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Evansville, Indiana

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Demand is unremarkable. Hotness 60/100, supply score 68, homes go under contract 10.1% faster than the US median, at 53% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $65K, +2.3% YoY (ZIP); renters hold 34.4% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +3.8% YoY. inventory, −2.8% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $216,457 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

31 ZIPs in this city:47701 47702 47703 47704 47705 47706 47708 47710 47711 47712 47713 47714 47715 47716 47719 47720 47721 47722 47724 47725 47728 47730 47731 47732 47733 47734 47735 47736 47737 47747 47750

Market Hotness

60 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−10.1%

homes sell faster here

53%

of national median · below avg

Median Listing Price

$216K

Population

183,565

79,618

Median Days on Market

Active Listings

568

New Listings

282

Housing Market

The median listing price is up 3.8% YoY while the median home got up 2.3% bigger, so value per square foot is up 3.9%.

Pricing

Median Listing Price

$216K+3.8% YoY

Average Listing Price

$268K+1.7% YoY

Price per Sq Ft

$134.989+3.9% YoY

Median Sq Ft

1,662+2.3% YoY

Inventory

Active Listings

568+5.4% YoY

New Listings

282+6.8% YoY

Total Listings

790-2.8% YoY

Buyer Competition

Pending Listings

221-21.4% YoY

Pending Ratio

0.39-26.7% YoY

Median Days on Market

55+29.0% YoY

Price Reduced

26.4%-0.8% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 85,319

85Kunits

Occupied78,27091.7%

Vacant7,0498.3%

2024 Tenure ⓘ

U.S. Census ACS · n = 78,270

78Koccupied

Owner50,90365.0%

Renter27,36735.0%

Renter Share

35.0%-1.6% YoY

Total Housing Units

85,319+0.6% YoY

FY2026 Fair Market Rent

CountyVanderburgh County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$853

/month

1 BR

$860

/month

2 BR

$1,113

/month

3 BR

$1,370

/month

4 BR

$1,539

/month

FMR trends · Vanderburgh County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 34.4% of this ZIP's 79,618 occupied households, on a median household income of $65K.

Population & Age

Total Population

183,565+0.1% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 183,565

184Kresidents

Under 1839,83521.7%

Adults 18–64110,23360.1%

65 & Over33,49718.2%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

38.44-0.8% YoY

Population Under 18

39,835-0.5% YoY

Population 65 & Over

33,497+2.8% YoY

Households & Mobility

Total Households

79,618+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.23-1.2% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.7%

Moved (within US)14.9%

Other0.3%

Veterans

6.7%-4.8% YoY

Income & Poverty

Median Household Income

$65K+2.3% YoY

Per-Capita Income

$37K+4.5% YoY

Mean Household Income

$86K+3.5% YoY

Below Poverty Level

14.3%-0.6% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone80.1%

Public transit0.8%

Worked from home6.7%

Other12.4%

Worked From Home

6.7%+10.3% YoY

Mean Commute

19.78-0.8% YoY

Units & Tenure

Total Housing Units

86,722+0.7% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 86,722

87Kunits

Occupied79,61891.8%

Vacant7,1048.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 79,618

80Khouseholds

Owner52,20465.6%

Renter27,41434.4%

Avg Household Size — Owner

2.34-0.6% YoY

Avg Household Size — Renter

2.01-2.9% YoY

County Demographics

County population is up 0.1% to 180,117: residents under 18 are down 0.3% and those 65 and over are up 2.9%.

Median Age

38.72024

Population

Vanderburgh County Population

180,387+0.2% YoY

Households

Total Households

78,270+1.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.22-1.3% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 180,117

180Kresidents

Under 1839,04721.7%

Adults 18–64108,10960.0%

65 & Over32,96118.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

39,047-0.3% YoY

Population 65 & Over

32,961+2.9% YoY

Median Age

38.70-0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.5%

Moved (within US)15.1%

Other0.4%

Veterans

6.7%-4.3% YoY

County Economy

County median household income is $62K, 14.3% of residents are below the poverty level, 6.7% work from home.

Income

Median Household Income

$62K+1.2% YoY

Per-Capita Income

$37K+4.2% YoY

Mean Household Income

$85K+3.4% YoY

Poverty

Below Poverty Level

14.3%-0.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone80.1%

Public transit0.9%

Worked from home6.7%

Other12.3%

Worked From Home

6.7%+11.7% YoY

Mean Commute

19.70-0.5% YoY

Done with Evansville? Put it next to another market.

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Evansville, Indiana

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Demand is unremarkable. Hotness 60/100, supply score 68, homes go under contract 10.1% faster than the US median, at 53% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $65K, +2.3% YoY (ZIP); renters hold 34.4% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +3.8% YoY. inventory, −2.8% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Market Hotness

60 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−10.1%

homes sell faster here

53%

of national median · below avg

Median Listing Price

$216K

Population

183,565

79,618

Median Days on Market

Active Listings

568

New Listings

282

Housing Market

The median listing price is up 3.8% YoY while the median home got up 2.3% bigger, so value per square foot is up 3.9%.

Pricing

Median Listing Price

$216K+3.8% YoY

Average Listing Price

$268K+1.7% YoY

Price per Sq Ft

$134.989+3.9% YoY

Median Sq Ft

1,662+2.3% YoY

Inventory

Active Listings

568+5.4% YoY

New Listings

282+6.8% YoY

Total Listings

790-2.8% YoY

Buyer Competition

Pending Listings

221-21.4% YoY

Pending Ratio

0.39-26.7% YoY

Median Days on Market

55+29.0% YoY

Price Reduced

26.4%-0.8% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 85,319

85Kunits

Occupied78,27091.7%

Vacant7,0498.3%

2024 Tenure ⓘ

U.S. Census ACS · n = 78,270

78Koccupied

Owner50,90365.0%

Renter27,36735.0%

Renter Share

35.0%-1.6% YoY

Total Housing Units

85,319+0.6% YoY

FY2026 Fair Market Rent

CountyVanderburgh County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$853

/month

1 BR

$860

/month

2 BR

$1,113

/month

3 BR

$1,370

/month

4 BR

$1,539

/month

FMR trends · Vanderburgh County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 34.4% of this ZIP's 79,618 occupied households, on a median household income of $65K.

Population & Age

Total Population

183,565+0.1% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 183,565

184Kresidents

Under 1839,83521.7%

Adults 18–64110,23360.1%

65 & Over33,49718.2%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

38.44-0.8% YoY

Population Under 18

39,835-0.5% YoY

Population 65 & Over

33,497+2.8% YoY

Households & Mobility

Total Households

79,618+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.23-1.2% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.7%

Moved (within US)14.9%

Other0.3%

Veterans

6.7%-4.8% YoY

Income & Poverty

Median Household Income

$65K+2.3% YoY

Per-Capita Income

$37K+4.5% YoY

Mean Household Income

$86K+3.5% YoY

Below Poverty Level

14.3%-0.6% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone80.1%

Public transit0.8%

Worked from home6.7%

Other12.4%

Worked From Home

6.7%+10.3% YoY

Mean Commute

19.78-0.8% YoY

Units & Tenure

Total Housing Units

86,722+0.7% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 86,722

87Kunits

Occupied79,61891.8%

Vacant7,1048.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 79,618

80Khouseholds

Owner52,20465.6%

Renter27,41434.4%

Avg Household Size — Owner

2.34-0.6% YoY

Avg Household Size — Renter

2.01-2.9% YoY

County Demographics

County population is up 0.1% to 180,117: residents under 18 are down 0.3% and those 65 and over are up 2.9%.

Median Age

38.72024

Population

Vanderburgh County Population

180,387+0.2% YoY

Households

Total Households

78,270+1.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.22-1.3% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 180,117

180Kresidents

Under 1839,04721.7%

Adults 18–64108,10960.0%

65 & Over32,96118.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

39,047-0.3% YoY

Population 65 & Over

32,961+2.9% YoY

Median Age

38.70-0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.5%

Moved (within US)15.1%

Other0.4%

Veterans

6.7%-4.3% YoY

County Economy

County median household income is $62K, 14.3% of residents are below the poverty level, 6.7% work from home.

Income

Median Household Income

$62K+1.2% YoY

Per-Capita Income

$37K+4.2% YoY

Mean Household Income

$85K+3.4% YoY

Poverty

Below Poverty Level

14.3%-0.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone80.1%

Public transit0.9%

Worked from home6.7%

Other12.3%

Worked From Home

6.7%+11.7% YoY

Mean Commute

19.70-0.5% YoY

Done with Evansville? Put it next to another market.