The housing market in the Evansville, IN Metro Area is showing strong signs of appreciation. The median value of houses in this area is $189,600 and has seen an increase of 13.39% over the past year alone. This rate of appreciation is much higher than the national average, which currently stands at 8.27%. It is clear that the Evansville, IN Metro Area is a hot spot for real estate investment and a great place to settle down. With its booming housing market and vibrant economy, it can be a great place to live for both current residents and those looking to move into the area.
The median home cost in Evansville Metro Area is $189,600. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Evansville Metro Area is up 14.3%.
Average Age of Homes
- The median age of Evansville Metro Area real estate is 45 years old
The Rental Market in Evansville Metro Area
- Renters make up 28.1% of the Evansville Metro Area population
- 2.0% of houses and apartments in Evansville Metro Area, 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.