Evansville, IN 47715 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Evansville, IN — 47715
Market Hotness
71
Hotness Rank
#3,221
Hotness Score
71
Supply Score
70
Demand Score
72
DOM vs US
-12.3%
Faster
Price vs US
70%
Below avg
Median Listing Price
$299K
Population
29,280
Households
85,319
Median Days on Market
41
Active Listings
57
New Listings
40
Housing Market
Pricing
Median Listing Price
$299K
+10.1% YoY
Average Listing Price
$335K
+9.5% YoY
Price per Sq Ft
$157
+1.6% YoY
Median Sq Ft
1,869
+1.4% YoY
Inventory
Active Listings
57
+27.0% YoY
New Listings
40
+17.6% YoY
Total Listings
91
+5.9% YoY
Buyer Competition
Pending Listings
34
-17.1% YoY
Pending Ratio
0.60
-32.0% YoY
Median Days on Market
41
-13.3% YoY
Price Reduced
25.4%
+5.3% 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
29,280
+2.8% 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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