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Land and home values in Anderson, IN

Anderson is a city in Madison County, Indiana, home to about 55,367 people. Residential land runs about $1.96 per sq ft, the typical home is worth about $134,000, and a 2-bedroom rents for about $1,200 a month, as of October 12, 2026.

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Values in Anderson

Land: residential$1.96per sq ft
Land: residential$85,334per acre
Land: quarter-acre lot$21,33410,890 sq ft
Home: typical (median)$134,000value
Home: entry-level$46,300lower quartile
Home: upper-end$134,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$916per month
Rent: 2-bedroom$1,200per month
Rent: 3-bedroom$1,600per month
Rent: 4-bedroom$1,600per month
Gross yield, 2-bed10.7%a year

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Questions people ask

How much is land worth in Anderson, IN?

Residential land in Anderson, IN is about $1.96 per square foot, or $85,334 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $21,334. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Anderson, IN?

The typical (median) home in Anderson, IN is worth about $134,000, with entry-level homes around $46,300 and upper-end homes around $134,000, as of October 2026.

How much is rent in Anderson, IN?

A 2-bedroom rents for about $1,200 a month in Anderson, IN, a 1-bedroom about $916 and a 3-bedroom about $1,600 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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