Evansville, IN Home Values & Market Trends

Real estate market trends reflect that there have been 3,602 transactions over the past year in Evansville. The median value for residential home transactions that occurred over the previous year is $199,231. The number of current listings in Evansville is 3,569, and the percentage of properties for sale in the city is 3569.00%. Evansville, IN currently has 256 properties in foreclosure, 19 bank owned properties, 62 properties headed for auction, and 3,569 properties for sale.

Evansville, IN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
47711

$ 177,450

$ 146/sqft

47710

$ 172,183

$ 134/sqft

47714

$ 139,357

$ 126/sqft

47713

$ 80,000

$ 65/sqft

47715

$ 250,866

$ 159/sqft

47720

$ 268,859

$ 172/sqft

47725

$ 330,330

$ 172/sqft

47708

$ 211,411

$ 198/sqft

47712

$ 183,028

$ 148/sqft

Housing Market Summary for Evansville, IN

Oct 2025October 2026Change
Median Listing Price$189K$197.8K4.65%
Median Sold Price$212.9K$183.2K-13.98%
Homes For Sale2,6173,56536.22%
Homes Sold1,456985-32.35%
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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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Browse Homes in Evansville, IN

Evansville home values range from $10,564 to $2,499,000. The median estimated value of a home in Evansville is $199,231. The median list price of a home is 197,791, and the total count of properties in the city is 5,052.

Foreclosure
There are 9 zips within Evansville, IN; within these zips, the median estimated home value for homes in foreclosure ranges from $710,163 in 47711 to the lowest value of $29,064 in 47711. Foreclosure homes account for 5.00% of properties in Evansville, IN with 47711 containing 68 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 3.46% of all residential properties in Evansville, IN with 47711 containing 50 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 $301,913 in 47725 to the lowest home value of $29,064 in 47711.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Evansville, IN ranges from the highest value of $130,000 in 47715 to the lowest value of $38,524 in 47710. Bank owned homes and properties account for 0.38% of properties in Evansville, IN. There are 9 zips within Evansville, IN; 47712 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    47711 has 15 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 1.23% 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 $308,957 in 47725 to the lowest value of $64,503 in 47725.
Homes for Sale
Homes and properties that are actively listed for sale account for 70.65% of residential properties in Evansville, IN with 47711 containing 732 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 $292,679 in 47708 to the lowest value of $10,564 in 47710.
    Sold Homes
    The median value for recently sold homes ranges from $454,029 in 47708 to the lowest price of $12,017 in 47708. There are 9 zips within Evansville, IN. 47711 has 208 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 19.22% of properties in Evansville, IN.

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      Guide for Evansville, IN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.