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Madison County Courthouse in AndersonPhoto: Nyttend · Public domain
Housing in Anderson

732 homes sold in Anderson in the last year, at a typical $151K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Anderson homes are listed.

Homes sold
732
June 2025 to May 2026
Typical sale price
$151K
houses $145K · condos $194K
Price per square foot
$97
Indiana $148
Paid vs. asking
96.6%
20% sold over asking
For sale now
191
May 2026 · 72 sold that month
What sold · last 12 months

9% of Anderson’s sales are condos, at $49K more than a house

628 houses and 68 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$145K

typical sale · 628 sold in 12 months

Per square foot
$93IN $148
Days to sell
25
Sold over asking
21%
Listings with a price cut
38%
Condos$194K

typical sale · 68 sold in 12 months

Per square foot
$130IN $160
Days to sell
36
Sold over asking
12%
Listings with a price cut
44%
Fewer sales

Multi-family (2–4 units): 36 sold, typical $141K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.5 times the 2016 price

732 sales in the last year, against 956 in 2021 and a low of 619 in 2014. The typical sale went from $61K in 2016 to $151K.

Homes soldTypical sale price
02505007501000$50K$100K$150K$200K2012: 624 sold, typical $41K’122013: 630 sold, typical $49K2014: 619 sold, typical $52K’142015: 627 sold, typical $57K2016: 694 sold, typical $61K’162017: 752 sold, typical $67K2018: 771 sold, typical $74K’182019: 733 sold, typical $77K2020: 739 sold, typical $93K’202021: 956 sold, typical $112K2022: 922 sold, typical $121K’222023: 775 sold, typical $134K2024: 699 sold, typical $139K’242025: 728 sold, typical $151KLast 12 months: 732 sold, typical $151KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Anderson

Houseat $93 a sq ft
Condoat $130 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Anderson homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Anderson are more common than before the pandemic, with about as many homes for sale

We read every month of Anderson’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 732 sales.

If you’re buying in Anderson

  • Shop in August. It brings about 92 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • You can negotiate. 37% of listings have cut their price, against 23% before the pandemic.
  • Offer under asking. Buyers paid 96.6% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 26 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 92 a month), but June is the most competitive: 25% of June sales close over asking. February has the least competition (14%).

New listings a monthShare sold over asking
023.847.571.39513%27%40%Sweet spotJan: 56 new listings a month, 17% sold over asking, 48 days to sellJFeb: 57 new listings a month, 14% sold over asking, 57 days to sellFMar: 71 new listings a month, 18% sold over asking, 47 days to sellMApr: 76 new listings a month, 19% sold over asking, 39 days to sellAMay: 86 new listings a month, 22% sold over asking, 26 days to sellMJun: 83 new listings a month, 25% sold over asking, 22 days to sellJJul: 86 new listings a month, 23% sold over asking, 18 days to sellJAug: 92 new listings a month, 17% sold over asking, 26 days to sellASep: 88 new listings a month, 22% sold over asking, 23 days to sellSOct: 76 new listings a month, 19% sold over asking, 26 days to sellONov: 63 new listings a month, 19% sold over asking, 27 days to sellNDec: 48 new listings a month, 16% sold over asking, 36 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

Anderson now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price20%14%30%19%
Gone within two weeksShare of homes under contract within 14 days39%33%53%37%
Listings with a price cutShare of homes for sale that cut their price37%23%27%33%
Price paid vs. askingAverage sale price ÷ list price96.6%94.2%97.1%97.7%
Days to sellMedian days from listing to contract26381335
Supply

163 homes for sale on a typical day

That’s 1.7 times the 2021 low (98), about the 2017–19 level and well under 2012’s 424.

2012: 424 for sale’122013: 378 for sale2014: 376 for sale2015: 304 for sale’152016: 276 for sale2017: 213 for sale2018: 167 for sale’182019: 159 for sale2020: 101 for sale2021: 98 for sale’212022: 131 for sale2023: 117 for sale2024: 134 for sale’242025: 150 for saleLast 12 months: 163 for saleNow
Room to negotiate

1 in 3 listings has cut its price

37% in the last year, against 23% in 2017–19 and 33% across Indiana. More sellers are pricing high and coming down.

2015: 20%’152016: 23%2017: 22%2018: 27%’182019: 21%2020: 24%2021: 27%’212022: 32%2023: 34%2024: 34%’242025: 36%Last 12 months: 37%Now
Prices by type

Since 2019, houses are up 93%, condos 51%

A house typically sold for $145K in the last year (628 sales), a condo for $194K (68).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $44K, 562 salesHouses 2014: $49K, 541 salesHouses 2015: $53K, 540 salesHouses 2016: $59K, 609 salesHouses 2017: $66K, 669 salesHouses 2018: $74K, 696 salesHouses 2019: $75K, 678 salesHouses 2020: $94K, 670 salesHouses 2021: $111K, 889 salesHouses 2022: $119K, 858 salesHouses 2023: $131K, 695 salesHouses 2024: $136K, 626 salesHouses 2025: $146K, 630 salesHouses last 12 months: $145K, 628 salesHouses $145KCondos 2013: $86K, 51 salesCondos 2014: $86K, 59 salesCondos 2015: $81K, 67 salesCondos 2016: $101K, 57 salesCondos 2017: $104K, 56 salesCondos 2018: $115K, 38 salesCondos 2019: $129K, 29 salesCondos 2020: $151K, 27 salesCondos 2021: $167K, 24 salesCondos 2022: $182K, 16 salesCondos 2023: $204K, 42 salesCondos 2024: $195K, 37 salesCondos 2025: $185K, 66 salesCondos last 12 months: $194K, 68 salesCondos $194K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Indiana

Anderson ranks 59th of 132 busy Indiana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Anderson is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Anderson home costs about $893 a month

Mortgage
Property tax
Insurance
Rent

Price: Anderson’s typical sale, last 12 months. Property tax at Anderson’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Anderson is affordable on local pay is on Cost of living.

Before you buy in Anderson

Six things worth knowing

92

New listings in August

The month with the most choice. December has the fewest, about 48.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $151K home, about $1,270 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Anderson, from test results, graduation and how much students grow.

Schools in Anderson
25 min

Typical commute

The average one-way trip to work for people who live in Anderson.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Edgewood, Chesterfield, Pendleton and Lapel for far more

The busier markets within 25 miles of Anderson, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Anderson732$151K$9720%26
Pendleton94$324K$1667%49
Lapel43$268K$15712%51
Middletown34$163K$10818%22
Chesterfield31$148K$12432%22
Edgewood30$225K$12730%18
Daleville22$164K$9823%36

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Anderson, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Anderson. People who follow the town see it, and so do people comparing Anderson with their own town. No commission, no listing fee.

Questions about buying a home in Anderson

What do homes sell for in Anderson, IN?

732 homes sold in the year to May 2026 at a typical $151K, $97 a square foot. Houses sold for about $145K, condos for about $194K.

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

A seller’s market: 191 homes were for sale in May 2026 and 72 sold, about 2.7 months of supply. Buyers paid 96.6% of asking on average, and 37% of listings cut their price.

When is the best time to buy in Anderson?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Anderson?

About 0.8% of a home’s value a year. On a $151K home that’s near $1,270.

Where can I see homes for sale in Anderson?

Zillow, Redfin, Realtor.com and Homes.com all carry Anderson’s MLS listings; the search links above open each one filtered to Anderson.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).