Wednesday Feb 14, 2024

Fishers IN House Listing Prices

In today's episode, we'll be taking a closer look at the housing market in Fishers, Indiana, located in the Indianapolis Metropolitan Area.
 
Fishers, Indiana is a popular location for homebuyers due to its proximity to Indianapolis and its high quality of life. According to recent data, the median home listing price in Fishers IN is three hundred four thousand dollars, which is slightly lower than the national average. However, the average house price in Fishers is four hundred one thousand one hundred nineteen dollars, which is significantly higher than the median listing price. This suggests that there is a high demand for homes in this area, which is driving up prices.
 
Homes in Fishers have a median square footage of 2,027, which is slightly larger than the national average. The median listing price per square foot is $151, which is also higher than the national average. This suggests that homes in Fishers are more expensive on a per square foot basis than homes in other areas.
 
Currently, there are 3,695 active home listings on the market in the Indianapolis Metropolitan Area, which includes Fishers. Homes in this area stay on the market for a median of 57 days, which is slightly longer than the national average. This suggests that the housing market in Fishers is relatively stable, with homes selling at a steady pace.
 
So, what does this mean for homebuyers and investors? If you're looking to buy a home in Fishers, you can expect to pay a premium for the high quality of life and proximity to Indianapolis. However, the stable housing market suggests that homes in this area are a good long-term investment.
 
If you're an investor looking to buy property in Fishers, you may want to consider purchasing a rental property. With a high demand for homes in this area, you can expect to find tenants quickly and generate a steady stream of rental income.
 
Overall, the housing market in Fishers, Indiana is strong and stable, with high demand for homes and a steady pace of sales. Whether you're a homebuyer or an investor, this area is definitely worth considering. Thanks for tuning in to the Financial Advisor podcast, and we'll see you next time.
 

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