Evansville, IN 47712 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Evansville, IN — 47712
Market Hotness
72
Hotness Rank
#3,059
Hotness Score
72
Supply Score
75
Demand Score
69
DOM vs US
-15.0%
Faster
Price vs US
55%
Below avg
Median Listing Price
$236K
Population
25,444
Households
85,319
Median Days on Market
38
Active Listings
33
New Listings
24
Housing Market
Pricing
Median Listing Price
$236K
+1.3% YoY
Average Listing Price
$280K
-5.1% YoY
Price per Sq Ft
$137
+5.1% YoY
Median Sq Ft
1,943
+13.4% YoY
Inventory
Active Listings
33
-15.6% YoY
New Listings
24
-14.3% YoY
Total Listings
56
-34.3% YoY
Buyer Competition
Pending Listings
23
-49.5% YoY
Pending Ratio
0.71
-47.4% YoY
Median Days on Market
38
+7.0% YoY
Price Reduced
24.5%
-0.1% 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
25,444
+1.8% 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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