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

$321,000

$186/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$66,500(-17.2%)

Key Takeaway

Homes in Evansville have sold for 17.2% less than they did a month ago.

Summary: The median home sold price in Evansville was $321,000 in August 2024, down 17.2% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 -$167K
N/A
2 $320.4K$321K
0.2%
3 $377.5K$311K
-17.6%
4 $407.5K$412.4K
+1.2%
5+ $462.5K-
N/A

Summary: Evansville housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 1.2%, 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

Jul 2024Aug 2024CHANGE
5646-17.9%

Summary: The Evansville real estate market had 46 homes for sale in August 2024, a 17.9% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 23
+50.0%
2 108
-20.0%
3 2524
-4.0%
4 158
-46.7%
5+ 43
-25.0%

Summary: The Evansville housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 46.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
2015-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were 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. 40% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Evansville in August 2024, down by 25.0% month-over-month. Of the 15 sold homes, 33% were sold under asking, 40% were sold at asking, and 27% 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 7 Days Ago

Newest Listings in Evansville, WI

Nearby Markets to Evansville, WI