Housing in 47708 Evansville, IN is quite expensive compared to other areas around the country. The median value here is $245,900 which is significantly lower than the national median value of $338,100. Despite this difference in cost, both housing markets show an upward trend in appreciation over the past year with 8.27% nation-wide and 8.82% in Evansville, IN specifically.
The median home cost in Evansville (zip 47708) is $245,900. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Evansville (zip 47708) is up 14.4%.
Average Age of Homes
- The median age of Evansville (zip 47708) real estate is 78 years old
The Rental Market in Evansville (zip 47708)
- Renters make up 45.3% of the Evansville (zip 47708) population
- 9.9% of houses and apartments in Evansville (zip 47708), 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.