Commercial Real Estate Market in Anderson, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
115 active listings and 4,098 off-market properties in Anderson, IN. Commercial property asks $65/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Anderson, IN spans 150.9 square miles in Madison County, Indiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Anderson, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Anderson, IN has a median asking sale price of $67/SF (based on 3 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Anderson, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Anderson, IN has a median asking sale price of $62/SF (based on 6 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 62.7%
- Industrial 24.9%
- Commercial 11.8%
Largest Zones share of zoned land by district
Anderson, IN zones 22,916 acres across 14 districts. Commercial zoning covers 11.8% of zoned land, residential 62.7% and industrial 24.9%. The largest single district is Residential District at 45.8%. For commercial buyers the practical constraint is that only 36.7% of land carries a commercial or industrial designation.
RICTS AND GENERAL PROVISIONS Districts Established General Provisions Page 33 - 7/25/2024 Districts Established A) The city is classified and divided into 16 districts designated as follows: R1- Residential District R2 - Residential District R3 - Residential District R4 - Residential District B1 - Local Business District B2 - General Business District B3…
Market overview
Demographics & Economy
Anderson, IN has 78,090 residents in 37,636 households. Density runs 517 people per square mile. Median household income here is $56,457 and median gross rent $940 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Anderson?
How much does it cost to lease commercial space in Anderson?
What zoning applies to commercial property in Anderson?
Where does Realmo's Anderson market data come from?
Methodology & data sources
- Asking prices and medians
- There are 71 active for-sale and 44 active for-lease listings in Anderson, IN. The medians are based on 13 of the for-sale and 10 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 22,916 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
