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Featured local agent — Evansville, WI
Sarah Mitchell
Compass Real Estate · Evansville, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Evansville, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$316,900median sale price
How is the Evansville, WI housing market right now?
The median home sale price in Evansville, WI is $316,900, down 11.1% year-over-year. Homes sell in an average of 42 days with 17 active listings. The market is currently a 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?
Evansville, WI is currently a seller's market, based on 2.4 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
42
Average pace
Active listings
17
2.4 months supply
Sale-to-list
99.5%
Below asking
What does the Evansville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $316,900 |
| Median list price | $350,000 |
| Year-over-year price change | -11.1% |
| Average days on market | 42 days |
| Active inventory | 17 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $204/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 15 |
| Listings with a price cut | 5.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Evansville by property type?
How the Evansville, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $429,000 | $256/sq ft | 5 | 28 days |
| Condo / Co-op | $290,950 | $158/sq ft | 2 | 58 days |
| Townhouse | $329,900 | $106/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Evansville housing market is currently classified as a seller's market with a median sale price of $316,900. Prices have fallen 11.1% compared to last year, with homes spending an average of 42 days on market, indicating 2.4 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 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Evansville
There are currently 17 homes listed for sale in Evansville, Wisconsin. The median listing price is $350K.
Active listings
17
Homes on market
Median list price
$350K
Avg. days on market
42
Days until sale
New this week
15
Newly listed
Who lives in Evansville?
Population
5,771
Median income
$78,841/yr
Median age
36.6 years
Owner-occupied
70.0%
College grads
32.9%
Avg commute
26.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Evansville?
Zillow home value
$370,253
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Evansville?
Evansville is a community of approximately 6K residents with a median age of 36.6 years.The median household income is $78,841, which reflects a relatively affluent area with strong earning potential. 32.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.9 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?
4 schools tracked · 1,697 students
The largest public schools serving Evansville, WI 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 High
Grades 9-12 · 518 students
Levi Leonard Elementary
Grades PK-2 · 460 students
J C McKenna Middle
Grades 6-8 · 362 students
Theodore Robinson Intermediate School
Grades 3-5 · 357 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, WI?
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 $316,900, down 11.1% from last year.
How long do homes stay on market in Evansville?
Homes typically spend 42 days on market before going under contract.
What is the median income in Evansville?
The median household income is $78,841 per year.
Is Evansville a buyer's or seller's market?
With 2.4 months of supply, Evansville is currently a seller's market.
What is the Zillow home value estimate for Evansville?
The Zillow Home Value Index (ZHVI) for Evansville is $370,253, 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, WI is $290,950, compared to $429,000 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, WI is $429,000 (about $256 per square foot).
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