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Foreclosure Homes in Evansville, IN

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Evansville, IN Foreclosures

Current Market Conditions in in Evansville, IN As of March 2026?
In the past month, Evansville's real estate market has experienced a slight uptick in home sales, increasing by 5% from the previous month. However, the inventory of available homes has also risen slightly, which offers buyers more options. While prices remain stable, many sellers are becoming more open to negotiating, which could lead to more favorable deals for prospective buyers. The ongoing development projects in the area continue to attract interest, particularly among those looking to relocate to Evansville.
How much do homes sell for in Evansville, IN?
The average home price is currently $240,884.
In Evansville, IN, how many homes are available?
There are currently 583 active home listings available in Evansville.
What’s the average rental cost in Evansville, IN?
The average rental price in Evansville is $1,180.
What is the most expensive home in Evansville?
The most expensive home sold in Evansville had a price of $31,163,013.
What is currently the cheapest priced home in Evansville, IN?
The cheapest home for sale in Evansville is priced at $10,019.

Living in Evansville, IN

Evansville, IN, is a vibrant city known for its rich history and art scene. The city offers excellent educational institutions and a variety of recreational activities. With its family-friendly atmosphere and strong community spirit, Evansville is increasingly becoming a popular place to live.

Buyer vs Seller Market in Evansville, IN

The real estate market in Evansville has shown resilience in recent months, with an increase in home sales and a stabilized inventory level. The demand for affordable housing has led to an uptick in new construction projects, which are appealing to first-time homebuyers and young families looking for spacious and affordable options.

The rental market has also seen consistent demand, with many young professionals moving to the area for job opportunities and a better quality of life. Local trends indicate that homes in established neighborhoods are maintaining their value due to their proximity to schools, parks, and amenities.

Home Value Estimator For Evansville, IN

There are currently 65,527 real estate properties in Evansville, IN, with a median automated valuation model (AVM) price of $201,248.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Evansville, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Evansville, IN, is $240,884.00, with the most expensive house in Evansville, IN, topping out at $31,163,013.00 and the cheapest home in Evansville, IN, clocking in at $10,019.00. In other words, there’s something for every potential homebuyer or savvy investor in Evansville, IN!

Rent Prices In Evansville, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Evansville, IN, is on a rollercoaster ride. The average rent price in Evansville, IN, is $1,180.00. Indeed, when looking to rent in Evansville, IN, you can expect to pay as little as $500.00 or as much as $3,760.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Evansville, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Evansville, IN Foreclosures


Market Trend for Evansville, IN

Total Listings Available: 583

Market Values:

Home Prices from $10,019 to $31,163,013

Average Sales Price: $240,884

Rental Values:

Rental from $500 to $3,760

Average Rent Value: $1,180 / month

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