Evansville, Indiana.
Typical home $203,571 (+4.3% in a year), asking rent $1,058 (+2.9%). Evansville, IN-KY metro.
to buy the typical home at today's mortgage rate — +$594 (+125%) since Jan 2020.
- 1 year
- Up $8,483 +4%
- $195,088$203,571 since Sep 2025
- 5 years
- Up $46,041 +29%
- $157,531$203,571 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Evansville$1,068
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Evansville, IN rose 4.3% over the past year — faster than the nation's +1.2%.
Asking rents in Evansville, IN rose 2.9% over the past year — in step with the nation.
Owning the typical home in Evansville runs $365/mo more than renting one. The gap peaked at $397 in Oct 2023.
That is $1,422 a month against $1,058 rent: a $1,068 mortgage payment, plus $136 property tax and $218 insurance & upkeep.
Owning vs renting — Evansville
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,422
- Renting$1,058
- Mortgage only$1,068
Property tax · $136/mo 0.80% of value a year — the ACS 2020-2024 median bill over the median home value for Vanderburgh County, IN
Insurance & upkeep · $218/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Evansville, Vanderburgh County, Indiana
Evansville is a city of 117,298 people in Vanderburgh County. Half its households earn more than $53,387 a year and half less, against $61,648 across Vanderburgh County; 18% of its people live below the poverty line. 55% of its homes are lived in by their owners and 45% are rented. Unemployment in Evansville was 3.8% in August 2026, and Vanderburgh County had 0.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Evansville is a city on the Ohio River in the southwest corner of Indiana, and it is the largest city in Vanderburgh County. Incomes here run below the county's, and fewer homes are lived in by their owners than you would find in many Indiana towns, so renting is common. The typical commute is short, and winters are cold while summers turn hot, with a fair amount of rain and melted snow through the year.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops and restaurants and hotels close behind. Among the biggest workplaces in the city are the Evansville Vanderburgh School district, Ascension St. Vincent Evansville and Berry Global. Unemployment is a little lower than a year ago, and the number of jobs across the county has been close to level.
Things to do. In town, the Evansville Museum of Arts, History and Science and the Reitz Home Museum are both museums, and the USS LST-325 is a museum ship, all in or beside town. A short drive away, Mesker Park Zoo and Botanic Garden is a zoo with gardens, and Angel Mounds is an archaeological site.
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- 53,095households
- 23%of adults have a degree
- 18%below the poverty line
- 18 mintypical commute
- 6%work from home
What residents work in
Employed residents by industry, from the Census survey. Vanderburgh County had 107,429 jobs in 2025, 0.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 42° and lows near 27°; warmest in July, with highs near 89° and lows near 71°. About 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Evansville Museum weather station, 3 miles away (NOAA).
Largest workplaces in Evansville
- Evansville Vanderburgh School CorpSchool district3,137FTE
- NBC MerchantsGeneral warehousing and storage1,771
- Ascension St. Vincent EvansvilleGeneral hospital1,385FTE
- Berry Global- Evansville, IN HQCorporate offices1,285
- Healthcare Resource SolutionsBilling services974
- Evansville BakeryBread and bread-type rolls made in commercial bakeries650
- University of EvansvilleUniversity or college536
- WalmartWarehouse clubs and supercenters408
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 172 workplaces with 20 or more staff, 20,967 people in all. School districts come from the Common Core of Data (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- TornadoesRelatively high
- Earthquakesrelatively high in parts of EvansvilleRelatively moderate
- Ice stormsRelatively moderate
- Strong windrelatively high in parts of EvansvilleRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Evansville’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Vanderburgh County and the Evansville, IN-KY metro.
Evansville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Evansville$203,571
- Indiana$257,165
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Evansville listings, and the typical home goes pending in 14 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Evansville32.65%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Evansville14
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Evansville742
New listings per month
Sellers arriving at the market.
- Evansville257
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Evansville$198,628
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Evansville96.95%
Zip codes with a Evansville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Evansville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Evansville
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 47714 | Evansville | 32,132 | $1,046 | $143,829 |
| 47711 | Evansville | 30,944 | $963 | $189,324 |
| 47715 | Evansville | 29,280 | $1,198 | $238,737 |
| 47712 | Evansville | 25,444 | $1,147 | $209,638 |
| 47725 | Evansville | 19,648 | — | $327,151 |
| 47710 | Evansville | 18,309 | $830 | $158,797 |
| 47720 | Evansville | 17,124 | — | $273,440 |
| 47713 | Evansville | 9,988 | $1,011 | $100,873 |
| 47708 | Evansville | 696 | $1,579 | $230,389 |