46016 — Anderson, IN Home Values
Typical home value $87,009 as of June 2026 · 117th of 117 in Indianapolis-Carmel-Anderson, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46016, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46016 compares in the Indianapolis-Carmel-Anderson, IN area
ZIP code 46016 (Anderson, IN) has a typical home value of $87,009 as of June 2026, ranking 117th of 117 ZIP codes tracked in the Indianapolis-Carmel-Anderson, IN area, more expensive than about 1% of ZIP codes in the metro. Prices here have moved +0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +34.0%, from $64,934 in June 2021 to $87,009 in June 2026. Against observed rent, the typical home here sells for 7.5× the annual rent ($961/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Indianapolis-Carmel-Anderson, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Indianapolis.
Population and demographics
ZIP code 46016 has a population of 18,380, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 60.4% White, 21.7% Black or African American, 11.9% Hispanic or Latino, 4.4% two or more races, 0.8% Asian, 0.8% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Excel Center - Anderson | 630 Nichols Ave, Anderson, IN | 0.6 mi |
| Anderson Preparatory Academy | 101 West 29th Street, Anderson, IN | 0.8 mi |
| Anderson Elementary School | 2035 S Raible Ave, Anderson, IN | 1.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 46016?
$87,009 as of June 2026, the latest month Zillow has published observed data for.
Is 46016 an expensive ZIP code in the Indianapolis-Carmel-Anderson, IN area?
46016 ranks 117th of 117 ZIP codes in the Indianapolis-Carmel-Anderson, IN area by typical home value, more expensive than about 1% of ZIP codes in the metro.
How much have home values in 46016 changed over the past year?
+0.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 46016?
The typical home price is 7.5× the observed annual rent in this ZIP code ($961/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 46016?
18,380, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46016?
Excel Center - Anderson (0.6 mi), Anderson Preparatory Academy (0.8 mi), Anderson Elementary School (1.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 46016?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Indianapolis-Carmel-Anderson, IN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.