Market Overview
Home Prices in Fishers, IN
The median home value in Fishers, IN is $450,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.7% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fishers are priced10% above average. Fishers is part of the Indianapolis-Carmel-Anderson, IN metro area.
Over the past five years, Fishers home values have risen by approximately26.8%, reflecting strong long-term appreciation in this market.
Price History
Fishers Home Price Trend
City Comparison
Fishers vs. National Median
At $450,919, homes in Fishers cost 10% above the national median of $410,000. Buyers in Fishers should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Fishers?
20% Down Payment
$90,184
on $450,919
Monthly P&I
$2,352/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,987/mo
incl. taxes & insurance
Income Needed
$119,480
gross annual (30% rule)
10% Down Option
$45,092
+ PMI applies
Loan Amount (20% dn)
$360,735
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fishers, IN?
The median home value in Fishers is $450,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.7% year-over-year.
How much have home prices changed in Fishers?
Over the past year, home values in Fishers have increased by 1.7%. Over five years, prices have risen approximately 26.8%.
How much do I need to earn to buy a home in Fishers?
To comfortably afford the median home price of $450,919 with a 20% down payment ($90,184) at today's rates (6.8%), you'd need a gross annual income of approximately $119,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Fishers compare to the national average home price?
The national median home value is approximately $410,000. At $450,919, homes in Fishers are 10% above the national average.
What metro area is Fishers part of?
Fishers is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.