The story of this market
The typical home in Vanderburgh County, Indiana sells for about $231,000, or $135 per square foot.
Prices are up +12.9% from a year ago, so sellers still have some momentum. Homes take about 51 days to sell. Over the long run, values in this county have grown 91% since 2000. Last year 31 of 43 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,127 a month.
HUD sets the fair market rent for a 2-bedroom at $1,127 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+2.4%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+12.1%). Worst: 2009 (-1.7%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.7%
IN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,387
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+2.4%
2025 change
FHFA repeat-sales index, median of 43 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
56
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $96,392,397.
Mortgage activity
Home lending in this county
83.2%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 7718 | 4366 | 81.8% | 14.1% | $120,000 |
| 2019 | 9009▲ | 5291▲ | 83.2%▲ | 10.5% | $120,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Vanderburgh County, Indiana
The Vanderburgh County housing market shows resilience with steady price appreciation and healthy demand. While inventory remains tight, the market is supported by a stable local economy and relatively affordable housing compared to state and national averages.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 4 cities · 10 ZIP reports
Median prices moved up 1.0% year over year.
Homes spend a median of 52 days on market with 2.0 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 98.77% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 13.8% — a stable, low-distress profile.
Deterministic aggregate of 9 researched ZIP reports of 10 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Vanderburgh County, Indiana — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 9, 2026.
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Oct 1
researched Sep 22
researched Sep 22
| 47708 | Evansville | $241,000 | $145 | +2.1% | 44 | 98.6% | 22% | 1.8 | 639 | $1,194 | researched Sep 22 |
| 47710 | Evansville | $159,000 | $115 | +5.3% | 59 | 99.6% | 23% | 1.3 | 1,003 | $907 | researched Sep 22 |
| 47711 | Evansville | $150,000 | $115 | -10.5% | 41 | 98.2% | 23% | 4.2 | 180 | $985 | researched Sep 22 |
| 47712 | Evansville | $174,950 | $124 | -16.7% | 44 | 98.6% | 22% | 0.2 | 72 | $937 | researched Sep 22 |
| 47713 | Evansville | $104,764 | $85 | -2.1% | 52 | 96.2% | 18% | 5.1 | 142 | $928 | researched Sep 22 |
| 47714 | Evansville | $172,000 | $95 | +4.5% | 59 | 98% | 23% | 1.3 | 1,003 | $970 | researched Sep 22 |
| 47715 | Evansville | $240,000 | $145 | +2.1% | 44 | 98.6% | 22% | 1.8 | 639 | $1,058 | researched Sep 22 |
| 47720 | Evansville | $219,000 | $145 | -10.2% | 51 | 98.5% | 12% | 3.2 | 69 | $1,042 | researched Oct 1 |
| 47722 | Evansville | $209,900 | $125 | +3.9% | 59 | 99.6% | 23% | 1.3 | 1,003 | $1,300 | researched Sep 22 |
| 47725 | Evansville | $240,000 | $145 | +2.1% | 44 | 98.6% | 22% | 1.8 | 639 | $1,861 | researched Sep 22 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Vanderburgh County experiences crime rates that are generally higher than the Indiana state average, with property crime being the most prevalent concern in the urban core of Evansville.
The county is served by the Evansville Vanderburgh School Corporation, which offers a diverse range of academic and vocational programs, though performance ratings vary significantly by individual school site.
The county faces moderate flood risks, particularly in low-lying areas near the Ohio River, and is subject to standard Midwestern wind and storm insurance requirements.
The local economy is anchored by healthcare, manufacturing, and logistics, with ongoing infrastructure investments in the downtown Evansville riverfront and regional medical campus expansions.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The county features the extensive Wesselman Woods Nature Preserve, numerous riverfront parks along the Ohio River, and various community golf courses and sports complexes.
The rental market remains competitive with steady demand, particularly near the university and medical districts, though rent growth has moderated recently.
The economy is driven by a mix of healthcare, manufacturing, and education, with major employers including Deaconess Health System and Berry Global.
The county is served by I-69 and I-64, providing critical regional connectivity, alongside the Evansville Regional Airport.
The Vanderburgh County Assessor manages property valuations, utilizing annual adjustments to reflect market conditions and state-mandated assessment cycles.
The county includes various special taxing districts for fire protection, library services, and flood control, particularly in unincorporated areas.
Property insurance premiums are influenced by regional storm risks, with standard coverage widely available through major national carriers.
- Urban Air Trampoline and Adventure Park3.88.3 mi
- Sky Zone Trampoline Park4.48.6 mi
- Burgh House & Family Entertainment Center4.412.3 mi
- Chuck E. Cheese4.38.3 mi
- Elite Air Evansville Trampoline Park4.56.7 mi
- Ford Center4.47.5 mi
- Old National Events Plaza4.57.5 mi
- Ellis Park Racing & Gaming4.211.6 mi
- Golden Corral Buffet & Grill4.39.4 mi
- COMFORT by the Cross-Eyed Cricket4.47.6 mi
- Mesker Park Zoo4.36 mi
- Burdette Park4.510.1 mi
- Showplace Cinemas Evansville East 204.47.6 mi
- AMC Evansville 164.38.2 mi
- Angel Mounds State Historic Site4.411.6 mi
- Angel Mounds State Historic Site4.411.6 mi
- John James Audubon State Park4.513.8 mi
- Children's Museum of Evansville4.47.5 mi
- Evansville Museum4.58 mi
- USS LST-3254.87.4 mi
- Mesker Park Zoo4.36 mi
- Burdette Park4.510.1 mi
- Deaconess Sports Park EVV4.55.2 mi
- Angel Mounds State Historic Site4.411.6 mi
- Harmonie State Park4.619.9 mi
- Walther's Golf & Fun4.55.6 mi
- Victoria National Golf Club4.813.8 mi
- Cambridge Golf Course and Event Center4.55.4 mi
- Quail Crossing Golf Club414.1 mi
- The Bridges Golf Course of Henderson4.114.4 mi
- Eastland Mall4.28 mi
- Meijer4.37.2 mi
- Ross Dress for Less4.38.8 mi
- Rural King4.36.8 mi
- T.J. Maxx4.39.5 mi
- Evansville Regional Airport4.33.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A 200-acre old-growth forest providing hiking trails and educational programs.
A major downtown venue hosting sports, concerts, and community events.
One of the oldest zoos in the state, featuring diverse exhibits and botanical gardens.
Data retrieved from data.census.gov
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Property must be the taxpayer's principal place of residence.
Removes the first $45,000 of the homestead's assessed value from taxation.
Indiana Code 6-1.1-12-37.
Indiana requires a judicial foreclosure process, meaning lenders must file a lawsuit in court to obtain a foreclosure decree.
Indiana Code 32-30-10.
Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments.
Indiana Code 6-1.1-4.
applies when — Applies to the sale, exchange, or installment contract of residential real estate containing not more than four dwelling units.
Requires the seller to complete a disclosure form regarding the condition of the property, subject to specific statutory exemptions (e.g., court-ordered transfers, foreclosures).
Indiana Code 32-21-5.
Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Indiana Constitution Article X, Section 1; Indiana Code 6-1.1-20.6.
≈ $2,310/yr on a $231,000 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.