Housing in Evansville, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$150,000

Median List Price

$159,900

Price Per Sq Ft

$123

Days on Market

26

Active Inventory

310

Months of Supply

3.4

Seller's market

Zillow Home Value

$191,901

ZHVI — January 2026

Zillow Rent Index

$1,015

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 2.5%List Price 11.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.4%

Off Market in 2 Weeks

32.2%

Sale-to-List Ratio

95.3%

Buyer's market

Sold Above Asking
15.4%
Under Contract in 2 Wks
32.2%
Listings with Price Drops
34.5%

Market Activity

Source: Redfin

Homes Sold

91

New Listings

130

Pending Sales

152

Homes Sold 28.9%New Listings 7.1%Pending 0.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$123

Median List $/SF

$131

Sale $/SF 7.0%List $/SF 18.0%Mar 24Jan 26

Evansville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Evansville is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$129,100

Median Rent

$949

Total Housing Units

58,785

Vacancy Rate

11.1%

Owner Occupied

53.9%

Renter Occupied

46.1%

Median Property Tax

$1,097

per year

Monthly Cost (w/ Mortgage)

$878

Housing Types

Single Family
66.9%
Multi-Family
32.1%
Mobile Home
1.0%

The current median sale price in Evansville, IN is $150,000 according to Redfin data. Homes spend a median of 26 days on the market. 15.4% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $123. Zillow's observed rent index is $1,015/month. About 53.9% of housing units are owner-occupied. The median year homes were built is 1960. There are 58,785 total housing units.