Is Evansville, IN 47712 a buyer’s or seller’s market?

The Evansville housing market right now

In the three months ending August 31, 2026, 22% of homes in Evansville, IN 47712 sold above their list price, the typical home went under contract in 14 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 67 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold more slowly (8 days then) and the median sale price fell 5% to $219,905. Overall, Evansville is about as competitive as it was a year ago.

Within Vanderburgh County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Evansville ranks #96 of 306 IN ZIP codes with enough sales (score 60 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.