Is Anderson, IN 46016 a buyer’s or seller’s market?

The Anderson housing market right now

In the three months ending August 31, 2026, 16% of homes in Anderson, IN 46016 sold above their list price, the typical home went under contract in 46 days and there were 5.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 65 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (15% then), homes sold more slowly (34 days then) and the median sale price rose 7% to $99,956. Overall, Anderson is about as competitive as it was a year ago.

Within Madison County, homes here sell more slowly than in 77% of the county’s ZIP codes, and sell less often over asking than in 54%. On our competition score, Anderson ranks #294 of 306 IN ZIP codes with enough sales (score 25 out of 100).

Nearby, buyers who want less competition could look at Summitville 46070 (0% sold over asking) or Orestes 46063 (0% sold over asking), while Frankton 46044 (50% sold over asking) and Anderson 46011 (32% sold over asking) are even more competitive.