Is Evansville, IN 47713 a buyer’s or seller’s market?
Evansville is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 15% of U.S. ZIP codes, and #297 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Evansville housing market right now
In the three months ending August 31, 2026, 7% of homes in Evansville, IN 47713 sold above their list price, the typical home went under contract in 26 days and there were 7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 31 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold more slowly (11 days then) and the median sale price fell 9% to $122,447. Overall, Evansville is less competitive than a year ago, which gives buyers more room.
Within Vanderburgh County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Evansville ranks #297 of 306 IN ZIP codes with enough sales (score 21 out of 100).
Nearby, buyers who want less competition could look at Evansville 47708 (0% sold over asking), while Evansville 47715 (29% sold over asking) and Evansville 47714 (25% sold over asking) are even more competitive.
Run the numbers for 47713
Nearby markets
Evansville 47708Seller’s market $171 /sq ftEvansville 47710Seller’s market $125 /sq ftEvansville 47711Seller’s market $140 /sq ftEvansville 47712Seller’s market $133 /sq ft Browse all markets →Towns like Evansville nearby
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Questions about Evansville real estate
Is Evansville a buyer’s or seller’s market?
A buyer’s market: there were 7 months of supply in Evansville, IN 47713 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Evansville?
The typical home went under contract in 26 days in the latest three months.
Do homes in Evansville sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 93.8% of the list price.
What are property taxes in Evansville?
About 0.80% of a home’s value a year in Vanderburgh County, or roughly $3,200 on a $400,000 home.
What is the median home price in Evansville?
The median sale price was $122,447 in the three months ending August 31, 2026, about $80 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology