Evansville, IN 47725 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Evansville, IN — 47725
Market Hotness
68
Hotness Rank
#3,651
Hotness Score
68
Supply Score
75
Demand Score
60
DOM vs US
-15.0%
Faster
Price vs US
91%
Below avg
Median Listing Price
$389K
Population
19,648
Households
85,319
Median Days on Market
38
Active Listings
66
New Listings
36
Housing Market
Pricing
Median Listing Price
$389K
+8.9% YoY
Average Listing Price
$416K
-4.6% YoY
Price per Sq Ft
$159
-6.5% YoY
Median Sq Ft
2,454
+9.6% YoY
Inventory
Active Listings
66
-19.5% YoY
New Listings
36
-21.7% YoY
Total Listings
107
-19.9% YoY
Buyer Competition
Pending Listings
43
-14.8% YoY
Pending Ratio
0.65
+3.6% YoY
Median Days on Market
38
-14.6% YoY
Price Reduced
34.4%
+6.7% 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
19,648
+1.1% 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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