Evansville Real Estate Market Report July 2022
Home Prices in Evansville IN for July 2022
Real estate market data for Evansville, IN provided by The McBride Real Estate Group of Keller Williams Capital Realty.
Evansville Home Prices
We have seen several months of listing price increases on home prices in Evansville and we may start seeing a correction soon. 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 of our listings are selling within a few days of hitting the market. As you can see from the image below, listings are selling exactly for asking price. 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 selling quickly. Currently, in this area of Evansville, homes have a median time of 13 days on the market before they sell. This would suggest that buyers need to be aggressive in order to win the offer. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Evansville has multiple offers coming in on homes.
Evansville Real Estate Report Summary
The median list price in July for single-family homes in Evansville is $188,500. The median list price is $189.500
The median sale price in August for single-family homes is $180,000.
The price per square foot for sales in this area is $117.24.
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