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FISHERS, IN 46038

Real Estate Market Report
Balanced Market
February 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 February 2026. Source: Realtor.com.

The FISHERS, IN real estate market (46038) currently shows 97 active listings, with 54 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 52 days on market compared to 57 days last year.

The median listing price has risen 3.2% year-over-year, from $348,750 to $360,000.

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
97
⇧ 19.8% vs 81 last year
Pending
54
56% pending ratio
Median Price
$360,000
⇧ 3.2% vs $348,750 last year
Average Price
$402,151
⇧ 6.7% vs $376,880 last year
Days on Market
52
⇩ 8.8% vs 57 days last year

Price Per Square Foot

Median $/sqft
$181
⇧ 5.8% vs $171/sqft last year
Median Home Size
2,038 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 97 this year vs 81 last year
  • Days on market: 52 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $360,000 (+3.2% YoY)
  • Average: $402,151 (+6.7% 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 — 1,026 listings ($419,027,544 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46038Fishers, IN 460380.0 mi96$37,825,728$360,000$394,018
46037Fishers, IN 460373.9 mi145$103,370,065$444,900$712,897
46250Indianapolis, IN 462505.2 mi41$16,780,685$335,000$409,285
46236Indianapolis, IN 462365.9 mi67$34,588,884$371,250$516,252
46216Indianapolis, IN 462167.0 mi10$3,450,610$385,000$345,061
46290Indianapolis, IN 462908.0 mi5$3,658,700$549,900$731,740
46055Mccordsville, IN 460558.2 mi92$43,219,852$397,250$469,781
46220Indianapolis, IN 462208.4 mi90$37,804,590$349,900$420,051
46235Indianapolis, IN 462359.2 mi104$26,131,352$249,700$251,263
46260Indianapolis, IN 462609.9 mi64$32,620,352$300,000$509,693
46048Ingalls, IN 4604811.1 mi7$2,350,481$262,450$335,783
46205Indianapolis, IN 4620511.5 mi143$51,351,443$304,950$359,101
46218Indianapolis, IN 4621811.9 mi162$25,874,802$150,000$159,721

Frequently Asked Questions

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

As of February 2026, there are 97 active listings in FISHERS, IN (zip code 46038), compared to 81 the prior year.

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

The median listing price in FISHERS, IN 46038 is $360,000 as of February 2026, a 3.2% increase from $348,750 the prior year.

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

Homes in FISHERS, IN 46038 spend an average of 52 days on the market before going under contract, compared to 57 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 February 2026, FISHERS, IN 46038 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 57 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 $7,200 compared to a typical 5% commission on the median listing price of $360,000. 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.