Is Fishers, IN 46038 a buyer’s or seller’s market?
Fishers is a seller’s market. With about 1.5 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 80% of U.S. ZIP codes, and #24 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Fishers housing market right now
In the three months ending August 31, 2026, 28% of homes in Fishers, IN 46038 sold above their list price, the typical home went under contract in 10 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 188 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 35%, homes sold more slowly (5 days then) and the median sale price fell 1% to $369,740. Overall, Fishers is less competitive than a year ago, which gives buyers more room.
Within Hamilton County, homes here sell faster than in 82% of the county’s ZIP codes, and sell more often over asking than in 73%. On our competition score, Fishers ranks #24 of 306 IN ZIP codes with enough sales (score 75 out of 100).
Nearby, buyers who want less competition could look at Cicero 46034 (12% sold over asking) or Atlanta 46031 (13% sold over asking), while Carmel 46033 (35% sold over asking) and Indianapolis 46280 (32% sold over asking) are even more competitive.
Run the numbers for 46038
Nearby markets
Arcadia 46030Seller’s market $179 /sq ftAtlanta 46031Seller’s market $165 /sq ftCarmel 46032Seller’s market $218 /sq ftCarmel 46033Seller’s market $185 /sq ft Browse all markets →Towns like Fishers nearby
Find towns like Fishers in other states →Where Fishers is
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Questions about Fishers real estate
Is Fishers a buyer’s or seller’s market?
A seller’s market: there were 1.5 months of supply in Fishers, IN 46038 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fishers?
The typical home went under contract in 10 days in the latest three months.
Do homes in Fishers sell over asking?
28% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Fishers?
About 0.88% of a home’s value a year in Hamilton County, or roughly $3,520 on a $400,000 home.
What is the median home price in Fishers?
The median sale price was $369,740 in the three months ending August 31, 2026, about $170 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology