Fishers, IN — Momentum Score, Home Values & Best-For

All states·Indiana·Fishers

Hamilton County · Indianapolis-Carmel-Anderson · population 103,986

Fishers, IN
Image: Wikipedia · Fishers, Indiana
OverviewCost of livingMoving guide
View watchlist →
69
Rising
Momentum score · 0–100

Where Fishers stands

At or near all-time high.

Median home $446,903
1-year +1.4%
5-yr CAGR +5.6%
vs 5-yr peak -0.0%
Population +1.2%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-02$447k$232k$309k$387k$465k201620182020202220242026

Lifestyle scores

🚶
Walkability
40/100
Car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
30/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
82/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,786/mo$1,305$1,608$1,912202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent131129100120202220242026

Rent vs buy

Price-to-rent ratio: 20.9
Lean rent

At a 20.9 price-to-rent ratio, the math is starting to lean toward renting in Fishers. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
57 · w22%
Home 5-yr CAGR
68 · w22%
Distance from peak
90 · w18%
Population growth
69 · w16%
Rent YoY
60 · w12%
Home 10-yr CAGR
68 · w10%
Long thesis

Fishers is a Rust Belt market with +1.2% population growth — a rare combination. You're buying real housing for less than the cost of a coastal studio in a city the data says is finally turning.

Short thesis

Fishers's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Fishers

Fishers is a city in Hamilton County, Indiana, with an estimated population of 103,986. It anchors the Indianapolis-Carmel-Anderson metro area. The population grew 1.2% annually from 2020 to 2024, a moderate gain. The median home value in Fishers is $446,903 as of 2026-04, up 1.4% over the last 12 months. Over the last five years, home values have averaged +5.6% annual growth, with prices at or near the 5-year peak. Rents in Fishers average $1,786 per month, roughly flat year-over-year (+2.2%). The composite momentum score is 69 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Healthy 5-year run: +5.6% annualized over 5 years, outpacing US inflation.
●Net positive migration: population up 1.2% per year — demand fundamentals are intact.
●Held the highs: currently -0.0% from the 5-year peak — this market refused to give back gains.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Fishers (Wikipedia)

Fishers is a city in the Fall Creek and Delaware townships in Hamilton County, Indiana, United States. As of the 2020 census the population was 98,677. A northside suburb of Indianapolis, Fishers has grown rapidly in recent decades: about 350 people lived there in 1963, 2,000 in 1980, and only 7,500 as recently as 1990.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorScott Fadness (R)
Area38.15 sq mi
Elevation827 ft
Platted1872 established_title1 = Incorporated (

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Hamilton County right now.

NWS active alerts (IN)Indiana Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Hamilton County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Fishers

Noblesville, IN73 · RisingGreenwood, IN69 · RisingWest Lafayette, IN69 · RisingLawrence, IN66 · Rising

Run the numbers for Fishers

ToolCan I afford Fishers?Income → city shortlistToolROI on a Fishers rentalCap rate, cash-on-cash, DSCRToolCompare Fishers to anywhereSide-by-side up to 3 citiesToolFishers cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
35° / 19°
avg high / low
Summer (Jul)
85° / 64°
avg high / low
Sunny days/yr
186
~51% of year
Annual precip
42″ rain
20″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Low
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Indianapolis-Carmel-Anderson area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Fishers listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
72%
Humid climate
Median household income
$67,200
Indiana state median
Top industries (state-level)
Manufacturing (auto)HealthcareLogistics

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Fishers

Explore other places with comparable momentum or affordability.

See all Indiana cities →    Browse best-of lists →