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City / Town Overview

Evansville, IN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Evansville, IN real estate market currently shows 651 active listings, with 247 pending sales. Homes are averaging 58.6 days on the market before going under contract.

Inventory has increased compared to last year, with 106 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58.6 days on market compared to 48.5 days last year.

The median listing price has fallen 14.9% year-over-year, from $230,081 to $195,855.

Whether you are buying or selling in Evansville, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 183,361  ·  Density: 669.1/mi²  ·  Median household income: $61,916

Typical home value: $159,402  ·  Homeownership: 66.1%

Included Areas

Evansville: 47701, 47706, 47710, 47711, 47712, 47713, 47714, 47715, 47716, 47720, 47721, 47722

Downtown: 47708, 47730, 47731, 47732, 47733, 47734, 47735, 47737, 47740, 47747

Riverside: 47702, 47703, 47704, 47705, 47736

Independence: 47719

Area Map

Market Overview

Active Listings
651
⇧ 19.4% vs 545 last year
Pending
247
38% pending ratio
Median Price
$195,855
⇩ 14.9% vs $230,081 last year
Average Price
$248,609
⇩ 12.7% vs $284,855 last year
Days on Market
58.6
⇧ 20.8% vs 49 days last year

Price Per Square Foot

Median $/sqft
$125
⇩ 8% vs $136/sqft last year
Median Home Size
1,629 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %