Market Intelligence · IN / Evansville

Evansville, IN 47711 Housing Market

The typical home value in 47711 is $189,324, up 4.0% over the past year. Homes are listed at a median of $209,900 and spend 49 days on market, reflecting a moderately paced local market.

Updated September 2026Median value$189K

The median home value in Evansville, IN 47711 is $189K as of September 2026, up 4.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 47711 range

$174K to $204K

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

+4.0% over 12 months

Sep 2025$182K

Low $182KHigh $189K

Sep 2026$189K

The numbers

What is the 47711 housing market like?

As of September 2026

Typical home value

$189K

4.0%YoY

Median list price

$210K

5.0%MoM

Days on market

22.5%MoM

Homes for sale

108

8.0%MoM

Price cuts

30.2%

6.9%MoM

New listings

10.7%MoM

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

The outlook

47711 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 47711 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 47711 rose 4.0%, per the Zillow Home Value Index.

Will home prices drop in 47711?

Zillow's forecast does not call for a drop: it expects typical home values in 47711 to rise 2.3% by September 2027, after a 4.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 47711 home prices compare?

47711$189,324
Evansville$209,638
Indiana$233,780
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Evansville: 9 ZIPs; Indiana: 697 ZIPs; United States: 26,262 ZIPs).

Context

Evansville's 47711 ZIP has 108 homes for sale as of September 2026, with 50 new listings added recently. The median list price sits at $209,900, while homes spend a median of 49 days on market before selling. About 30.2% of listings have seen a price reduction, suggesting some sellers are adjusting expectations. Underlying value growth of 4.0% year-over-year is solid, but the price-cut activity indicates buyers have options and are not rushed to commit.

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Down payment20% · $37,865

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Common questions

What people ask us.

What is the typical home value in 47711?

The typical home value is $189,324, up 4.0% over the past year.

How long do homes stay on the market in 47711?

Homes spend a median of 49 days on market in this ZIP.

What share of homes have had price cuts?

About 30.2% of listings have seen a price reduction as of September 2026.

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Nearby ZIP markets.

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