How competitive is the Evansville housing market?

Evansville is competitive as of May 2026, with a Sold Score of 55/100 (Fair Chance of Selling). **Pending ratio** is 0.65 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +18.2% — more choices for buyers than a year ago. **Median days on market** is 45. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 46.5% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 55/100 (Fair Chance of Selling) · Pending ratio: 0.65 · Inventory YoY: +18.2% · Median days on market: 45 · Sellers cutting price: 46.5% · Median listing price: $274,700 (-2.7% YoY)