Zip 47714 (Evansville, IN) Housing

Evansville, IN is a great place for people to invest in housing. The median value of housing in Evansville is $127,200, which is considerably lower than the US house median value of $338,100. Additionally, over the past year the US house appreciation rate has been 8.27%, but the appreciation rate for Evansville housing has been a higher 8.82%. This makes Evansville an attractive option for potential homeowners as it provides good quality housing at an affordable price and also offers high returns on investments.

The median home cost in Evansville (zip 47714) is $127,200. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Evansville (zip 47714) is up 14.4%.

Average Age of Homes

- The median age of Evansville (zip 47714) real estate is 62 years old

The Rental Market in Evansville (zip 47714)

- Renters make up 37.0% of the Evansville (zip 47714) population
- 3.2% of houses and apartments in Evansville (zip 47714), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Evansville, Indiana	United States
	15,948.0	139,647,020.0
	64	42
	$127,200	$338,100
	14.4%	16.6%
	51.2%	57.0%
	68.6%	101.1%
	$9.47	$10.98
	$921	$2,690
	52.3%	57.4%
	9.6%	11.2%
	38.2%	31.4%
Vacant Housing
	3.2%	1.9%
	0.5%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.8%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	3.8%	2.4%
	8.1%	2.8%
	15.8%	3.9%
	22.9%	4.5%
	24.3%	11.3%
	11.5%	13.0%
	7.1%	20.1%
	1.9%	13.6%
	0.8%	8.3%
	1.5%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.4%	13.6%
	2.4%	13.6%
	3.9%	13.6%
	7.9%	13.2%
	18.1%	14.8%
	3.9%	13.6%
	23.6%	10.0%
	15.8%	4.7%
	17.4%	12.2%

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