Evansville - IN housing market
The Evansville metro has a typical home value of $229,634, up 3.8% from a year ago. Homes are moving fast at 13 days on market, a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($229,634) 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 $221,227 last year is now worth roughly $229,634.
The median sale price , what homes actually close for , is $220,459. Homes are selling at 98.0% of list price, meaning buyers have room to negotiate.
Homes listed in Evansville - IN sit on the market for roughly 13 days before going pending. Shorter = seller's market; longer = buyer's market.
About 25.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 420 new listings hit the market each month in Evansville - IN. There are currently 1,146 homes for sale, up 13.7% from a year ago.
The typical monthly rent in Evansville - IN is $1,077, up 5.2% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.
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.
Protect what you own.
We take a referral cut when you complete a purchase - at no cost to you.
Sponsored links. See our affiliate disclosure.
Other metros in IN
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Indianapolis - IN | $297,385 | +1.1% | 11.0d |
| Fort Wayne - IN | $262,029 | +3.0% | 7.0d |
| South Bend - IN | $242,671 | +6.0% | 9.0d |