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EVANSVILLE, IN 47708

Real Estate Market Report  ·  Vanderburgh County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
1
50% pending ratio
Median Price
$461,850
⇧ 55.3% vs $297,300 last year
Average Price
$461,850
⇧ 51.9% vs $304,067 last year
Days on Market
87
⇧ 13% vs 77 days last year

Market Context

Population: 681  ·  Density: 412.9/mi²  ·  Median household income: $49,904

Typical home value: $253,408  ·  Homeownership: 23.2%

Market Analysis

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

The EVANSVILLE, IN real estate market (47708) currently shows 2 active listings, with 1 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 87 days on market compared to 77 days last year.

The median listing price has risen 55.3% year-over-year, from $297,300 to $461,850.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 87 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $461,850 (+55.3% YoY)
  • Average: $461,850 (+51.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.3 miles — 554 listings ($171,676,114 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47708Evansville, IN 477080.0 mi2$923,700$461,850$461,850
47714Evansville, IN 477143.1 mi99$14,442,120$117,000$145,880
47710Evansville, IN 477103.5 mi58$9,701,022$145,000$167,259
47712Evansville, IN 477125.6 mi62$12,305,884$178,950$198,482
47725Evansville, IN 477259.5 mi95$37,181,290$360,800$391,382
42458Spottsville, KY 4245811.7 mi1$69,900$69,900$69,900
47630Newburgh, IN 4763011.9 mi171$76,206,492$380,000$445,652
47638Wadesville, IN 4763812.8 mi10$2,896,600$299,900$289,660
47613Elberfeld, IN 4761315.0 mi5$3,266,665$280,000$653,333
47612Cynthiana, IN 4761216.8 mi4$811,000$202,750$202,750
47601Boonville, IN 4760118.2 mi41$12,429,109$270,000$303,149
47648Fort Branch, IN 4764818.9 mi4$812,932$229,900$203,233
47631New Harmony, IN 4763120.3 mi2$629,400$314,700$314,700

Frequently Asked Questions

How many homes are for sale in EVANSVILLE, IN 47708?

As of January 2026, there are 2 active listings in EVANSVILLE, IN (zip code 47708), compared to 4 the prior year.

What is the median home price in EVANSVILLE, IN 47708?

The median listing price in EVANSVILLE, IN 47708 is $461,850 as of January 2026, a 55.3% increase from $297,300 the prior year.

How long do homes stay on the market in EVANSVILLE, IN?

Homes in EVANSVILLE, IN 47708 spend an average of 87 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in EVANSVILLE, IN 47708?

Based on current inventory and days-on-market data as of January 2026, EVANSVILLE, IN 47708 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 87 days on market compared to 77 days last year.

How much can I save on real estate commission in EVANSVILLE, IN?

With SELL123.com's maximum 3% commission, sellers in EVANSVILLE, IN 47708 save an estimated $9,237 compared to a typical 5% commission on the median listing price of $461,850. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.