Evansville - IN housing market
The Evansville metro has a typical home value of $226,753, up 3.8% from a year ago. Homes are moving fast at 10 days on market - a strong seller's market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($226,753) 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 $218,452 last year is now worth roughly $226,753.
The median sale price , what homes actually close for , is $220,632. Homes are selling at 97.6% of list price, meaning buyers have room to negotiate.
Homes listed in Evansville - IN sit on the market for roughly 10 days before going pending. Shorter = seller's market; longer = buyer's market.
About 23.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 415 new listings hit the market each month in Evansville - IN. There are currently 1,099 homes for sale, up 14.0% from a year ago.
The typical monthly rent in Evansville - IN is $1,087, up 6.6% year over year. For investors, the price-to-rent ratio here is roughly 17x 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.
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Other metros in IN
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Indianapolis - IN | $295,921 | +1.3% | 11.0d |
| Fort Wayne - IN | $259,816 | +2.9% | 8.0d |
| South Bend - IN | $238,866 | +5.7% | 9.0d |