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Home appreciation in Evansville, IN

Over the five years ending 2025, home prices in Evansville, IN grew an average of 8.3% a year.

Price growth at a glance

1-year

+5.1%

2025 over 2024. Indiana: +5.2%.

5-year, per year

+8.3%

Average annual growth, 2020 to 2025. Indiana: +9.4%.

10-year, per year

+6.1%

+80.6% in total since 2015. Indiana: +7.2%.

How does your home compare?

Evansville, IN home prices rose 80.6% over the ten years to 2025, while its ZIP codes ranged from +64.6% to +125.3%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Evansville, IN compares with Indiana

Indiana averaged +9.4% a year, putting Evansville, IN behind the state overall. For five-year price growth, Evansville, IN ranks 276th out of 409 metros nationwide and 13th out of 13 in Indiana.

Index, 2005 = 100

Evansville, IN and Indiana, quarterly house price index rebased to 100 in 2005.
YearEvansville, INIndiana
2005 Q1100100
2005 Q2101101
2005 Q3101102
2005 Q4101103
2006 Q1102103
2006 Q2102102
2006 Q3103103
2006 Q4104104
2007 Q1104104
2007 Q2105105
2007 Q3104104
2007 Q4103104
2008 Q1105105
2008 Q2105104
2008 Q3103103
2008 Q4101103
2009 Q1103104
2009 Q2102103
2009 Q3101101
2009 Q4101101
2010 Q110099
2010 Q2101100
2010 Q3103101
2010 Q4101101
2011 Q110098
2011 Q210198
2011 Q310399
2011 Q410399
2012 Q110398
2012 Q210398
2012 Q310399
2012 Q410399
2013 Q110499
2013 Q210399
2013 Q3104100
2013 Q4103100
2014 Q1106100
2014 Q2105101
2014 Q3106102
2014 Q4106103
2015 Q1108104
2015 Q2108105
2015 Q3109106
2015 Q4109106
2016 Q1110106
2016 Q2111108
2016 Q3113110
2016 Q4112111
2017 Q1113111
2017 Q2114113
2017 Q3114115
2017 Q4117116
2018 Q1118118
2018 Q2120120
2018 Q3121122
2018 Q4122123
2019 Q1123124
2019 Q2125127
2019 Q3128129
2019 Q4127130
2020 Q1129132
2020 Q2130133
2020 Q3131136
2020 Q4135139
2021 Q1137142
2021 Q2146150
2021 Q3151158
2021 Q4156163
2022 Q1160168
2022 Q2169178
2022 Q3172182
2022 Q4170181
2023 Q1171182
2023 Q2178190
2023 Q3183192
2023 Q4180193
2024 Q1180195
2024 Q2187201
2024 Q3189204
2024 Q4190205
2025 Q1190207
2025 Q2198211
2025 Q3198213
2025 Q4197215
2026 Q1202217
2026 Q2202221

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +6.1% a year over ten years, +80.6% in total.

Over this history, home prices never fell more than 2.7% from a prior peak.

The strongest year was 2022 at +13.4%, and the weakest was 2009 at -1.4%.

In 2025 alone the index moved +5.1%, against +5.2% for the state.

ZIP codes in Evansville, IN

Over the ten years to 2025, the 13 ZIP codes FHFA measures in this metro ranged from +64.6% in 47725 to +125.3% in 47713, while the metro as a whole rose 80.6%.

Fastest-rising ZIP codes

10-year change

  1. 47713+125.3%
  2. 47710+91.3%
  3. 47712+84.1%
  4. 47714+80.4%
  5. 47711+79.0%

Slowest-rising ZIP codes

10-year change

  1. 47725+64.6%
  2. 47620+67.0%
  3. 47630+73.1%
  4. 47715+73.6%
  5. 47638+75.6%
ZIP codes in Evansville, IN ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
47713-0.4%+8.9%+8.5%+125.3%
47710+4.8%+8.9%+6.7%+91.3%
47712+7.3%+8.3%+6.3%+84.1%
47714+2.5%+7.7%+6.1%+80.4%
47711+4.2%+8.5%+6.0%+79.0%
47610+1.1%+6.5%+6.0%+78.6%
47601-1.7%+8.6%+6.0%+78.4%
47720+5.3%+8.3%+5.8%+75.7%
47638+5.5%+8.8%+5.8%+75.6%
47715+1.0%+7.6%+5.7%+73.6%
47630+6.1%+8.0%+5.6%+73.1%
47620+8.3%+7.1%+5.3%+67.0%
47725+2.6%+7.3%+5.1%+64.6%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Evansville, IN and Indiana, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006102.1+2.1%101.5
2007103.3+1.1%103.0
2008102.6-0.6%102.3
2009101.2-1.4%100.7
2010100.5-0.7%98.7
2011101.2+0.6%97.1
2012102.1+0.9%97.3
2013102.6+0.5%98.2
2014104.8+2.1%100.0
2015107.7+2.7%103.8
2016110.8+2.9%107.3
2017113.7+2.7%111.9
2018119.2+4.8%119.0
2019124.9+4.8%125.7
2020130.3+4.3%133.1
2021146.7+12.6%151.2
2022166.4+13.4%174.6
2023176.6+6.2%186.7
2024185.0+4.7%198.3
2025194.4+5.1%208.6

The 13 measured metros in Indiana

Measured metros in Indiana ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Fort Wayne, IN+4.5%+10.8%+8.3%
2Lafayette-West Lafayette, IN+5.3%+10.3%+7.7%
3Michigan City-La Porte, IN+8.6%+10.3%+7.5%
4Kokomo, IN+6.5%+10.1%+7.4%
5Muncie, IN+6.6%+10.0%+7.2%
6South Bend-Mishawaka, IN-MI+4.9%+10.0%+7.7%
7Terre Haute, IN+7.6%+9.6%+6.6%
8Indianapolis-Carmel-Greenwood, IN+4.8%+9.3%+7.6%
9Elkhart-Goshen, IN+5.1%+9.2%+7.4%
10Columbus, IN+4.2%+8.7%+6.5%
11Lake County-Porter County-Jasper County, IN (metropolitan division)+4.3%+8.5%+6.4%
12Bloomington, IN+4.0%+8.3%+6.9%
13Evansville, IN+5.1%+8.3%+6.1%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Indiana row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2