Call or Text (240) SELL-123
Hilltop Mount Auburn (Mt. Auburn) Western Terrace

EVANSVILLE, IN 47720

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

Neighborhoods in ZIP 47720

Hilltop · Mount Auburn (Mt. Auburn) · Western Terrace

Market Analysis

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

The EVANSVILLE, IN real estate market (47720) currently shows 49 active listings, with 15 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 27 days on market compared to 46 days last year.

The median listing price has risen 2.5% year-over-year, from $331,175 to $339,450.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for EVANSVILLE, IN 47720 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 17,198  ·  Density: 119.4/mi²  ·  Median household income: $73,732

Typical home value: $195,376  ·  Homeownership: 85.5%

Market Overview

Active Listings
49
⇧ 32.4% vs 37 last year
Pending
15
31% pending ratio
Median Price
$339,450
⇧ 2.5% vs $331,175 last year
Average Price
$598,188
⇧ 14.5% vs $522,209 last year
Days on Market
27
⇩ 41.3% vs 46 days last year

Price Per Square Foot

Median $/sqft
$148
⇧ 0.7% vs $147/sqft last year
Median Home Size
2,158 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 49 this year vs 37 last year
  • Days on market: 27 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $339,450 (+2.5% YoY)
  • Average: $598,188 (+14.5% 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 20.3 miles — 405 listings ($106,274,095 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47720Evansville, IN 477200.0 mi27$15,645,636$305,000$579,468
47711Evansville, IN 477116.6 mi147$31,689,084$156,125$215,572
47708Evansville, IN 477087.1 mi2$923,700$461,850$461,850
47712Evansville, IN 477129.2 mi60$11,811,960$180,675$196,866
47639Haubstadt, IN 476399.3 mi10$5,094,900$495,000$509,490
47612Cynthiana, IN 476129.8 mi3$585,000$195,000$195,000
47633Poseyville, IN 4763310.8 mi2$694,900$347,450$347,450
47613Elberfeld, IN 4761313.7 mi5$3,098,750$336,750$619,750
47631New Harmony, IN 4763114.8 mi4$1,257,868$314,000$314,467
47620Mount Vernon, IN 4762016.8 mi48$12,173,376$239,900$253,612
42451Reed, KY 4245118.5 mi2$334,800$167,400$167,400
42420Henderson, KY 4242019.4 mi89$21,443,571$199,250$240,939
42406Corydon, KY 4240620.3 mi6$1,520,550$239,900$253,425

Frequently Asked Questions

How many homes are for sale in EVANSVILLE, IN 47720?

As of September 2026, there are 49 active listings in EVANSVILLE, IN (zip code 47720), compared to 37 the prior year.

What is the median home price in EVANSVILLE, IN 47720?

The median listing price in EVANSVILLE, IN 47720 is $339,450 as of September 2026, a 2.5% increase from $331,175 the prior year.

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

Homes in EVANSVILLE, IN 47720 spend an average of 27 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in EVANSVILLE, IN 47720?

Based on current inventory and days-on-market data as of September 2026, EVANSVILLE, IN 47720 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 27 days on market compared to 46 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 47720 save an estimated $6,789 compared to a typical 5% commission on the median listing price of $339,450. 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.