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Featured local agent — Anderson, IN
Sarah Mitchell
Compass Real Estate · Anderson, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Anderson, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$153,150median sale price
How is the Anderson, IN housing market right now?
The median home sale price in Anderson, IN is $153,150, down 3.7% year-over-year. Homes sell in an average of 17 days with 191 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Anderson a buyer's or seller's market?
Anderson, IN is currently a balanced market, based on 2.7 months of supply and homes selling in about 17 days. How we determine this →
Homes sold
72
Last 12 weeks
Days on market
17
Fast-moving
Active listings
191
2.7 months supply
Sale-to-list
95.5%
Below asking
What does the Anderson housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $153,150 |
| Median list price | $150,950 |
| Year-over-year price change | -3.7% |
| Average days on market | 17 days |
| Active inventory | 191 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 95.5% |
| Median price per sq ft | $92/sq ft |
| Homes sold (latest month) | 72 |
| New listings (latest month) | 100 |
| Listings with a price cut | 43.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Anderson by property type?
How the Anderson, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $137,500 | $86/sq ft | 58 | 17 days |
| Condo / Co-op | $210,000 | $123/sq ft | 9 | 46 days |
Source: Redfin · Updated monthly
The Anderson housing market is currently classified as a balanced market with a median sale price of $153,150. Prices have fallen 3.7% compared to last year, with homes spending an average of 17 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.9x provides context for how home values compare to local earning capacity.
Homes for sale in Anderson
There are currently 191 homes listed for sale in Anderson, Indiana. The median listing price is $151K.
Active listings
191
Homes on market
Median list price
$151K
Avg. days on market
17
Days until sale
New this week
100
Newly listed
Who lives in Anderson?
Population
54,930
Median income
$47,221/yr
Median age
38.2 years
Owner-occupied
55.5%
College grads
16.1%
Avg commute
25.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Anderson?
Zillow home value
$138,938
Zillow rent index
$1,054/mo
Price-to-rent ratio
11.0x
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Anderson?
Anderson is a community of approximately 55K residents with a median age of 38.2 years.The median household income is $47,221, which represents a working-class community with solid middle-income opportunities. 16.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.5%, showing a blend of owner and renter-occupied properties. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Anderson offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Anderson?
11 schools tracked · 7,189 students
The largest public schools serving Anderson, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Anderson High School
Grades 9-12 · 1,722 students
Highland Middle School
Grades 7-8 · 935 students
Anderson Preparatory Academy
Grades K-12 · 843 students
Eastside Elementary School
Grades K-5 · 565 students
Tenth Street Elementary School
Grades K-5 · 518 students
Erskine Elementary School
Grades K-5 · 474 students
Anderson Elementary School
Grades K-5 · 462 students
Edgewood Elementary School
Grades PK-5 · 457 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Anderson, IN?
Want a head-to-head view? Compare Anderson side-by-side with any other U.S. city using our market-comparison tool.
Is Anderson a good real estate investment market?
For investors evaluating Anderson, the price-to-rent ratio of 11.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 3.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Anderson's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Anderson's median home price.
Frequently asked questions
What is the average home price in Anderson?
The median home sale price in Anderson is $153,150, down 3.7% from last year.
How long do homes stay on market in Anderson?
Homes typically spend 17 days on market before going under contract.
What is the median income in Anderson?
The median household income is $47,221 per year.
Is Anderson a buyer's or seller's market?
With 2.7 months of supply, Anderson is currently a balanced market.
What is the Zillow home value estimate for Anderson?
The Zillow Home Value Index (ZHVI) for Anderson is $138,938, representing the typical home value in the area.
What is the median condo price in Anderson?
The median condo/co-op sale price in Anderson, IN is $210,000, compared to $137,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Anderson?
The median single-family home price in Anderson, IN is $137,500 (about $86 per square foot).
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