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Market Intelligence · IN / Vanderburgh County

Evansville, IN home prices and housing market

9 ZIP markets liveData updated September 2026Typical value$210K1-yr changeUp3.5%

The typical home value in Evansville, IN is $210K as of September 2026, up 3.5% from a year ago, based on the Zillow Home Value Index. In the typical Evansville ZIP code, the median list price is $195K and homes spend a median of 49 days on market as of September 2026 (Realtor.com).

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The coverage

Evansville, by the numbers.

Typical home valueZillow ZHVI, September 2026
$210K
1-yr changeMedian across Evansville ZIPs
+3.5%
ZIP markets live31 tracked in Evansville
9
County
Vanderburgh County

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12-month value trend

+3.5% over 12 months

Typical home value in Evansville over the last 12 months: $202K in Sep 2025 to $210K in Sep 2026 (+3.5%).

Sep 2025$202K

Sep 2026$210K

Median Zillow home value index across Evansville's ZIP codes.

Context

Evansville's housing market shows steady conditions as of September 2026. Homes are worth a typical of $209,638, reflecting a 3.5% increase over the past year. There are 568 homes for sale, with 282 new listings posted recently. The median list price stands at $194,900, and homes spend a median of 49 days on market before selling. About 27.5% of listings have received price cuts. For homeowners considering a sale, the market is neither unusually heated nor deeply soft, making timing less critical than finding the right listing strategy.

The numbers

What is the housing market like in Evansville, IN?

Typical home value

$210K

Up3.5%YoY

Median list price

$195K

Days on market

49

Homes for sale

568

Price cuts

27.5%

New listings

282

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Evansville's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Evansville, IN home prices over time

Typical home values in Evansville, IN are up 3.5% over the past year, from $202K in September 2025 to $210K in September 2026.

Typical home value in Evansville, IN, September of each year
MonthTypical value1-yr change
September 2026$209,638+3.5%
September 2025$202,496No prior year

Typical value is the median Zillow Home Value Index across Evansville ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Evansville, IN a buyer's or seller's market?

Evansville, IN leans toward a buyer's market.

A large share of listings have cut their asking price, which gives buyers more room to negotiate.

Based on a median of 49 days on market and 28% of listings with a price cut in the typical Evansville ZIP code, and 282 new listings against 568 active listings across Evansville, as of September 2026 (Realtor.com).

The outlook

Evansville housing market forecast 2027

+2.2%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 9 Evansville ZIP codes, points to typical home values rising 2.2% by September 2027.

Over the 12 months through September 2026, typical home values in Evansville rose 3.5%, per the Zillow Home Value Index.

Will home prices drop in Evansville?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Evansville shows typical home values rising 2.2% by September 2027, after a 3.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 9 Evansville ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Evansville ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 31 Evansville ZIP codes in total; the remaining 22 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Evansville, IN home prices.

What is a typical home value in Evansville?

The typical home value in Evansville is $209,638 as of September 2026, up 3.5% over the past year.

How long do homes stay on the market in Evansville?

Homes in Evansville spend a median of 49 days on market before selling.

What share of Evansville homes have had their prices reduced?

As of September 2026, 27.5% of listings in Evansville have a price cut.

Are home prices going up or down in Evansville, IN?

Typical home values in Evansville, IN are up 3.5% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Evansville, IN a buyer's or seller's market?

Evansville, IN leans toward a buyer's market. A large share of listings have cut their asking price, which gives buyers more room to negotiate. Based on a median of 49 days on market and 28% of listings with a price cut in the typical Evansville ZIP code, and 282 new listings against 568 active listings across Evansville, as of September 2026 (Realtor.com).

Nearby markets

More Indiana housing markets.

The market is moving

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