Anderson, IN—46011
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Anderson, IN
As of Oct '25, the median home price in Anderson, IN is $205,000, with a year-over-year change of 4.7%. This indicates that home prices in Anderson, IN are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | 4.7% |
| Single Family | $205,000 | 5.1% |
| Condos | $218,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $158,000 | 4.6% |
3 Bed | $203,000 | 4.6% |
4 Bed | $278,000 | 4.9% |
| 5 Bed | $367,000 | 5.2% |
% of Housing Stock
Rental Trends — Anderson, IN
As of July '25, Rentcast reports the average rent in Anderson, IN is $1,150, with a year-over-year rent change of -7.3%. Per bedroom, the median rent as of July '25 in Anderson, IN is 1-bedrooms: $915, 2-bedrooms: $1,130, 3-bedrooms: $1,230, 4-bedrooms: $1,400. The most common rental property sizes in Anderson, IN are 3-bedroom and 2-bedroom, accounting for 42.2% and 37.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $915 |
| 2 Bed Rent | $1,200 | $1,130 |
| 3 Bed Rent | $1,200 | $1,230 |
| 4 Bed Rent | $1,400 | $1,400 |
% of Rental Stock
Property Listings — Anderson, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Anderson, IN is 43. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $302,000 | 18.0% |
Listing Count | 55 | -5.0% |
| Listings as % of Homes | 0.7% | -5.0% |
Days on Market | 43 | 16.0% |
Demographics — Anderson, IN
As of the latest ACS Survey released in 2023, Anderson, IN has a population of 17,100, which has decreased by -2.0% over the past 5 years. Anderson, IN is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,100 | -2.0% |
% Under 18 | 21.5% | 2.4% |
% Seniors | 23.0% | 8.0% |
% WFH | 12.6% | 207.3% |
% w/ College Degree | 26.4% | 18.4% |
As of the latest ACS Survey released in 2023, Anderson, IN is a predominantly white area, with 79.5% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Anderson, IN is black, making up 8.5% of the population. Foreign-born residents account for 1.6% of the population in Anderson, IN, and this percentage has increased by 6.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.5% | 0.3% |
% Black | 8.5% | -42.6% |
% Hispanic | 6.3% | 162.5% |
% Asian | 0.6% | 100.0% |
% Foreign Born | 1.6% | 6.7% |
Mortgage and Risk — Anderson, IN
According to HUD data as of 2023, there were 384 mortgage originations in Anderson, IN, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Anderson, IN. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 384 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Anderson, IN
As of 2024, the percent of homes in Anderson, IN under the Section 8 program is 10.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Anderson, IN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 123 |
Total Units Section 8 | 107 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $850 | $1,040 |
| 2 Bedroom | $20 | $1,200 | $1,220 |
| 3 Bedroom | $390 | $1,200 | $1,590 |
| 4 Bedroom | $520 | $1,400 | $1,920 |
Affordability — Anderson, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $205,000 |
| Median Household Income | $77,600 |