Zip Code:

46016, Anderson, IN

46016 is a Indiana Zip code within the city of Anderson and the county of Madison County. Its population is roughly 18,046.

The Real Estate Market in the 46016 Zip Code of Anderson, Indiana.

Anderson, Indiana is located in the 46016 zip code. According to the 2010 census, Anderson has a population of 22,868 people. The median household income in Anderson is $60,521 and the median family income is $70,919.

The average home value in Anderson is $137,000. The percentage of homes that are owner-occupied is 68%. The percentage of homes that are renter-occupied is 32%. The median age of homeowners in Anderson is 44 years old and the median age of renters is 27 years old.

According to Zillow’s Home Value Index for zip codes within 50 miles of Indianapolis (which includes Anderson), the home values in this area have increased by an average of 8% from 2009 to 2016. This means that over this time period, the home values in this area have increased faster than the national average (Zillow). This indicates that there may be opportunities for buyers who are looking for affordable housing options within close proximity to major metropolitan areas like Indianapolis.

Despite these positive trends, it should be noted that there can be significant fluctuations in home values due to a variety of factors including market conditions and local events (Zillow). Therefore, it’s important for buyers and sellers to do their research before making any decisions about purchasing or selling a home in this area.

Price Index: Indianapolis-Carmel-Anderson, IN

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