Market Intelligence · IN / Evansville

Evansville, IN 47720 Housing Market

The typical home in Evansville's 47720 ZIP code is worth $276,090, up 4.8% over the past year. The median list price sits at $404,950, and homes are taking a median of 44 days on market.

Updated June 2026Median value$276K

The median home value in Evansville, IN 47720 is $276K as of June 2026, up 4.8% 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 47720 range

$254K to $298K

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

+4.8% over 12 months

Typical home value in 47720 over the last 12 months: $264K in Jun 2025 to $276K in Jun 2026 (+4.8%).

Jun 2025$264K

Jun 2026$276K

The numbers

What is the 47720 housing market like?

Typical home value

$276K

Up4.8%YoY

Median list price

$405K

Days on market

44

Up238.5%MoM

Homes for sale

23

Price cuts

19.1%

New listings

16

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 47720 home prices compare?

  • 47720$276,090
  • Evansville$212,724
  • Indiana$239,792
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Evansville: 9 ZIPs; Indiana: 697 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 23 homes for sale in 47720, with 16 new listings added recently. The typical home value stands at $276,090, up 4.8% over the past year, while the median list price is $404,950. Homes are spending a median of 44 days on market, and 19.1% of listings have had a price cut. For sellers, the market shows steady value growth, but the price cut activity suggests careful pricing still matters.

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