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FISHERS, IN 46038

Real Estate Market Report  ·  Hamilton County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 46038

Anchorage · Carefree Estates · Cottingham Estates · Fall Creek Harbour · Geist Bay Estates · Hawthorn Hills · Loma Industrial Park · Lynnwood Hills · Masthead · New Britton · Roxbury · Sandstone Lakes · Springdale Estates · Spyglass Hill · Tamenend · Tanglewood (Tanglewood Estates) · The Pines · Tremont · Windermere Pointe · Windjammer Bay

Market Analysis

Data as of March 2026. Source: Realtor.com.

The FISHERS, IN real estate market (46038) currently shows 96 active listings, with 51 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 34 days last year.

The median listing price has risen 6.8% year-over-year, from $350,000 to $373,725.

Whether you are buying or selling in FISHERS, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 43,112  ·  Density: 1,072.9/mi²  ·  Median household income: $105,057

Typical home value: $272,472  ·  Homeownership: 70.0%

Market Overview

Active Listings
96
⇧ 33.3% vs 72 last year
Pending
51
53% pending ratio
Median Price
$373,725
⇧ 6.8% vs $350,000 last year
Average Price
$408,643
⇧ 2.4% vs $398,952 last year
Days on Market
31
⇩ 8.8% vs 34 days last year

Price Per Square Foot

Median $/sqft
$177
⇧ 5.4% vs $168/sqft last year
Median Home Size
2,064 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 72 last year
  • Days on market: 31 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $373,725 (+6.8% YoY)
  • Average: $408,643 (+2.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.9 miles — 1,062 listings ($439,558,561 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46038Fishers, IN 460380.0 mi97$39,008,647$360,000$402,151
46037Fishers, IN 460373.9 mi148$105,239,396$453,700$711,077
46250Indianapolis, IN 462505.2 mi38$15,298,116$307,425$402,582
46236Indianapolis, IN 462365.9 mi73$35,611,444$364,750$487,828
46216Indianapolis, IN 462167.0 mi12$4,471,452$385,000$372,621
46290Indianapolis, IN 462908.0 mi6$3,820,440$549,900$636,740
46055Mccordsville, IN 460558.2 mi102$50,026,614$390,000$490,457
46220Indianapolis, IN 462208.4 mi98$39,717,048$336,700$405,276
46235Indianapolis, IN 462359.2 mi106$26,168,220$252,450$246,870
46260Indianapolis, IN 462609.9 mi72$39,093,408$304,750$542,964
46048Ingalls, IN 4604811.1 mi7$1,525,419$237,500$217,917
46205Indianapolis, IN 4620511.5 mi143$53,616,277$302,950$374,939
46218Indianapolis, IN 4621811.9 mi160$25,962,080$149,950$162,263

Frequently Asked Questions

How many homes are for sale in FISHERS, IN 46038?

As of March 2026, there are 96 active listings in FISHERS, IN (zip code 46038), compared to 72 the prior year.

What is the median home price in FISHERS, IN 46038?

The median listing price in FISHERS, IN 46038 is $373,725 as of March 2026, a 6.8% increase from $350,000 the prior year.

How long do homes stay on the market in FISHERS, IN?

Homes in FISHERS, IN 46038 spend an average of 31 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in FISHERS, IN 46038?

Based on current inventory and days-on-market data as of March 2026, FISHERS, IN 46038 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 34 days last year.

How much can I save on real estate commission in FISHERS, IN?

With SELL123.com's maximum 3% commission, sellers in FISHERS, IN 46038 save an estimated $7,475 compared to a typical 5% commission on the median listing price of $373,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.