Foreclosures in Evansville, IN

Current Market Conditions in Evansville, IN

The real estate market in Evansville has shown resilience despite national trends, with a steady demand for homes. Buyers are attracted by the city's affordable housing options and quality of life, leading to an increase in property values over the past year.

Agents note a competitive market with limited inventory, particularly for single-family homes. As buyers seek homes in desirable neighborhoods, there is upward pressure on pricing, which reflects a continued upward trend in the local real estate landscape.

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.