Homes in Anderson
Home prices around Anderson have risen about 42% over the past 5 years.
Home prices up 42% in 5 years
The federal house price index for the ZIP code around Anderson rose 42% over the past 5 years, slower than across South Dakota (50%). Last year prices rose 3.3%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Anderson, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,210
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Sioux Falls, SD HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Anderson vs. its neighbors
The towns that share a border with Anderson. Tap one to see its housing page.
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| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Anderson | — | +3.3%† | $1,210 | — | $145,556 |
| Split Rock | $500K* | +3.3%† | $1,190 | — | $147,717 |
| Sioux Falls | $332K | +1.3% | $1,200 | 1,834 | $75,970 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Anderson buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.