The housing market in Anderson, IN is quite strong compared to the national average. The median value of a house in Anderson is $113,600, which is significantly lower than the US median of $338,100. In the last year, the US housing appreciation rate was 8.27%, however Anderson's housing appreciation rate was 13.98%. This indicates that homes in Anderson are in high demand and appreciated at a much faster rate than other parts of the country. Overall, it appears that Anderson is an attractive place for potential homebuyers who are looking for good value and strong investment potential.
The median home cost in Anderson is $113,600. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Anderson is up 18.4%.
Average Age of Homes
- The median age of Anderson real estate is 57 years old
The Rental Market in Anderson
- Renters make up 35.7% of the Anderson population
- 2.8% of houses and apartments in Anderson, 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.