Similar to other places in this area, it is significantly less expensive compared to the entire nation. Compared to the city of Springfield however, it is a bit less expensive.
Home prices
The median home in Anderson is valued at $86,800. In comparison to its surrounding areas it is about $3,240 (3%) higher.It is approximately $130,700 (60%) lower compared to the rest of the country, and it is about $31,300 (26%) lower compared to the city of Springfield.
Rents
In Anderson the median monthly rent is $698. This is approximately $91 (14%) higher compared to its surrounding areas.It is roughly $364 (34%) lower in comparison to the entire country, and in comparison to the city of Springfield is approximately $46 (6%) lower.
Nearby places
Pineville
Pineville is Anderson's neighbor to the southeast. Its housing prices are a bit more expensive. The median home in Pineville costs $98,600, which comes out to $11,800 (11%) higher than Anderson. Rents there are somewhat less expensive. In Pineville the median rent is $578 per month, which comes out to $120 (20%) lower than Anderson.
Lanagan
Lanagan is about 3 miles south of Anderson. Housing prices there are substantially less expensive. The median home in Lanagan is valued at $47,500, which comes out to $39,300 (82%) lower than Anderson. Its rents are significantly less expensive. In Lanagan the median rent is $442 per month, which works out to $256 (57%) lower than Anderson.
Goodman
Goodman is roughly 6 miles north from Anderson. The real estate prices there are somewhat less expensive. Goodman's median home price is $66,600, which comes out to $20,200 (30%) lower than Anderson. Its rents are similar. Goodman's median monthly rent is $666, which is $32 (4%) lower than Anderson.
Noel
Noel is roughly 8 miles south from Anderson. Housing prices there are a bit less expensive. The median home value in Noel is $69,400, which comes out to $17,400 (25%) lower than Anderson. Rent there is substantially less expensive. In Noel the median monthly rent is $526, which is $172 (32%) lower than Anderson.
Jane
Jane is about 10 miles southeast from Anderson. Its real estate prices are significantly more expensive. The median home in Jane costs $135,700, which is $48,900 (36%) higher than Anderson. Rent there is a little more expensive. The median rent in Jane is $825 a month, which comes out to $127 (15%) higher than Anderson.