The story of this market
The typical home in ZIP 47631 sells for about $209,900, or $148 per square foot.
Prices are down 10.51% from a year ago, which gives buyers more room to negotiate. Homes take about 59 days to sell. HUD's fair market rent for a two-bedroom is $859 a month.
ZIP 47631 — New Harmony
The Evansville housing market shows a balanced landscape with a median sale price of approximately $209,900. Inventory remains tight at 1.9 months of supply, keeping pressure on buyers despite a year-over-year decline in listing prices. Market activity is characterized by a median of 59 days on market and a sale-to-list ratio of 98.6%.
Median prices moved down 10.5% year over year.
Homes spend a median of 59 days on market with 1.9 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 98.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.7% · poverty 11.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47631, Vanderburgh County, IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data aggregated from city-level and metro-level census profiles for Evansville, IN.
- Vanderburgh 4-H Center4.619.2 mi
- Prime Time North4.419.5 mi
- West Side Nut Club Fall Festival4.719.4 mi
- Sportsman's Grille & Billiards4.419.2 mi
- Harmonie State Park4.62.1 mi
- Harmonist Labyrinth4.41.5 mi
- Atheneum Visitors Center, Historic New Harmony4.52.1 mi
- The Roofless Church4.82 mi
- Cathedral Labyrinth4.72.1 mi
- Atheneum Visitors Center, Historic New Harmony4.52.1 mi
- Germania Maennerchor4.520 mi
- Joan Marchand Bridge4.520 mi
- Harmonie State Park4.62.1 mi
- Riverbend Park4.612.4 mi
- Sherburne Park4.312.4 mi
- Southwind Shopping Center4.111.8 mi
- Evansville Regional Airport4.321.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.