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Sarah Mitchell

CNESRESABR

Compass Real Estate · Anderson, SC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Anderson, SC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Anderson, SC Housing Market & Real Estate

Leaning buyer's-5.8% YoY

Housing market overview · Updated monthly ·

$242,500median sale price

How is the Anderson, SC housing market right now?

The median home sale price in Anderson, SC is $242,500, down 5.8% year-over-year. Homes sell in an average of 75 days with 213 active listings. The market is currently a leaning buyer's. (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?

Leaning buyer's4.3 months of supply75 avg. days on market

Anderson, SC is currently a leaning buyer's, based on 4.3 months of supply and homes selling in about 75 days. How we determine this →

Homes sold

50

Last 12 weeks

Days on market

75

Average pace

Active listings

213

4.3 months supply

Sale-to-list

97.8%

Below asking

What does the Anderson housing market data show?

Current housing market statistics for Anderson, SC
MetricValue
Median sale price$242,500
Median list price$289,900
Year-over-year price change-5.8%
Average days on market75 days
Active inventory213 listings
Months of supply4.3 months
Sale-to-list price ratio97.8%
Median price per sq ft$147/sq ft
Homes sold (latest month)50
New listings (latest month)79
Listings with a price cut37.1%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Anderson by property type?

How the Anderson, SC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Anderson, SC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$240,000$151/sq ft3975 days
Condo / Co-op$313,000$196/sq ft149 days
Townhouse$248,004$144/sq ft1080 days

Source: Redfin · Updated monthly

The Anderson housing market is currently classified as a leaning buyer's with a median sale price of $242,500. Prices have fallen 5.8% compared to last year, with homes spending an average of 75 days on market, indicating 4.3 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 6.2x provides context for how home values compare to local earning capacity.

Homes for sale in Anderson

There are currently 213 homes listed for sale in Anderson, South Carolina. The median listing price is $290K.

Active listings

213

Homes on market

Median list price

$290K

Avg. days on market

75

Days until sale

New this week

79

Newly listed

Price drops:37.1%of listings
Sale-to-list:97.8%

Who lives in Anderson?

Population

29,563

Median income

$44,321/yr

Median age

33 years

Owner-occupied

51.2%

College grads

27.3%

Avg commute

21.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Anderson?

Zillow home value

$276,880

Zillow rent index

$1,264/mo

Price-to-rent ratio

18.3x

Price-to-income

6.2x

Source: Zillow Research

What is it like to live in Anderson?

Anderson is a community of approximately 30K residents with a median age of 33 years.The median household income is $44,321, which represents a working-class community with solid middle-income opportunities. 27.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 51.2%, showing a blend of owner and renter-occupied properties. The average commute time is 21.5 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?

23 schools tracked · 14,515 students

The largest public schools serving Anderson, SC 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.

T. L. Hanna High

Grades 9-12 · 1,994 students

Public

Westside High

Grades 9-12 · 1,714 students

Public

Robert Anderson Middle

Grades 6-8 · 1,176 students

Public

Pendleton High

Grades 9-12 · 940 students

Public

Midway Elementary

Grades PK-5 · 721 students

Public

The South Carolina Preparatory Academy

Grades 6-12 · 692 students

Charter

Glenview Middle

Grades 6-8 · 667 students

Public

Concord Elementary

Grades PK-5 · 616 students

Public

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, SC?

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 18.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.8% 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 $242,500, down 5.8% from last year.

How long do homes stay on market in Anderson?

Homes typically spend 75 days on market before going under contract.

What is the median income in Anderson?

The median household income is $44,321 per year.

Is Anderson a buyer's or seller's market?

With 4.3 months of supply, Anderson is currently a leaning buyer's.

What is the Zillow home value estimate for Anderson?

The Zillow Home Value Index (ZHVI) for Anderson is $276,880, 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, SC is $313,000, compared to $240,000 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, SC is $240,000 (about $151 per square foot).

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