The story of this market
The typical home in ZIP 46011 sells for about $219,900, or $143 per square foot.
Prices are up +22.2% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 46011 — Anderson
The 46011 housing market shows strong price appreciation, with a 22.2% year-over-year increase in median sale prices. While inventory remains tight, the market is supported by steady demand from local buyers and commuters. Figures for specific tax rates and certain demographic metrics were sourced from the most recent available ACS and local market reports.
This ZIP is well-suited for family buyers and commuters seeking more affordable housing options compared to the Indianapolis suburbs, while offering proximity to regional employment hubs.
Median prices moved up 22.2% year over year.
Homes spend a median of 32 days on market with 3.5 months of supply — a fast-moving market.
97% of listings have cut prices · homes sell at 97.1% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 12.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 46011, Madison County IN
The area is served by the Anderson Community School Corporation, which provides a range of public educational options for local families.
The region is subject to standard Midwestern weather patterns, including potential for severe thunderstorms and occasional flooding in low-lying areas.
The local economy is anchored by manufacturing and healthcare sectors, with ongoing efforts to revitalize the Anderson industrial corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Residents primarily commute via I-69, providing a direct corridor toward the Indianapolis metropolitan employment core.
The area features access to local parks, community sports facilities, and proximity to the White River for outdoor activities.
The rental market is characterized by steady demand from local workers, with a mix of single-family rentals and multi-family complexes.
The economy is driven by manufacturing, healthcare, and retail, with major employers including local medical centers and industrial plants.
The area is served by major highway corridors including I-69, facilitating regional transit.
Ongoing infrastructure improvements are focused on road maintenance and utility upgrades within the city limits.
The Madison County Assessor manages property valuations based on annual market adjustments.
Parcels are subject to Anderson Community School Corporation levies and local municipal utility districts.
Property insurance premiums are generally stable, reflecting the moderate risk profile of the region.
Data retrieved from US Census Bureau ACS profiles for ZCTA 46011.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Private golf facility serving the local community.
Provides recreational access and scenic trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.