Evansville, IN 47711 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Evansville, IN — 47711
Market Hotness
56
Hotness Rank
#5,429
Hotness Score
56
Supply Score
55
Demand Score
56
DOM vs US
-5.0%
Faster
Price vs US
43%
Below avg
Median Listing Price
$185K
Population
30,944
Households
85,319
Median Days on Market
48
Active Listings
85
New Listings
54
Housing Market
Pricing
Median Listing Price
$185K
-20.0% YoY
Average Listing Price
$250K
-2.8% YoY
Price per Sq Ft
$143
+0.2% YoY
Median Sq Ft
1,554
+6.4% YoY
Inventory
Active Listings
85
+8.3% YoY
New Listings
54
-12.9% YoY
Total Listings
164
+18.9% YoY
Buyer Competition
Pending Listings
82
+40.5% YoY
Pending Ratio
0.96
+22.1% YoY
Median Days on Market
48
+28.0% YoY
Price Reduced
15.9%
+1.7% YoY
FY2026 Fair Market Rent — Vanderburgh County
HUD government estimate (40th percentile) — 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
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
38.7
2024
Population
ZIP Population
30,944
+0.5% YoY
Vanderburgh County Population
180,387
+0.2% YoY
Households
Total Housing Units
85,319
+0.6% YoY
Age
2024 Age Mix
180K
residents
Under 18
39,047
21.7%
Adults 18–64
108,109
60.0%
65 & Over
32,961
18.3%
Age Composition Over Time
2017–2024
Population Under 18
39,047
-0.3% YoY
Population 65 & Over
32,961
+2.9% YoY
Median Age
38.70
-0.5% YoY
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