The story of this market
The typical home in ZIP 47725 sells for about $240,000, or $145 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,861 a month.
ZIP 47725 — Evansville
The Evansville housing market shows signs of stabilization with a modest year-over-year increase in closed sale prices. While inventory remains tight, the market is supported by a stable regional economy anchored in healthcare and corporate sectors. Buyers are currently navigating a balanced environment with moderate days on market.
This ZIP code is well-suited for family buyers and commuters seeking suburban residential options with access to the broader Evansville economy.
Median prices moved up 2.1% year over year.
Homes spend a median of 44 days on market with 1.8 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.4% · poverty 4.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47725, Vanderburgh County, IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Evansville maintains economic stability through its role as a regional hub for healthcare, medical sciences, and corporate headquarters for several NYSE-listed companies.
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.
Residents primarily rely on personal vehicles for commuting, with access to major regional corridors facilitating travel toward the Evansville employment core.
The area features local parks and proximity to regional shopping and dining districts within the greater Evansville metropolitan area.
The rental market is characterized by steady demand, with no rent control regulations in place across the state.
The local economy is anchored by healthcare, medical sciences, and corporate headquarters, providing a stable employment base for the region.
The area is served by a network of highways and arterial roads, with limited public transit options typical of the region.
Parcels are subject to local school district and municipal tax levies as determined by Vanderburgh County assessments.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Major regional transit hub serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.