Is Evansville, IN 47711 a buyer’s or seller’s market?

The Evansville housing market right now

In the three months ending August 31, 2026, 20% of homes in Evansville, IN 47711 sold above their list price, the typical home went under contract in 23 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 166 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 28%, homes sold more slowly (11 days then) and the median sale price fell 14% to $171,926. Overall, Evansville is less competitive than a year ago, which gives buyers more room.

Within Vanderburgh County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Evansville ranks #155 of 306 IN ZIP codes with enough sales (score 52 out of 100).

Nearby, buyers who want less competition could look at Evansville 47708 (0% sold over asking) or Evansville 47713 (7% sold over asking), while Evansville 47715 (29% sold over asking) and Evansville 47714 (25% sold over asking) are even more competitive.