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Featured local agent — Evansville, AR

Sarah Mitchell

CNESRESABR

Compass Real Estate · Evansville, AR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Evansville, AR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Evansville, AR Housing Market & Real Estate

Seller's market

Housing market overview · Updated monthly ·

$40,700median sale price

How is the Evansville, AR housing market right now?

The median home sale price in Evansville, AR is $40,700. Homes sell in an average of 47 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of August 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Evansville a buyer's or seller's market?

Seller's market1.0 months of supply47 avg. days on market

Evansville, AR is currently a seller's market, based on 1.0 months of supply and homes selling in about 47 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

47

Average pace

Active listings

1

1.0 months supply

Sale-to-list

82.2%

Below asking

What does the Evansville housing market data show?

Current housing market statistics for Evansville, AR
MetricValue
Median sale price$40,700
Average days on market47 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio82.2%
Median price per sq ft$41/sq ft
Homes sold (latest month)1
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Evansville by property type?

How the Evansville, AR market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Evansville, AR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$40,700$41/sq ft147 days

Source: Redfin · Updated monthly

The Evansville housing market is currently classified as a seller's market with a median sale price of $40,700. Prices have fallen 0.0% compared to last year, with homes spending an average of 47 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Evansville

There are currently 1 homes listed for sale in Evansville, Arkansas.

Active listings

1

Homes on market

Avg. days on market

47

Days until sale

Sale-to-list:82.2%

Who lives in Evansville?

Population

39

Owner-occupied

100.0%

Source: U.S. Census Bureau ACS

What is it like to live in Evansville?

Evansville is a community of approximately 0K residents with a diverse population.0

Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Evansville offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near Evansville, AR?

Want a head-to-head view? Compare Evansville side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Evansville?

The median home sale price in Evansville is $40,700, down 0.0% from last year.

How long do homes stay on market in Evansville?

Homes typically spend 47 days on market before going under contract.

Is Evansville a buyer's or seller's market?

With 1.0 months of supply, Evansville is currently a seller's market.

How much does a single-family home cost in Evansville?

The median single-family home price in Evansville, AR is $40,700 (about $41 per square foot).

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