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Downtown Downtown Historic District

EVANSVILLE, IN 47708

Real Estate Market Report
Seller's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 47708

Downtown · Downtown Historic District

Market Analysis

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

The EVANSVILLE, IN real estate market (47708) currently shows 4 active listings, with 2 pending sales. Homes are averaging 53 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 selling faster, averaging 53 days on market compared to 120 days last year.

The median listing price has fallen 45.2% year-over-year, from $328,425 to $179,950.

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Market Context

Market Context

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

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

Market Overview

Active Listings
4
⇩ 33.3% vs 6 last year
Pending
2
50% pending ratio
Median Price
$179,950
⇩ 45.2% vs $328,425 last year
Average Price
$172,450
⇩ 58.2% vs $412,505 last year
Days on Market
53
⇩ 55.8% vs 120 days last year

Price Per Square Foot

Median $/sqft
$175
⇩ 15.5% vs $207/sqft last year
Median Home Size
1,257 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 6 last year
  • Days on market: 53 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $179,950 (-45.2% YoY)
  • Average: $172,450 (-58.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.2 miles — 544 listings ($169,941,692 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 mi106$14,548,076$104,675$137,246
47710Evansville, IN 477103.5 mi57$8,449,509$124,250$148,237
47712Evansville, IN 477125.6 mi60$11,811,960$180,675$196,866
47725Evansville, IN 477259.5 mi88$35,973,080$375,400$408,785
42458Spottsville, KY 4245811.7 mi1$69,900$69,900$69,900
47630Newburgh, IN 4763011.9 mi169$78,490,867$387,500$464,443
47638Wadesville, IN 4763812.8 mi7$2,054,535$297,450$293,505
47613Elberfeld, IN 4761315.0 mi5$3,098,750$336,750$619,750
47612Cynthiana, IN 4761216.8 mi3$585,000$195,000$195,000
47601Boonville, IN 4760118.2 mi40$12,417,040$261,150$310,426
47648Fort Branch, IN 4764818.9 mi5$1,323,375$264,675$264,675
42462Waverly, KY 4246220.2 mi1$195,900$195,900$195,900

Frequently Asked Questions

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

As of September 2026, there are 4 active listings in EVANSVILLE, IN (zip code 47708), compared to 6 the prior year.

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

The median listing price in EVANSVILLE, IN 47708 is $179,950 as of September 2026, a 45.2% decrease from $328,425 the prior year.

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

Homes in EVANSVILLE, IN 47708 spend an average of 53 days on the market before going under contract, compared to 120 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 September 2026, EVANSVILLE, IN 47708 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 53 days on market compared to 120 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 $3,599 compared to a typical 5% commission on the median listing price of $179,950. 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.