Is Evansville, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evansville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Evansville has remained a Seller's Market.

Key Takeaway

Evansville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Evansville, WI

How much do homes in Evansville, WI cost?

Median Sold Price

$327,400

$196/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$14,600(-4.3%)

Key Takeaway

Homes in Evansville have sold for 4.3% less than they did a month ago.

Summary: The median home sold price in Evansville was $327,400 in October 2024, down 4.3% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $163K-
N/A
2 $219K$214.9K
-1.9%
3 $342K$339.9K
-0.6%
4 --
N/A
5+ $537.9K$699K
+29.9%

Summary: Evansville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 29.9%.

Median Sold Price Compared To Nearby Cities

Union
+9.0%
Evansville
-4.3%

Housing Supply in Evansville, WI

How many homes are available in Evansville, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3741+10.8%

Summary: The Evansville real estate market had 41 homes for sale in October 2024, a 10.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 55
0.0%
3 2427
+12.5%
4 48
+100.0%
5+ 31
-66.7%

Summary: The Evansville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
915+66.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evansville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Evansville in October 2024, up by 66.7% month-over-month. Of the 15 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Evansville, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Evansville, WI

Nearby Markets to Evansville, WI