Homes in Fishers For Sale – The Facts

So, you are looking into buying Fishers houses for sale or maybe another town in Indiana?

Here are some nifty little facts that might swing your interest towards purchasing Fishers houses for sale. When reading through these points, remember: yes this means Fishers and Hamilton County will be higher priced than other areas for you initial investment, but the resale value will also be much higher than other locations. Thinking ahead could be your make or break point.

When comparing Hamilton County and Marion County, Indiana, we find out a few great things…

• The total housing units in 2008 in Hamilton County totaled 99,139 with 74.9% of those being owner occupied. Marion County’s unit total for the same year was 417,870 with only 52.1% owner occupied.
  • Why is this important? Having more owner occupied homes in an area will generally increase the value of the overall area. While this does not necessarily mean every neighborhood will be highly valued, this will generally be the case.
• The total number of housing units that were sold in 2009 in Hamilton County was 4,660 with 65.9% of them being over $150,000. Marion County sold 11,385 homes in 2009, but only 18.6% of them were over $150,000.
  • Who cares? Well, this one is pretty much a no-brainer… if the houses are worth more in Hamilton County, they may be sold for more later.
• In terms of size, 50.5% of the homes sold in 2009 in Hamilton County had more than 2,400 square feet. Conversely, only 21.8% of the homes sold in the same year in Marion County were 2,400 square feet or more.
  • So what? Yet another no-brainer. More square feet equals more value and eventually price when you resell.

Let’s drill a little deeper and compare Fishers, Indiana to the rest of Hamilton County, which reveals even more…

• The average listing price for Fishers houses for sale is $293,142. This is more than $70,000 higher than Hamilton County’s total average of $220,193.
  • Why should you care? If you have read the above facts, you can see that this sets Fishers completely apart from not only from Marion County, but also from the rest of Hamilton County.
• The median list price of the 723 homes in Fishers for sale is $224,746, while Hamilton County’s 8,282 properties listed for sale have a median price of $148,304. Then compare that to Indiana’s 33,118 total listed properties, which have a median price of $137,727.
  • What does that mean? Simply that Fishers is the place you want to be if you will ever sell your home(s). Living there will generally set your future value higher than anywhere else in Indiana.

If you are now convinced and ready to begin your search for Fishers houses for sale, please fill out our Home Finder today!