How much is a home in 47708 worth?

The typical home value in 47708 is $233,694, down 2.6% over the past year.

How long does it take to sell a home in 47708?

Homes in 47708 spend a median of 50 days on market. With only 3 homes for sale, individual results can vary widely.

Are sellers in 47708 cutting prices?

Yes. 44.4% of active listings in 47708 have taken a price cut, and 0 new listings have come on recently.

Market Intelligence · IN / Evansville

Evansville, IN 47708 Housing Market

The typical home value in Evansville, IN 47708 is $233,694, down 2.6% over the past year. The median list price sits at $249,900, and homes spend a median of 50 days on market.

Updated August 2026Median value$234K

The median home value in Evansville, IN 47708 is $234K as of August 2026, down 2.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 47708 range

$215K to $252K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.6% over 12 months

Aug 2025$240K

Low $234KHigh $240K

Aug 2026$234K

The numbers

What is the 47708 housing market like?

As of August 2026

Typical home value

$234K

2.6%YoY

Median list price

$250K

30.3%MoM

Days on market

2.0%MoM

Homes for sale

0.0%MoM

Price cuts

44.4%

New listings

100.0%MoM

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

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The comparison

How do 47708 home prices compare?

47708$233,694
Evansville$210,734
Indiana$237,708
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Evansville: 9 ZIPs; Indiana: 697 ZIPs; United States: 26,265 ZIPs).

Context

Inventory in 47708 is thin, with just 3 homes for sale and 0 new listings coming on. Even with so few options, sellers are adjusting expectations: 44.4% of active listings have taken a price cut. That lines up with values trending down 2.6% over the past year, with a typical home now worth $233,694 against a median list price of $249,900. Homes are still moving in a median of 50 days, so this is a slow but functional market. For a seller, the honest read is that pricing at the market, not above it, is what gets a deal done here.

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