Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Anderson is about $151,000 as of Oct 2026, down 23.2% from a year ago. The typical listing is 15% smaller than a year ago, and asking price per square foot is up 0.8%. So the size of homes on the market explains much of the drop. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Yes, if you negotiate. Buyers have more room in Anderson than usual. Compared with 2017–2019 at this time of year, 25% of sellers have cut their price, against 18% then, and there are 34 pending sales per 100 listings, against 43 then. Sellers are competing harder for you than they used to. Use it.
Anderson asking prices per square foot were above the year before in 88% of months since the data starts. Within a year, the cheapest and priciest months differ by about 23.1%. That is bigger than the yearly trend, so timing your purchase matters here. Nothing in Anderson's numbers is far from its own normal. Your return comes from the property and the price you negotiate.
Across 9 full years, Anderson asking prices ran lowest in April, about 12.8% below the year's average. They peaked in October. The most homes for sale show up in October, about 19% above the yearly average. Shop in October for choice, and expect the softest asking prices in April.
The median asking price is 25.2% below its Sep 2025 peak. Per square foot the gap is smaller: 5.1% below the Jan 2025 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Anderson prices have risen in 98 of the last 112 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
The discount is already here. It is not getting bigger. Buy now while sellers are still weak. Waiting for a lower price stopped working a year ago.
In Anderson, 35 out of every 100 households rent. Most own their home. That share has held steady for five years. Renter households average 2.1 people. Singles and couples rent here. Two bedrooms beat four.
Households grew 5% in five years. The housing stock shrank 1%. Demand is outrunning supply. 10.4% of homes sit empty. Tenants have options. Budget extra weeks of vacancy between leases.
The median Anderson household earns $55,876 a year. Incomes here have grown 4.2% a year since 2019. Home prices have outrun incomes. Locals are being priced out. A typical home costs 2.7 times the median income. Locals can afford to buy here. Your exit buyer can be a local family. At 30% of income, a tenant on the median income can pay about $1,397 a month.
To see what one Anderson address would rent for and cash flow, run it through the app.
Ranked among the 16 Indiana markets we track:
Read when a cheap market is a warning and how we read these numbers, then run the numbers on a deal.
The median asking price in Anderson is about $151,000 as of Oct 2026, down 23.2% from a year ago. The typical listing is 15% smaller than a year ago, and asking price per square foot is up 0.8%. So the size of homes on the market explains much of the drop. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Anderson figures cover the 7 ZIP codes with an Anderson mailing address, which can reach past city limits.
Buyers have more room in Anderson than usual. We compare Anderson with 2017–2019 at this time of year: 25% of sellers have cut their price, against 18% then; there are 34 pending sales per 100 listings, against 43 then; there are 15% more homes for sale.
The median asking price is 25.2% below its Sep 2025 peak. Per square foot the gap is smaller: 5.1% below the Jan 2025 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.
Assume +6.7% a year. Anderson grew 9.2% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Anderson grows about 6.7% a year. That is the number to type in. Prices rose 0.8% over the last year. Use it for timing. The five-year rate is the better guide.
HUD's fiscal year 2026 fair market rent for Madison County is $1,206 a month for 2 bedrooms and $1,594 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
Anderson has seven ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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