The story of this market
The typical home in ZIP 47712 sells for about $174,950, or $124 per square foot.
Prices are down 16.69% from a year ago, which gives buyers more room to negotiate. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $937 a month.
ZIP 47712 — Evansville
The 47712 housing market is currently experiencing a significant correction with median sold prices declining by over 16% year-over-year. Inventory remains constrained, yet the high share of price cuts suggests cooling buyer demand and a shift toward a more buyer-friendly environment.
Median prices moved down 16.7% year over year.
Homes spend a median of 44 days on market with 0.2 months of supply — a fast-moving market.
22% 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 1.9% · poverty 12.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47712, 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.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Data sourced from ZCTA-level census profiles and regional market reports.
- Urban Air Trampoline and Adventure Park3.810.5 mi
- Sky Zone Trampoline Park4.410.6 mi
- Burgh House & Family Entertainment Center4.415.5 mi
- Chuck E. Cheese4.310.7 mi
- Elite Air Evansville Trampoline Park4.511.7 mi
- Ford Center4.46.5 mi
- Old National Events Plaza4.56.7 mi
- Ellis Park Racing & Gaming4.27.3 mi
- Golden Corral Buffet & Grill4.312.1 mi
- COMFORT by the Cross-Eyed Cricket4.46.3 mi
- Mesker Park Zoo4.35.8 mi
- Burdette Park4.52.1 mi
- Showplace Cinemas Evansville East 204.410.8 mi
- AMC Evansville 164.33.2 mi
- Angel Mounds State Historic Site4.412.3 mi
- Angel Mounds State Historic Site4.412.3 mi
- John James Audubon State Park4.57.2 mi
- Children's Museum of Evansville4.46.4 mi
- Evansville Museum4.56.1 mi
- USS LST-3254.85.9 mi
- Mesker Park Zoo4.35.8 mi
- Burdette Park4.52.1 mi
- Deaconess Sports Park EVV4.512 mi
- Angel Mounds State Historic Site4.412.3 mi
- John James Audubon State Park4.57.2 mi
- Walther's Golf & Fun4.57.2 mi
- The Bridges Golf Course of Henderson4.18.8 mi
- Fendrich Golf Course4.29 mi
- Helfrich Golf Course4.25.7 mi
- McDonald Golf Course4.39.8 mi
- Eastland Mall4.210.5 mi
- Meijer4.310.9 mi
- Ross Dress for Less4.311 mi
- Rural King4.39.4 mi
- T.J. Maxx4.311.6 mi
- Evansville Regional Airport4.311.1 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.