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Business 41 Diamond-Stringtown Garvinwood Jacobsville Kelsey Oakhill (Greater Oakhill) Spring Park Weinbach Willemette

EVANSVILLE, IN 47711

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 47711

Business 41 · Diamond-Stringtown · Garvinwood · Jacobsville · Kelsey · Oakhill (Greater Oakhill) · Spring Park · Weinbach · Willemette

Market Analysis

Data as of February 2026. Source: Realtor.com.

The EVANSVILLE, IN real estate market (47711) currently shows 147 active listings, with 47 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are selling faster, averaging 44 days on market compared to 74 days last year.

The median listing price has fallen 34.6% year-over-year, from $238,825 to $156,125.

Whether you are buying or selling in EVANSVILLE, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 31,200  ·  Density: 730.1/mi²  ·  Median household income: $62,359

Typical home value: $149,051  ·  Homeownership: 74.4%

Market Overview

Active Listings
147
⇧ 22.5% vs 120 last year
Pending
47
32% pending ratio
Median Price
$156,125
⇩ 34.6% vs $238,825 last year
Average Price
$215,572
⇩ 5.4% vs $227,934 last year
Days on Market
44
⇩ 40.5% vs 74 days last year

Price Per Square Foot

Median $/sqft
$128
⇩ 7.2% vs $138/sqft last year
Median Home Size
1,466 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 147 this year vs 120 last year
  • Days on market: 44 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $156,125 (-34.6% YoY)
  • Average: $215,572 (-5.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.9 miles — 702 listings ($233,115,582 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47711Evansville, IN 477110.0 mi131$32,953,836$199,000$251,556
47708Evansville, IN 477083.5 mi2$923,700$461,850$461,850
47715Evansville, IN 477154.2 mi86$25,054,982$265,000$291,337
47725Evansville, IN 477256.3 mi95$37,181,290$360,800$391,382
47610Chandler, IN 476108.0 mi13$5,462,340$238,000$420,180
47630Newburgh, IN 4763010.7 mi171$76,206,492$380,000$445,652
47639Haubstadt, IN 4763911.7 mi8$3,153,376$363,944$394,172
42458Spottsville, KY 4245812.8 mi1$69,900$69,900$69,900
42420Henderson, KY 4242015.0 mi99$25,878,006$225,000$261,394
47601Boonville, IN 4760115.5 mi41$12,429,109$270,000$303,149
47633Poseyville, IN 4763317.3 mi2$579,716$303,675$289,858
47634Richland, IN 4763419.9 mi11$2,101,781$259,900$191,071
47620Mount Vernon, IN 4762020.9 mi42$11,121,054$239,900$264,787

Frequently Asked Questions

How many homes are for sale in EVANSVILLE, IN 47711?

As of February 2026, there are 147 active listings in EVANSVILLE, IN (zip code 47711), compared to 120 the prior year.

What is the median home price in EVANSVILLE, IN 47711?

The median listing price in EVANSVILLE, IN 47711 is $156,125 as of February 2026, a 34.6% decrease from $238,825 the prior year.

How long do homes stay on the market in EVANSVILLE, IN?

Homes in EVANSVILLE, IN 47711 spend an average of 44 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in EVANSVILLE, IN 47711?

Based on current inventory and days-on-market data as of February 2026, EVANSVILLE, IN 47711 is currently a Balanced Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 74 days last year.

How much can I save on real estate commission in EVANSVILLE, IN?

With SELL123.com's maximum 3% commission, sellers in EVANSVILLE, IN 47711 save an estimated $3,123 compared to a typical 5% commission on the median listing price of $156,125. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.