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Featured local agent — Vincennes, IN
Sarah Mitchell
Compass Real Estate · Vincennes, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Vincennes, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$134,000median sale price
How is the Vincennes, IN housing market right now?
The median home sale price in Vincennes, IN is $134,000, down 23.9% year-over-year. Homes sell in an average of 27 days with 33 active listings. The market is currently a balanced 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 Vincennes a buyer's or seller's market?
Vincennes, IN is currently a balanced market, based on 2.5 months of supply and homes selling in about 27 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
27
Average pace
Active listings
33
2.5 months supply
Sale-to-list
95.8%
Below asking
What does the Vincennes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $134,000 |
| Median list price | $128,950 |
| Year-over-year price change | -23.9% |
| Average days on market | 27 days |
| Active inventory | 33 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 95.8% |
| Median price per sq ft | $121/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 18 |
| Listings with a price cut | 36.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Vincennes by property type?
How the Vincennes, 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 | $134,000 | $121/sq ft | 13 | 27 days |
| Condo / Co-op | $231,500 | $124/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Vincennes housing market is currently classified as a balanced market with a median sale price of $134,000. Prices have fallen 23.9% compared to last year, with homes spending an average of 27 days on market, indicating 2.5 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 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Vincennes
There are currently 33 homes listed for sale in Vincennes, Indiana. The median listing price is $129K.
Active listings
33
Homes on market
Median list price
$129K
Avg. days on market
27
Days until sale
New this week
18
Newly listed
Who lives in Vincennes?
Population
16,676
Median income
$50,238/yr
Median age
38 years
Owner-occupied
48.2%
College grads
16.1%
Avg commute
15.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Vincennes?
Zillow home value
$172,478
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Vincennes?
Vincennes is a community of approximately 17K residents with a median age of 38 years.The median household income is $50,238, which represents a working-class community with solid middle-income opportunities. 16.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 48.2%, showing a blend of owner and renter-occupied properties. The average commute time is 15.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Vincennes offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Vincennes?
9 schools tracked · 3,867 students
The largest public schools serving Vincennes, 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.
Lincoln High School
Grades 9-12 · 711 students
South Knox Elementary School
Grades K-6 · 663 students
George Rogers Clark School
Grades 6-8 · 582 students
South Knox Middle-High School
Grades 7-12 · 580 students
Tecumseh-Harrison Elementary Sch
Grades K-5 · 394 students
Benjamin Franklin Elementary Sch
Grades K-5 · 391 students
Francis Vigo Elementary School
Grades PK-5 · 286 students
James Whitcomb Riley Elem Sch
Grades K-5 · 161 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 Vincennes, IN?
Want a head-to-head view? Compare Vincennes side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Vincennes?
The median home sale price in Vincennes is $134,000, down 23.9% from last year.
How long do homes stay on market in Vincennes?
Homes typically spend 27 days on market before going under contract.
What is the median income in Vincennes?
The median household income is $50,238 per year.
Is Vincennes a buyer's or seller's market?
With 2.5 months of supply, Vincennes is currently a balanced market.
What is the Zillow home value estimate for Vincennes?
The Zillow Home Value Index (ZHVI) for Vincennes is $172,478, representing the typical home value in the area.
What is the median condo price in Vincennes?
The median condo/co-op sale price in Vincennes, IN is $231,500, compared to $134,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Vincennes?
The median single-family home price in Vincennes, IN is $134,000 (about $121 per square foot).
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