ZIP Code 46012 — Anderson, IN Home Prices (2026)
The typical home in ZIP 46012 (Anderson, Indiana) is worth about $188,000 at roughly $136 per square foot — 2% more expensive than the Anderson median and 36% more affordable than the typical U.S. home.
How 46012 compares
ZIP 46012 is one of the pricier ZIP codes in Anderson: its typical home value of $188,000 ranks #2 of the 4 Anderson ZIP codes we track (the citywide range runs from $84,000 in 46016 to $214,000 in 46011). Per square foot it costs about $136, against $132 for Anderson as a whole, $155 for Indiana, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 46012 | $188,000 | $136 |
| Anderson, IN | $184,500 | $132 |
| Indiana | $237,000 | $155 |
| United States | $294,000 | $195 |
Home value by size in 46012
Using this ZIP’s rate of about $136 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $136,000 |
| 1,500 sq ft | $204,000 |
| 2,000 sq ft | $272,000 |
| 2,500 sq ft | $340,000 |
| 3,000 sq ft | $408,000 |
Salary needed to buy a home in ZIP 46012
To buy the typical $188,000 home in ZIP 46012 with 20% down, you need a household income of roughly $51,000 a year (about $1,190 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $61,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $9,400 | $1,480/mo | $64,000/yr |
| 10% (+PMI) | $18,800 | $1,420/mo | $61,000/yr |
| 20% | $37,600 | $1,190/mo | $51,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 46012
At about $136 per square foot, here is roughly how much home different budgets get you in ZIP 46012:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1100 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1470 sq ft | around the typical home here |
| $250k | 1840 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 2210 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2940 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 46012 home.
Estimate a specific home in 46012
The estimator below is pre-set to ZIP 46012 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Anderson ZIP codes by home value
Where 46012 sits among Anderson’s 4 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 46011 | $214,000 | $143 |
| 2 | 46012 (this page) | $188,000 | $136 |
| 3 | 46013 | $181,000 | $127 |
| 4 | 46016 | $84,000 | $82 |
ZIP 46012 home prices: frequently asked
What is the average home price in ZIP code 46012? +
What is the price per square foot in 46012? +
What salary do you need to buy a house in ZIP 46012? +
Is 46012 an expensive ZIP code? +
See the full Anderson home values page, all Indiana cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.