Is Evansville, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evansville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Evansville has remained a Seller's Market.

Key Takeaway

Evansville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Evansville, WY

How much do homes in Evansville, WY cost?

Median Sold Price

$287,250

$86/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$62,500(-17.9%)

Key Takeaway

Homes in Evansville have sold for 17.9% less than they did a month ago.

Summary: The median home sold price in Evansville was $287,250 in May 2024, down 17.9% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $350K-
N/A
3 $296.7K$91.2K
-69.2%
4 -$432K
N/A
5+ $744.9K$447K
-40.0%

Summary: Evansville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 69.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 40%.

Median Sold Price Compared To Nearby Cities

Casper North
+14.1%
Casper South
-7.4%
Evansville
-17.9%

Housing Supply in Evansville, WY

How many homes are available in Evansville, WY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2220-9.1%

Summary: The Evansville real estate market had 20 homes for sale in May 2024, a 9.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1312
-7.7%
4 44
0.0%
5+ 43
-25.0%

Summary: The Evansville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evansville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Evansville in May 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Evansville, WY

How long does it take to sell a home in Evansville, WY?

Average Sale Time

Apr 2024May 2024CHANGE
87 Days124 Days+43.0%

Summary: Homes in Evansville had an average of 124 days on market in May 2024, up by 43% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Evansville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 4 homes were sold in Evansville; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Evansville, WY

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