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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evansville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Evansville was a Seller's Market.

Key Takeaway

Evansville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Evansville, WI

How much do homes in Evansville, WI cost?

Median Sold Price

$337,000

$203/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$10,850(+3.3%)

Key Takeaway

Homes in Evansville have sold for 3.3% more than they did a month ago.

Summary: The median home sold price in Evansville was $337,000 in November 2024, up 3.3% from last month, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $214.9K$219K
+1.9%
3 $333.7K$353K
+5.8%
4 -$335K
N/A
5+ $699K-
N/A

Summary: Evansville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Evansville, WI

How many homes are available in Evansville, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4335-18.6%

Summary: The Evansville real estate market had 35 homes for sale in November 2024, a 18.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 2822
-21.4%
4 89
+12.5%
5+ 10
-100.0%

Summary: The Evansville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
144-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evansville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Evansville in November 2024, down by 71.4% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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