$99,900
2511 S Ruston Ave
Evansville, IN
3 bd1 ba925 sqft$108/ft²
House7,405 sqft lot
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Sarah Mitchell
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Compass Real Estate · Evansville, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Evansville, IN(512) 555-0184TX License #0512847
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5.0 · 47 reviews
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Evansville, IN Housing Market & Real Estate
Strong seller's market+11.2% YoY
Housing market overview · Updated monthly ·
$183,500median sale price
How is the Evansville, IN housing market right now?
The median home sale price in Evansville, IN is $183,500, up 11.2% year-over-year. Homes sell in an average of 9 days with 310 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — 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?
Strong seller's market1.9 months of supply9 avg. days on market
Evansville, IN is currently a strong seller's market, based on 1.9 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
167
Last 12 weeks
Days on market
9
Fast-moving
Active listings
310
1.9 months supply
Sale-to-list
98.6%
Below asking
What does the Evansville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $183,500 |
| Median list price | $179,450 |
| Year-over-year price change | +11.2% |
| Average days on market | 9 days |
| Active inventory | 310 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $138/sq ft |
| Homes sold (latest month) | 167 |
| New listings (latest month) | 161 |
| Listings with a price cut | 29.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Evansville by property type?
How the Evansville, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $179,950 | $137/sq ft | 148 | 8 days |
| Condo / Co-op | $222,250 | $156/sq ft | 16 | 34 days |
Source: Redfin · Updated monthly
The Evansville housing market is currently classified as a strong seller's market with a median sale price of $183,500. Prices have risen 11.2% compared to last year, with homes spending an average of 9 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Evansville
There are currently 310 homes listed for sale in Evansville, Indiana. The median listing price is $179K. Featured listings range from $99,900 to $292,000.
$112,000
1216 S Boeke Rd
Evansville, IN
3 bd2 ba1,088 sqft$103/ft²
House6,534 sqft lot
View photos & details
$126,000
1131 Loft Cv
Evansville, IN
1 bd1 ba660 sqft$191/ft²
Condo
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$155,000
2172 Enlow Ave
Evansville, IN
2 bd1 ba768 sqft$202/ft²
House7,405 sqft lot
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$159,000
2607 Hawthorne Ave
Evansville, IN
3 bd1 ba1,014 sqft$157/ft²
House7,405 sqft lot
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$169,900
932 Joan Ave
Evansville, IN
3 bd1 ba1,080 sqft$157/ft²
House7,405 sqft lot
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$179,000
1222 Vann Ave
Evansville, IN
2 bd2 ba1,119 sqft$160/ft²
House10,454 sqft lot
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$179,000
3103 W Virginia St
Evansville, IN
2 bd1 ba977 sqft$183/ft²
House5,663 sqft lot
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$215,000
3314 Renee Dr Cmn
Evansville, IN
2 bd2 ba1,393 sqft$154/ft²
Condo
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$232,500
5119 Kratzville Rd
Evansville, IN
Land9.30 acres
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$235,000
812 Audubon Dr
Evansville, IN
3 bd2 ba1,605 sqft$146/ft²
House7,405 sqft lot
View photos & details
$292,000
3622 Hartford Pl Cmn
Evansville, IN
3 bd2 ba1,652 sqft$177/ft²
House10,019 sqft lot
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Looking to buy in Evansville?
Get connected with a local real estate expert — free, no obligation.
Active listings
310
Homes on market
Median list price
$179K
Avg. days on market
9
Days until sale
New this week
161
Newly listed
Price drops:29.3%of listings
Sale-to-list:98.6%
Who lives in Evansville?
Population
116,441
Median income
$52,251/yr
Median age
38.1 years
Owner-occupied
53.9%
College grads
22.3%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Evansville?
Zillow home value
$206,632
Zillow rent index
$1,038/mo
Price-to-rent ratio
16.6x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Evansville?
Evansville is a community of approximately 116K residents with a median age of 38.1 years.The median household income is $52,251, which represents a working-class community with solid middle-income opportunities. 22.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 53.9%, showing a blend of owner and renter-occupied properties. The average commute time is 18.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Evansville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Evansville?
41 schools tracked · 22,075 students
The largest public schools serving Evansville, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
North High School
Grades 9-12 · 1,643 students
Francis Joseph Reitz High School
Grades 9-12 · 1,321 students
William Henry Harrison High School
Grades 9-12 · 1,209 students
Central High School
Grades 9-12 · 1,126 students
North Junior High School
Grades 7-8 · 930 students
McCutchanville Elementary School
Grades PK-6 · 914 students
Benjamin Bosse High School
Grades PK-12 · 826 students
Highland Elementary School
Grades K-5 · 818 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Evansville, IN?
Want a head-to-head view? Compare Evansville side-by-side with any other U.S. city using our market-comparison tool.
Is Evansville a good real estate investment market?
For investors evaluating Evansville, the price-to-rent ratio of 16.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 11.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Evansville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Evansville's median home price.
Frequently asked questions
What is the average home price in Evansville?
The median home sale price in Evansville is $183,500, up 11.2% from last year.
How long do homes stay on market in Evansville?
Homes typically spend 9 days on market before going under contract.
What is the median income in Evansville?
The median household income is $52,251 per year.
Is Evansville a buyer's or seller's market?
With 1.9 months of supply, Evansville is currently a strong seller's market.
How many homes are for sale in Evansville?
There are currently 310 homes listed for sale in Evansville, IN.
What is the Zillow home value estimate for Evansville?
The Zillow Home Value Index (ZHVI) for Evansville is $206,632, representing the typical home value in the area.
What is the median condo price in Evansville?
The median condo/co-op sale price in Evansville, IN is $222,250, compared to $179,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Evansville?
The median single-family home price in Evansville, IN is $179,950 (about $137 per square foot).
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