The housing market in 46016 Anderson, IN is very attractive for home buyers. The median value of housing is $64,700 which is significantly lower than the US House Median Value of $338,100. Additionally, house appreciation in this area over the past year has been 13.98% compared to 8.27% nationally. This makes Anderson, IN an ideal place for those looking to purchase a home and enjoy a healthy rate of return on their investment.
The median home cost in Anderson (zip 46016) is $64,700. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Anderson (zip 46016) is up 18.4%.
Average Age of Homes
- The median age of Anderson (zip 46016) real estate is 72 years old
The Rental Market in Anderson (zip 46016)
- Renters make up 41.5% of the Anderson (zip 46016) population
- 4.2% of houses and apartments in Anderson (zip 46016), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.