Foreclosure Homes in Evansville, IN

Current Market Conditions in Evansville, IN

The real estate market in Evansville has shown resilience and steady growth over the past few years, with a consistent demand for housing. Average home prices have increased, making it a viable market for both buyers and investors looking to enter the market. The influx of new families seeking affordable housing continues to support the market's vitality.

There is a growing trend towards urban living as more people opt to live closer to downtown amenities. However, suburban areas are still popular for their large lot sizes and family-friendly environments, creating a balanced demand across different neighborhoods.

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.