Avg. days on market

16

Days until sale

New this week

170

Newly listed

Price drops:52.7%of listings
Sale-to-list:99.2%

How much do homes cost in Fishers by property type?

How the Fishers, IN market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Fishers, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$449,000$173/sq ft17015 days
Condo / co-op$315,000$167/sq ft1324 days
Townhouse$331,500$167/sq ft667 days

Who lives in Fishers?

American Community Survey estimates for Fishers. U.S. Census ACS, 2023

Population

100,918

Households

36,680

Median income

$128,141/yr

Median age

37.2 years

Owner-occupied

76.1%

Median home value

$370,200

Median gross rent

$1,491/mo

Mean commute

26.1 min

76.1% of occupied homes in Fishers are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $370,200 against Zillow's $444,527 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,491/mo, below Zillow's $1,911/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Fishers?

21 schools tracked · 20,670 students

The largest public schools serving Fishers, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Fishers High School

Grades 9-12 · 3,664 students

Public

Hamilton Southeastern HS

Grades 9-12 · 3,445 students

Public

Hamilton SE Int and Jr High Sch

Grades 5-8 · 1,278 students

Public

Fall Creek Junior High

Grades 7-8 · 1,015 students

Public

Riverside Intermediate School

Grades 5-6 · 865 students

Public

Fall Creek Intermediate School

Grades 5-6 · 864 students

Public

Riverside Junior High

Grades 7-8 · 844 students

Public

Southeastern Elementary School

Grades PK-4 · 828 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Fishers, IN?

Ordered by distance from Fishers, not by size. Compare Fishers side by side with any of them.

Which ZIP codes are in Fishers?

These are the ZIP codes we see on active Fishers listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Fishers housing market FAQ

Is Fishers a buyer's or seller's market?

Fishers, IN is currently a seller's market. That read comes from 1.1 months of supply, homes going under contract in about 16 days, and sellers getting 99.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Fishers?

The typical home in Fishers, IN is worth $444,527 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $430,000, about $172 per square foot.

Is Fishers cheaper than the rest of Indiana?

Fishers's median sale price of $430,000 is 50% higher than the Indiana statewide median of $287,300, and 5% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Fishers?

Homes in Fishers, IN spent a median of 16 days on market before going under contract, versus 26 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Fishers?

At the current 30-year fixed rate of 7.03%, 20% down on a $444,527 home is about $2,373 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $101,705 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $128,141.

Are home prices rising in Fishers?

The typical home value in Fishers, IN held roughly flat 0.3% over the last 12 months, from $442,990 to $444,527 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Fishers?

Fishers ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Fishers?

That depends on your timeline, not on a headline. What the data says today: Fishers, IN is a seller's market with 1.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 19.4x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $444,527, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.