Evansville IN Real Estate Market Trends & Home Values

Evansville

Evansville, IN Home Values & Market Trends

Real estate market trends reflect that there have been 4,493 transactions over the past year in Evansville. The median value for residential home transactions that occurred over the previous year is $217,786. The number of current listings in Evansville is 609, and the percentage of properties for sale in the city is 609.00%. Evansville, IN currently has 188 properties in foreclosure, 19 bank owned properties, 45 properties headed for auction, and 609 properties for sale.

Evansville, IN Real Estate Market Overview

Zip	Median Est. Value	Zip	Median Est. Value
47711	$ 198,825 $ 140/sqft	47710	$ 169,747 $ 124/sqft
47714	$ 158,821 $ 117/sqft	47713	$ 187,830 $ 112/sqft
47725	$ 338,543 $ 159/sqft	47720	$ 197,569 $ 134/sqft
47715	$ 227,230 $ 150/sqft	47708	$ 222,209 $ 187/sqft
47712	$ 206,510 $ 131/sqft

Housing Market Summary for Evansville, IN

	Jun 2024	May 2025	Change
Median Listing Price	$174.3K	$200K	14.75%
Median Sold Price	$185.9K	$190.3K	2.34%
Homes For Sale	457	613	34.14%
Homes Sold	2,018	2,092	3.67%

Price

$/Sqft

Homes For Sale

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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Evansville, IN

Recently Sold

$254,515

Sold Price

3 beds

1 baths

2,102 sqft

223,463 sqft lot

700 N Peerless Rd, Evansville, IN 47712

Recently Sold

$109,700

Sold Price

6700 Brewster Ln, Evansville, IN 47715

Recently Sold

$174,000

Sold Price

6743 Craftsman Dr, Evansville, IN 47715

Browse Homes in Evansville, IN

Evansville home values range from $20,000 to $1,875,000. The median estimated value of a home in Evansville is $217,786. The median list price of a home is 200,000, and the total count of properties in the city is 3,123.

Foreclosure

There are 9 zips within Evansville, IN; within these zips, the median estimated home value for homes in foreclosure ranges from $323,500 in 47710 to the lowest value of $30,149 in 47710. Foreclosure homes account for 6.00% of properties in Evansville, IN with 47714 containing 48 foreclosures, the highest number of foreclosure properties in a single zip.

Pre-Foreclosure
Pre-foreclosure homes account for 3.97% of all residential properties in Evansville, IN with 47714 containing 30 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 9 zips within Evansville, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $298,900 in 47715 to the lowest home value of $30,149 in 47710.
Bank Owned
The median estimated home value of bank owned homes (REO properties) in Evansville, IN ranges from the highest value of $237,530 in 47715 to the lowest value of $39,904 in 47710. Bank owned homes and properties account for 0.61% of properties in Evansville, IN. There are 9 zips within Evansville, IN; 47710 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
Auctions
47711 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Evansville, IN. Auction homes and other auction properties account for 1.44% of all properties in Evansville, IN. There are 9 zips within Evansville, IN; of those zips, the median estimated home value for homes going to auction ranges from $331,162 in 47725 to the lowest value of $66,256 in 47725.

Homes for Sale

Homes and properties that are actively listed for sale account for 19.50% of residential properties in Evansville, IN with 47711 containing 136 homes for sale, the highest number of listed properties in a single zip. There are 9 zips within Evansville, IN; homes for sale in those zips, have a range of median values from $1,396,545 in 47725 to the lowest value of $25,000 in 47711.

Sold Homes

The median value for recently sold homes ranges from $432,863 in 47708 to the lowest price of $20,000 in 47708. There are 9 zips within Evansville, IN. 47714 has 419 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 68.46% of properties in Evansville, IN.

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