Evansville, IN (47720) is a great place to live due to its housing market. The median value of houses in Evansville is $224,800 which is considerably lower than the national median value of $338,100. In addition, the house appreciation rate in Evansville over the past year has been 8.82%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that homeowners in Evansville can expect to see their equity grow in the coming years. Investing in a home in Evansville can be a wise decision and an excellent way for potential buyers to build wealth through real estate.
The median home cost in Evansville (zip 47720) is $224,800. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Evansville (zip 47720) is up 14.4%.
Average Age of Homes
- The median age of Evansville (zip 47720) real estate is 41 years old
The Rental Market in Evansville (zip 47720)
- Renters make up 14.0% of the Evansville (zip 47720) population
- 0.7% of houses and apartments in Evansville (zip 47720), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.