How much do homeowners pay a month in Fishers, IN?

Homeowners with a mortgage in Fishers, IN pay a median of $2,111 (±$66) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $748 (±$34).

77.6% of owned homes carry a mortgage.

In Fishers, the median monthly cost with a mortgage went from $1,720 in 2015–2019 to $2,111 in 2020–2024 (+22.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$2,111 (±$66)
Without a mortgage
$748 (±$34)
Owned with a mortgage
77.6%

Monthly owner costs in Fishers

Median selected monthly owner costs, estimate (90% margin of error)
FishersHamilton CountyIndianaUnited States
With a mortgage$2,111 (±$66)$2,133 (±$38)$1,404 (±$5)$1,963
Without a mortgage$748 (±$34)$749 (±$18)$517 (±$3)$638
Owned homes with a mortgage77.6% (±2.5 points)73.3% (±1.1 points)63.6% (±0.3 points)60.6%
Median real estate taxes (a year)$3,680 (±$120)$3,549 (±$60)$1,614 (±$9)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Fishers, the median cost with a mortgage is not measurably different from Hamilton County ($2,133).

It is also higher than in Indiana ($1,404).

It is higher than the national figure ($1,963).

In Hamilton County, Fishers ranks 6 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 30 of 1,564.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Fishers have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,720 (±$51)$2,111 (±$66)+22.7%No measurable change after inflation
Median real estate taxes$2,629 (±$81)$3,680 (±$120)+40.0%Up after inflation
Median home value$264,200 (±$8,176)$391,000 (±$8,661)+48.0%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Fishers

Nearest places with a published estimate, compared with Fishers
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Fishers—$2,111 (±$66)—
Fall Creek Township (Hamilton County)2.1 mi$2,321 (±$77)Higher
Delaware Township (Hamilton County)3.0 mi$1,736 (±$90)Lower
McCordsville5.2 mi$1,774 (±$143)Lower
Noblesville5.5 mi$1,902 (±$71)Lower
Vernon Township (Hancock County)6.4 mi$1,667 (±$79)Lower
Lawrence Township6.6 mi$1,554 (±$53)Lower
Lawrence6.7 mi$1,455 (±$61)Lower
Noblesville Township6.9 mi$1,917 (±$69)Lower

Nearby places with a measurably lower figure: Delaware Township (Hamilton County), IN ($1,736), McCordsville, IN ($1,774), Noblesville, IN ($1,902).

Nearby places with a measurably higher figure: Fall Creek Township (Hamilton County), IN ($2,321).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Hamilton County, place by place

RankPlaceMedian monthly cost with a mortgage
1 (tie)Carmel$2,431 (±$62)
1 (tie)Clay Township (Hamilton County)$2,431 (±$62)
3Fall Creek Township (Hamilton County)$2,321 (±$77)
4Westfield Washington Township$2,228 (±$96)
5Westfield$2,225 (±$94)
6Fishers$2,111 (±$66)
7Noblesville Township$1,917 (±$69)
8Noblesville$1,902 (±$71)
9White River Township (Hamilton County)$1,787 (±$339)
10Wayne Township (Hamilton County)$1,770 (±$138)
11Delaware Township (Hamilton County)$1,736 (±$90)
12Jackson Township (Hamilton County)$1,579 (±$217)

Showing 12 of 17 places in Hamilton County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Fishers

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Fishers beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Fishers, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Fishers, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Fishers

What is the average mortgage payment in Fishers?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Fishers, IN is $2,111 (±$66) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Fishers?

Owners without a mortgage in Fishers pay a median of $748 (±$34) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Fishers gone up?

In Fishers, the median monthly cost with a mortgage went from $1,720 in 2015–2019 to $2,111 in 2020–2024 (+22.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Fishers city, Indiana (place:23278, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related