Evansville Real Estate Market December 2021
Home Prices in Evansville IN for December 2021
December 2021 Real estate market data for Evansville, IN provided by Jenny McBride of The McBride Real Estate Group with Keller Williams Capital Realty
Evansville Home Prices
We saw the highest average home price in Evansville in December after a great year for homeowner appreciation. If you are considering buying a home you can still find deals on a house in Evansville but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many listings are selling within a few days of hitting the market. As you can see from the graph below, listings have been selling at exactly or just above for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Evansville home on which you are making an offer.
If you are interested in how much current inventory is on the market in Evansville you can find that information by clicking on the link. Low inventory will suggest that homes are flying off the market. Currently, in Evansville, homes have an average time of 21 days on the market before they sell. This would suggest that buyers need to make a great offer on a home to get it accepted. Sellers should make sure to price their home if priced right if they expect to get an offer from one of those interested buyers. Low inventory in Evansville has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did in 2021. But low inventory is one indicator that prices should continue to rise.
Evansville Real Estate Report Summary
The median list price in December for single-family homes in Evansville is $200,764.
The median sale price in Evansville for single-family homes is $176,250. The sale prices increased by -3.7% from the previous month.
The price per square foot for sales in this area is $113.
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