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Featured local agent — Evansville, MN
Sarah Mitchell
Compass Real Estate · Evansville, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Evansville, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$200,000median sale price
How is the Evansville, MN housing market right now?
The median home sale price in Evansville, MN is $200,000, down 33.1% year-over-year. Homes sell in an average of 63 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 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?
Evansville, MN is currently a leaning buyer's and homes selling in about 63 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
63
Average pace
Active listings
—
Sale-to-list
99.7%
Below asking
What does the Evansville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $200,000 |
| Year-over-year price change | -33.1% |
| Average days on market | 63 days |
| Sale-to-list price ratio | 99.7% |
| Median price per sq ft | $118/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Evansville by property type?
How the Evansville, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $200,000 | $118/sq ft | 2 | 63 days |
Source: Redfin · Updated monthly
The Evansville housing market is currently classified as a leaning buyer's with a median sale price of $200,000. Prices have fallen 33.1% compared to last year, with homes spending an average of 63 days on market.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 7.2x provides context for how home values compare to local earning capacity.
Homes for sale in Evansville
Explore homes currently listed for sale in Evansville, Minnesota across major real estate platforms.
Who lives in Evansville?
Population
631
Median income
$39,063/yr
Median age
36.1 years
Owner-occupied
64.5%
College grads
12.3%
Avg commute
23.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Evansville?
Zillow home value
$279,331
Price-to-income
7.2x
Source: Zillow Research
What is it like to live in Evansville?
Evansville is a community of approximately 1K residents with a median age of 36.1 years.The median household income is $39,063, which represents a working-class community with solid middle-income opportunities. 12.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.5%, showing a blend of owner and renter-occupied properties. The average commute time is 23.2 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?
1 schools tracked · 158 students
The largest public schools serving Evansville, MN 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.
Evansville Elementary
Grades 2-5 · 158 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, MN?
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 $200,000, down 33.1% from last year.
How long do homes stay on market in Evansville?
Homes typically spend 63 days on market before going under contract.
What is the median income in Evansville?
The median household income is $39,063 per year.
What is the Zillow home value estimate for Evansville?
The Zillow Home Value Index (ZHVI) for Evansville is $279,331, representing the typical home value in the area.
How much does a single-family home cost in Evansville?
The median single-family home price in Evansville, MN is $200,000 (about $118 per square foot).
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