Is Anderson, IN 46017 a buyer’s or seller’s market?
Anderson is a seller’s market. With about 1.2 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 74% of U.S. ZIP codes, and #43 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Anderson housing market right now
In the three months ending August 31, 2026, 31% of homes in Anderson, IN 46017 sold above their list price, the typical home went under contract in 19 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold more slowly (11 days then) and the median sale price rose 6% to $194,416. Overall, Anderson is more competitive than a year ago, so tougher for buyers.
Within Madison County, homes here sell faster than in 54% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Anderson ranks #43 of 306 IN ZIP codes with enough sales (score 70 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) is even more competitive.
Run the numbers for 46017
Nearby markets
Alexandria 46001Seller’s market $97 /sq ftAnderson 46011Seller’s market $128 /sq ftAnderson 46012Seller’s market $126 /sq ftAnderson 46013Seller’s market $132 /sq ft Browse all markets →Towns like Anderson nearby
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Questions about Anderson real estate
Is Anderson a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in Anderson, IN 46017 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Anderson?
The typical home went under contract in 19 days in the latest three months.
Do homes in Anderson sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Anderson?
About 0.74% of a home’s value a year in Madison County, or roughly $2,960 on a $400,000 home.
What is the median home price in Anderson?
The median sale price was $194,416 in the three months ending August 31, 2026, about $154 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology