Evansville - IN housing market

The typical home value ($228,373) is the Zillow Home Value Index for the Evansville - IN metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.8% over the past year. In Evansville - IN, that means a home worth $220,013 last year is now worth roughly $228,373.

The median sale price, what homes actually close for, is $225,641. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.

Homes listed in Evansville - IN sit on the market for roughly 14 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 419 new listings hit the market each month in Evansville - IN. There are currently 1,167 homes for sale, up 11.4% from a year ago.

The typical monthly rent in Evansville - IN is $1,120, up 5.4% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 17.0x, toss-up (#97 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $1,180 a month in principal and interest, $60 more than renting before taxes, insurance and upkeep. The two break even at a 6.21% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →