Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Fishers is about $382,000 as of Oct 2026, down 4.1% from a year ago. The typical listing is 9% smaller than a year ago, and asking price per square foot is up 6.2%. So the size of homes on the market explains much of the drop. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Only on the right house. Neither side has the upper hand in Fishers right now. The signals split. Compared with 2017–2019 at this time of year, listings spend 16% fewer days on the market, but 35% of sellers have cut their price, against 25% then. The market will not hand you a discount. You have to find it in one specific listing.
Asking price per square foot in Fishers is up 6.2% over the last year. Over five years the pace has been 5.3% a year. Underwrite closer to that than to the last twelve months.
The population in Fishers's ZIP codes grew 8.4% over five years, faster than 80% of the cities we track. Housing grew faster (+10.9%) than households (+9.1%). New supply is keeping up, so rents and prices have competition. Homes for sale are 9% below 2017–2019 at this time of year.
Ranked among the 16 Indiana markets we track:
The median asking price is 16.7% below its Jun 2025 peak. Per square foot, asking prices are at their high. Part of the drop is smaller homes coming to market. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house. Fishers prices have risen in 97 of the last 112 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.
For every 100 homes still for sale, 38 are under contract. In 2017–2019 at this time of year it was 51. The rest are still waiting for a buyer. About 1 in 3 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.
Fishers listings spend a median 45 days on the market. That is 9% shorter than a year ago. There are 274 homes for sale in Fishers. That is 10.5 times the tightest month on record, but below the peak of 343. Supply is growing against last year.
In Fishers, 25 out of every 100 households rent. Most own their home. That share has held steady for five years. Fishers added about 900 renter households in five years. Renter households average 2.2 people. Two and three bedrooms fit the typical renter.
The median Fishers household earns $124,287 a year. Incomes here have grown 3.3% a year since 2019. Home prices have outrun incomes. Locals are being priced out. A typical home costs 3.1 times the median income. Locals can afford to buy here. Your exit buyer can be a local family. At 30% of income, a tenant on the median income can pay about $3,107 a month.
To see what one Fishers address would rent for and cash flow, run it through the app.
Read cash flow versus appreciation and how we read these numbers, then run the numbers on a deal.
The median asking price in Fishers is about $382,000 as of Oct 2026, down 4.1% from a year ago. The typical listing is 9% smaller than a year ago, and asking price per square foot is up 6.2%. So the size of homes on the market explains much of the drop. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Fishers figures cover the 2 ZIP codes with a Fishers mailing address, which can reach past city limits.
Neither side has the upper hand in Fishers right now. We compare Fishers with 2017–2019 at this time of year: 35% of sellers have cut their price, against 25% then; there are 38 pending sales per 100 listings, against 51 then; listings spend 16% fewer days on the market.
The median asking price is 16.7% below its Jun 2025 peak. Per square foot, asking prices are at their high. Part of the drop is smaller homes coming to market. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house.
Across 9 full years, Fishers asking prices ran lowest in January, about 3.3% below the year's average. They peaked in May. The most homes for sale show up in October, about 21% above the yearly average.
Assume +5.3% a year. Fishers has grown about 5.3% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices rose 6.2% over the last year. Use it for timing. The five-year rate is the better guide.
HUD's fiscal year 2026 fair market rent for Hamilton County is $1,473 a month for 2 bedrooms and $1,907 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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