Market Intelligence · IN / Evansville

Evansville, IN 47712 Housing Market

Homes in Evansville's 47712 ZIP code are currently valued at $209,638 on average, up 3.5% over the past year. The median list price is $194,900, and homes typically spend 35 days on market before selling.

Updated September 2026Median value$210K

The median home value in Evansville, IN 47712 is $210K as of September 2026, up 3.5% 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 47712 range

$193K to $226K

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

+3.5% over 12 months

Sep 2025$202K

Low $202KHigh $210K

Sep 2026$210K

The numbers

What is the 47712 housing market like?

As of September 2026

Typical home value

$210K

3.5%YoY

Median list price

$195K

0.1%MoM

Days on market

0.0%MoM

Homes for sale

37.8%MoM

Price cuts

25.5%

38.9%MoM

New listings

5.6%MoM

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

The outlook

47712 housing market forecast 2027

+2.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 47712 to rise 2.6% by September 2027.

Over the 12 months through September 2026, typical home values in 47712 rose 3.5%, per the Zillow Home Value Index.

Will home prices drop in 47712?

Zillow's forecast does not call for a drop: it expects typical home values in 47712 to rise 2.6% 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.

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

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The comparison

How do 47712 home prices compare?

47712$209,638
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

September 2026 data shows 51 homes for sale with 34 new listings entering the market. The median days on market of 35 suggests reasonable buyer activity, though 25.5% of listings have taken price cuts, indicating some sellers are adjusting expectations. This is typical behavior when homes sit longer or when market conditions soften slightly. For sellers, the 3.5% annual appreciation is solid, but the presence of price cuts signals that pricing aggressively at first listing makes sense.

Monthly payment

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Home price

Down payment20% · $41,928

Term

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Common questions

What people ask us.

What is the typical home value in 47712?

The typical home value in 47712 is $209,638, up 3.5% over the past year.

How long do homes take to sell in 47712?

Homes in this ZIP code spend a median of 35 days on market.

What is the median list price in 47712?

The median list price is $194,900 as of September 2026.

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