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Ford Center from Main StreetPhoto: Nyttend · Public domain
Housing in Evansville

1,622 homes sold in Evansville in the last year, at a typical $166K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Evansville homes are listed.

Homes sold
1,622
June 2025 to May 2026
Typical sale price
$166K
houses $165K · condos $222K
Price per square foot
$127
Indiana $148
Paid vs. asking
97.6%
27% sold over asking
For sale now
310
May 2026 · 167 sold that month
What sold · last 12 months

6% of Evansville’s sales are condos, at $57K more than a house

1477 houses and 104 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$165K

typical sale · 1477 sold in 12 months

Per square foot
$127IN $148
Days to sell
17
Sold over asking
28%
Listings with a price cut
33%
Condos$222K

typical sale · 104 sold in 12 months

Per square foot
$148IN $160
Days to sell
45
Sold over asking
12%
Listings with a price cut
21%
Fewer sales

Multi-family (2–4 units): 41 sold, typical $117K

Too few sales in 12 months for reliable figures.

14 years of sales

More homes sell than most years, at twice the 2016 price

1,622 sales in the last year, against 1,902 in 2021 and a low of 50 in 2012. The typical sale went from $87K in 2016 to $166K.

Homes soldTypical sale price
048797514621950$50K$100K$150K$200K2012: 50 sold, typical $28K’122013: 61 sold, typical $35K2014: 952 sold, typical $83K’142015: 1452 sold, typical $83K2016: 1617 sold, typical $87K’162017: 1711 sold, typical $89K2018: 1642 sold, typical $89K’182019: 1685 sold, typical $100K2020: 1835 sold, typical $112K’202021: 1902 sold, typical $132K2022: 1733 sold, typical $141K’222023: 1545 sold, typical $148K2024: 1541 sold, typical $154K’242025: 1633 sold, typical $163KLast 12 months: 1622 sold, typical $166KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Evansville

Houseat $127 a sq ft
Condoat $148 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Evansville homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Evansville are more common than before the pandemic, but 41% fewer homes come up for sale

We read every month of Evansville’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,622 sales.

If you’re buying in Evansville

  • Shop in October. It brings about 156 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
  • Offer under asking. Buyers paid 97.6% of the list price on average; 27% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 180 a month), but July is the most competitive: 29% of July sales close over asking. September and October offer nearly as much choice with fewer homes bid up (23%). February has the least competition (17%).

New listings a monthShare sold over asking
0459013518013%27%40%Sweet spotJan: 115 new listings a month, 19% sold over asking, 73 days to sellJFeb: 118 new listings a month, 17% sold over asking, 74 days to sellFMar: 139 new listings a month, 21% sold over asking, 75 days to sellMApr: 166 new listings a month, 24% sold over asking, 61 days to sellAMay: 180 new listings a month, 28% sold over asking, 53 days to sellMJun: 174 new listings a month, 28% sold over asking, 47 days to sellJJul: 178 new listings a month, 29% sold over asking, 45 days to sellJAug: 173 new listings a month, 25% sold over asking, 49 days to sellASep: 163 new listings a month, 23% sold over asking, 50 days to sellSOct: 156 new listings a month, 22% sold over asking, 50 days to sellONov: 126 new listings a month, 21% sold over asking, 51 days to sellNDec: 91 new listings a month, 20% sold over asking, 52 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Indiana

Evansville now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price27%16%38%19%
Gone within two weeksShare of homes under contract within 14 days47%1%1%37%
Listings with a price cutShare of homes for sale that cut their price31%——33%
Price paid vs. askingAverage sale price ÷ list price97.6%95.3%99.2%97.7%
Days to sellMedian days from listing to contract19695235
Supply

343 homes for sale on a typical day

That’s 8.5 times the 2012 low (40), 41% fewer than in 2017–19 and well under 2015’s 967.

2012: 40 for sale’122013: 172 for sale2014: 916 for sale2015: 967 for sale’152016: 776 for sale2017: 636 for sale2018: 515 for sale’182019: 591 for sale2020: 452 for sale2021: 350 for sale’212022: 233 for sale2023: 180 for sale2024: 249 for sale’242025: 309 for saleLast 12 months: 343 for saleNow
Room to negotiate

1 in 3 listings has cut its price

31% in the last year, against — in 2017–19 and 33% across Indiana.

2022: 38%’222023: 37%2024: 38%2025: 33%’25Last 12 months: 31%Now
Prices by type

Since 2019, houses are up 64%, condos 74%

A house typically sold for $165K in the last year (1477 sales), a condo for $222K (104).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $35K, 61 salesHouses 2014: $82K, 866 salesHouses 2015: $83K, 1328 salesHouses 2016: $87K, 1477 salesHouses 2017: $88K, 1567 salesHouses 2018: $90K, 1484 salesHouses 2019: $101K, 1543 salesHouses 2020: $112K, 1668 salesHouses 2021: $132K, 1713 salesHouses 2022: $141K, 1571 salesHouses 2023: $149K, 1371 salesHouses 2024: $154K, 1382 salesHouses 2025: $163K, 1473 salesHouses last 12 months: $165K, 1477 salesHouses $165KCondos 2014: $128K, 66 salesCondos 2015: $108K, 104 salesCondos 2016: $127K, 105 salesCondos 2017: $118K, 106 salesCondos 2018: $118K, 89 salesCondos 2019: $128K, 93 salesCondos 2020: $142K, 107 salesCondos 2021: $164K, 114 salesCondos 2022: $184K, 101 salesCondos 2023: $197K, 111 salesCondos 2024: $179K, 109 salesCondos 2025: $225K, 106 salesCondos last 12 months: $222K, 104 salesCondos $222K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Indiana

Evansville ranks 8th of 132 busy Indiana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Evansville is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Evansville home costs about $978 a month

Mortgage
Property tax
Insurance
Rent

Price: Evansville’s typical sale, last 12 months. Property tax at Evansville’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Evansville is affordable on local pay is on Cost of living.

Before you buy in Evansville

Six things worth knowing

180

New listings in May

The month with the most choice. December has the fewest, about 91.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $166K home, about $1,340 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Evansville, from test results, graduation and how much students grow.

Schools in Evansville
18 min

Typical commute

The average one-way trip to work for people who live in Evansville.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Mount Vernon sells for less a square foot; Newburgh and Chandler for far more

The busier markets within 25 miles of Evansville, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Evansville1,622$166K$12727%19
Henderson267$205K$13423%28
Boonville96$178K$12824%20
Mount Vernon92$186K$11217%27
Newburgh75$326K$16023%20
Melody Hill57$268K$14830%19
Chandler39$207K$16426%31

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Evansville, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Evansville. People who follow the town see it, and so do people comparing Evansville with their own town. No commission, no listing fee.

Questions about buying a home in Evansville

What do homes sell for in Evansville, IN?

1,622 homes sold in the year to May 2026 at a typical $166K, $127 a square foot. Houses sold for about $165K, condos for about $222K.

Is Evansville a buyer’s or seller’s market?

A seller’s market: 310 homes were for sale in May 2026 and 167 sold, about 1.9 months of supply. Buyers paid 97.6% of asking on average, and 31% of listings cut their price.

When is the best time to buy in Evansville?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Evansville?

About 0.8% of a home’s value a year. On a $166K home that’s near $1,340.

Where can I see homes for sale in Evansville?

Zillow, Redfin, Realtor.com and Homes.com all carry Evansville’s MLS listings; the search links above open each one filtered to Evansville.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).