Hamilton County
Market Report
Current real estate statistics for Hamilton County and the six communities I serve across Hamilton and Boone Counties. Updated monthly with the latest available data and market analysis.
Monthly Market Update
Watch Susan's latest update on what's happening in the Hamilton County housing market.
Hamilton County at a Glance
September 2026 data (Hamilton County SFR). Source: MIBOR Market Insights and EverythingHamiltonCounty.com market coverage.
County average, up from about 12 a year ago
Central Indiana supply is near a decade high, roughly 1.2 months county-wide
Highest YTD median in Central Indiana; annual growth cooled to about 2-4%
Early-September average; buydowns and concessions help stretch buying power
September 2026: Hamilton County Market Update
Stay informed with the latest market data for Hamilton County, Indiana. Updated monthly to help you make confident, data-driven decisions.
Key Takeaways for September 2026
More Choices Than Ever
Active inventory across Hamilton County is up roughly 20% from a year ago, and Central Indiana supply sits near a decade high. Buyers have more selection than they have had in years.
More Time to Decide
Homes are selling in about 18 days on average, up from about 12 a year earlier. That extra time means less pressure and more room to research, compare, and make a confident offer.
Prices Steady, Not Surging
The year-to-date median sale price sits near $474,900, the highest in Central Indiana, but annual growth has cooled to a sustainable 2-4%. This is a return to balance, not a downturn.
Rates Near 6.7%
The 30-year fixed rate is hovering around 6.7% this September. Rate buydowns and seller concessions can stretch buying power, so knowing your number matters more than ever.
Concessions Are Common
Sellers gave concessions in roughly 46% of sales this spring, the highest share on record, usually covering closing costs or repairs. In a more balanced market, asking is not just reasonable, it is smart.
Market Stats for Each City
Detailed metrics for each of the six communities I serve. Compare median prices, days on market, inventory levels, and trends at a glance.
| City | Median Sale Price | YoY Change | Days on Market | Active Inventory |
|---|---|---|---|---|
| Carmel Hamilton County | ~$532,000 | +2.7% | 18 days | ~390 |
| Fishers Hamilton County | ~$430,000 | +7.2% | 16 days | ~525 |
| Noblesville Hamilton County | ~$417,000 | +8.4% | 18 days | ~475 |
| Westfield Hamilton County | ~$495,000 | +4.2% | 13 days | ~400 |
| Zionsville Boone County | ~$750,000 | +5.3% | 9 days | ~190 |
| Whitestown Boone County | ~$390,000 | -1.3% | 25 days | ~190 |
Carmel
Carmel remains Hamilton County's premier suburban market. Medians have eased from their 2025 peak as higher-end inventory builds, though prices are still up modestly year over year. The Arts & Design District and top-ranked school zones keep demand steady, and buyers now have more choices and a little more room to negotiate than they did last spring.
Fishers
Fishers is steady and liquid, with medians holding around $430,000 through the summer and one of the county's largest active inventories. The Nickel Plate District and Geist-area neighborhoods keep drawing buyers, and well-priced homes still move quickly. Year-over-year comparisons vary by source and window, but the takeaway is the same: Fishers remains one of the area's most balanced, active markets.
Noblesville
Noblesville continues to climb, with Redfin's July 2026 figures putting the median at $417,000, up 8.4% year over year. The historic downtown Square, Morse Reservoir, and expanding neighborhoods like Finch Creek keep demand strong. It is a solid pick for buyers who want Hamilton County amenities at a slightly more attainable entry point.
Westfield
Westfield remains one of the county's fastest-growing cities, with medians near $495,000 and homes selling in about 13 days. New construction and demand near Grand Park Sports Campus keep the market moving. Local MLS data shows the second-quarter median crossed $500,000, a sign of sustained momentum.
Zionsville
Zionsville remains the region's premier luxury market. Redfin's August 2026 figures put the median near $750,000, up 5.3% year over year, with homes selling in about nine days. Brick-paved Main Street, top-rated schools, and historic estates continue to attract premium buyers in a tight, high-demand market.
Whitestown
Whitestown is the area's most affordable option and one of its fastest-growing communities, with new construction along the I-65 corridor adding steady supply. Medians sit near $390,000, down slightly year over year as fresh inventory comes online. That combination makes Whitestown a standout for first-time buyers and investors.
Figures are approximate and reflect the most recent available data as of September 2026, compiled from Redfin city market pages (updated August 2026), MIBOR and Indiana REALTORS market data via EverythingHamiltonCounty.com, and local MLS estimates. Metrics can vary by source, reporting window, and home type. For example, Redfin's Carmel median includes all home types and runs higher than single-family-only estimates.
Condos and Townhomes: MIBOR reports condo and townhome medians at the metro level rather than monthly per-city breakouts, so dedicated condo figures for these six communities are not available in the current data. If you are shopping for a condo or townhome, ask Susan for a current, neighborhood-specific comparison drawn from live MLS data.
What the Numbers Mean for Each City
Every market tells a story. Here's what the current data signals for buyers and sellers in each community.
Carmel
+2.7% YoYCarmel remains Hamilton County's premier suburban market. Medians have eased from their 2025 peak as higher-end inventory builds, though prices are still up modestly year over year. The Arts & Design District and top-ranked school zones keep demand steady, and buyers now have more choices and a little more room to negotiate than they did last spring.
Fishers
+7.2% YoYFishers is steady and liquid, with medians holding around $430,000 through the summer and one of the county's largest active inventories. The Nickel Plate District and Geist-area neighborhoods keep drawing buyers, and well-priced homes still move quickly. Year-over-year comparisons vary by source and window, but the takeaway is the same: Fishers remains one of the area's most balanced, active markets.
Noblesville
+8.4% YoYNoblesville continues to climb, with Redfin's July 2026 figures putting the median at $417,000, up 8.4% year over year. The historic downtown Square, Morse Reservoir, and expanding neighborhoods like Finch Creek keep demand strong. It is a solid pick for buyers who want Hamilton County amenities at a slightly more attainable entry point.
Westfield
+4.2% YoYWestfield remains one of the county's fastest-growing cities, with medians near $495,000 and homes selling in about 13 days. New construction and demand near Grand Park Sports Campus keep the market moving. Local MLS data shows the second-quarter median crossed $500,000, a sign of sustained momentum.
Zionsville
+5.3% YoYZionsville remains the region's premier luxury market. Redfin's August 2026 figures put the median near $750,000, up 5.3% year over year, with homes selling in about nine days. Brick-paved Main Street, top-rated schools, and historic estates continue to attract premium buyers in a tight, high-demand market.
Whitestown
-1.3% YoYWhitestown is the area's most affordable option and one of its fastest-growing communities, with new construction along the I-65 corridor adding steady supply. Medians sit near $390,000, down slightly year over year as fresh inventory comes online. That combination makes Whitestown a standout for first-time buyers and investors.
Key Metrics Explained
Median Sale Price
The midpoint of all home sale prices in a given area. Half of homes sold for more, half sold for less. This is generally more reliable than average price, which can be skewed by a few very high or low sales.
Days on Market (DOM)
The average number of days from when a property is listed to when it goes under contract. Lower DOM typically indicates strong buyer demand; higher DOM may signal more negotiating power for buyers.
Active Inventory
The total number of homes currently listed for sale in a given area. Rising inventory gives buyers more options, while low inventory can create competitive bidding situations.
Months of Supply
How long the current inventory would last at the current sales pace. Under 4 months is generally a seller's market; 4-6 months is balanced; over 6 months favors buyers.
Data Sources & Disclaimer
Market data is compiled from publicly available sources including Redfin city and county market reports (August 2026), MIBOR and Indiana REALTORS market data via EverythingHamiltonCounty.com, and Freddie Mac's Primary Mortgage Market Survey for mortgage-rate figures. County-level figures represent the most recent available data as of September 24, 2026. Figures are approximate and may vary by neighborhood, property type, and reporting window. Active inventory counts and days on market are snapshots and change frequently. MIBOR publishes condo and townhome medians at the metro level, so city-specific condo figures are not included in this report.
For a personalized market analysis of your specific property or neighborhood, contact Susan Roberts or schedule a consultation.
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