Mitch's Weekly Market Report

Fishers, IN 46038

Single-Family Homes

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Fishers, IN 46038

Mon Jun 16 2025
This week the median list price for Fishers, IN 46038 is $425,000 with the market action index hovering around 77. This is less than last month's market action index of 87. Inventory has held steady at or around 31. Click here to stay informed with the Fishers market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Fishers, IN 46038

Mon Jun 16 2025
This week the median list price for Fishers, IN 46038 is $425,000 with the market action index hovering around 77. This is less than last month's market action index of 87. Inventory has held steady at or around 31. Click here to stay informed with the Fishers market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Fishers market.
Median List Price $425,000
Median Price of New Listings $415,000
Per Square Foot $185
Average Days on Market 32
Median Days on Market 21
Price Decreased 39%
Price Increased 0%
Relisted 0%
Inventory 31
Median Rent
Market Action 77
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$735,000 3,380 0.25 - 0.5 acre 3 2.5 31 1 0 35
$462,450 3,473 0.25 - 0.5 acre 4 2.5 26 2 4 21
$399,950 2,345 8,000 - 10,000 sqft 4 2.5 26 2 0 7
$340,000 1,566 8,000 - 10,000 sqft 3 2 31 2 4 7