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Foreclosure Homes in Anderson, IN

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Anderson, IN Foreclosures

How much do homes sell for in Anderson, IN?
The average home price is currently $162,825.
In Anderson, IN, how many homes are available?
There are currently 27,989 active home listings available in Anderson.
Whatโ€™s the average rental cost in Anderson, IN?
The average rental price in Anderson is $953.
What is the most expensive home in Anderson, Indiana?
The most expensive home sold in Anderson had a price of $5,117,074.
What is currently the cheapest priced home in Anderson, IN?
The cheapest home for sale in Anderson is priced at $13,814.

Home Value Estimator For Anderson, IN

There are currently 27,989 real estate properties in Anderson, IN, with a median automated valuation model (AVM) price of $153,308.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Anderson, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a homeโ€™s value ahead of the negotiation process. For example, the average home price in Anderson, IN, is $162,825.00, with the most expensive house in Anderson, IN, topping out at $5,117,074.00 and the cheapest home in Anderson, IN, clocking in at $13,814.00. In other words, thereโ€™s something for every potential homebuyer or savvy investor in Anderson, IN!


Rent Prices In Anderson, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Anderson, IN, is on a rollercoaster ride. The average rent price in Anderson, IN, is $953.00. Indeed, when looking to rent in Anderson, IN, you can expect to pay as little as $440.00 or as much as $3,140.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Anderson, IN -- whether itโ€™s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Anderson, IN In 2024

Anderson is located in Madison, Indiana, with an estimated municipal population of 54,765 residents. All of the best foreclosed homes for sale in Anderson are located in the following zip code areas on Foreclosure.com: 46016 46011 46012 46013 46014 46015 46018. The estimated population per square kilometer (.62 miles) in Anderson is 508.


Cost Of Living In Anderson, IN

So, about how much do homes cost in Anderson? The most recent median value of resident-owned homes in Anderson is 71,736. An estimated 56.9 percent of households in Anderson own their homes, with an average family size of 2.94. The median household income in Anderson is 37,038, with10 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Anderson, the median commute time of resident workers (in minutes) is 24.2. And last, but certainly not least, are you looking for homes to rent in Anderson? If so, the average rent price paid by renters in Anderson is 757, according to recent statistics.


Diversity And Demographics In Anderson, Indiana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Anderson, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Anderson is 38.3, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Anderson is 37.7, with an average family size of 2.94.

The percentage of residents who report their race in Anderson is as follows:

White 78%
Black / African American 14.8%
Asian 0.9%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.3%
Other 1.8%

Looking for family-friendly neighborhoods in and/or near Anderson? Or maybe you are searching for 55+ active adult communities in and/or near Anderson?

The percentage of residents who report their age in Anderson is as follows:

Under 10 11.8%
Aged 10-19 12%
20s 14.8%
30s 13.2%
40s 11.3%
50s 12.9%
60s 12.3%
70s 7.5%
80+ 4.3%

Best Schools In Anderson, Indiana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Anderson with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Anderson.


Pros And Cons Of Living In Anderson, Indiana

How do you know that living in -- or moving to -- Anderson is right where you need to be? Perhaps you grew up in Anderson or already live nearby; therefore, the decision to buy a home in Anderson is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Anderson for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Anderson:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a โ€œPros vs. Consโ€ list of what you need in a home and/or neighborhood like Anderson.


Reasons To Move To Anderson, Indiana, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Anderson can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Anderson, meanwhile, can field multiple offers from more qualified buyers.

Anderson, IN Foreclosures


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