Canal Place, Fishers, IN
Canal Place — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Canal Place, Fishers, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Canal Place Neighborhood Overview
Canal Place is a residential neighborhood located in the vibrant city of Fishers, Indiana, within the 46037 ZIP code. The community offers a suburban atmosphere with convenient access to the amenities of one of Indiana's fastest-growing cities. Its coordinates place it centrally within the broader Fishers area.
Lifestyle & Amenities
Residents enjoy a family-friendly suburban lifestyle with easy access to Fishers' extensive parks, trails, and recreational facilities. The area is served by numerous shopping centers, restaurants, and entertainment options, including the nearby Nickel Plate District. Community events and a focus on outdoor activities contribute to a high quality of life.
Real Estate Market
The real estate market in Canal Place is characterized by single-family homes, with a high homeownership rate of 82%. The median home value is $373,200, with a price per square foot around $168.3, and properties spend an average of 138 days on the market, indicating a steady pace.
Schools & Education
Canal Place is served by the highly-rated Hamilton Southeastern Schools district, known for its strong academic programs. Families in the area have access to a range of public schools from elementary through high school. The community's high median household income often correlates with strong parental involvement in education.
Transportation & Connectivity
The neighborhood provides excellent connectivity via major roads like I-69 and State Road 37, facilitating commutes to Indianapolis and other employment centers. Local streets are designed for safe, walkable access within the community. Public transportation options are available through the local transit network.
Why Choose Canal Place
Canal Place offers an attractive blend of upscale suburban living, top-tier schools, and economic stability, as reflected in its high median household income of $132,272. The strong sense of community and access to Fishers' amenities make it a desirable location for families and professionals. It represents a sound investment in a thriving and well-connected suburb.
Canal Place Market Data
| Metric | Value |
|---|---|
| Median Home Price | $373K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $132K |
| Homeownership Rate | 82.5% |
| Renter-Occupied | 17.5% |
| Rental Vacancy Rate | 8.2% |
| Market Type | Buyer's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 46037 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Canal Place, Fishers
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Canal Place, Fishers, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15