Market Intelligence Report — IN-780

Evansville, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-09
As of the latest 2026 data
Cooling

Median Listing

$259K
-3.2% YoY

Pending Ratio

0.40
-13.1% YoY

Active Inventory

817
+8.8% YoY

Median DOM

52 Days
+24.1% YoY

Primary Intelligence Tool — Sold Score™

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The Evansville housing market is exhibiting cooling trends, with the pending ratio registering at 0.40, a significant 13.1% decline year-over-year. Median listing prices have also seen a modest decrease of 3.2% year-over-year, alongside a 0.9% month-over-month contraction, indicating softening price pressure.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Evansville market right now.

Inventory levels are expanding, with active listings up 8.8% over the past year, while new listings have contracted by 5.2%. This divergence suggests a slower absorption rate of available properties. The median days on market increased by 24.1% year-over-year, reaching 52 days, further signaling a deceleration in market velocity. Concurrently, the price-reduced share has risen by 3.0% annually, now at 28.7%, indicating increased seller adjustments.

Trae Dauby
Trae Dauby
Independent

“Local pricing and inventory dynamics across Evansville shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$259K-0.9% MoM

Active Inventory

817+8.8% YoY

Days on Market

52+24.1% YoY

Sold Score™

59-13.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

59
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The extended time on market and increased share of price reductions suggest a shift in negotiating dynamics. Buyers may find more opportunities for due diligence and price discovery, as the pace of sales has moderated. Reduced inventory pressure allows for greater price discipline among sellers, while elevated days on market reflect a more deliberate transaction environment.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

817 active listings represent the current floor, with new supply arriving at roughly 398 per month.

Pricing Pressure
28.7%

of active listings carry a price reduction, +3.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.6% year-over-year.

Absorption
0.40

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Evansville, IN? Homes here are taking 10 days longer to sell than last year.

Buyers have leverage in Evansville, IN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
40%
Median Days on Market
52 days
Inventory YoY
+9%

In a buyer's market, strategy beats timing. See how your home scores in Evansville, IN and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Evansville, IN.

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Independent

How these recommendations are chosen →

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Metro Demographics

Metro Area
Evansville, IN
CBSA Code
21780
State
IN

ZIPs in Evansville, IN

Sorted by active inventory · click a ZIP for its full report

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