A typical Evansville home is worth roughly $133,000
The median sale price was $200,000 in March 2026.
Only 2 sales in March 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Evansville?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.1 years of income
Less than across Minnesota (3.7 years). Try your own numbers below.
That covers a typical Evansville home, with $109K to spare.
A two-bedroom rents for about $970 a month here, $150 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Evansville’s typical property tax (1.10% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $970
Renters already here pay a median of $700, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Douglas County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Evansville in 2025. The last year with any was 2024 (2 new homes).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 2 | 2 | 0 | $641,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 1 | 1 | 0 | $215,000 |
| 2017 | 1 | 1 | 0 | $200,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $167,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $168,000 |
| 2008 | 1 | 1 | 0 | $80,000 |
| 2007 | 1 | 1 | 0 | $153,000 |
| 2006 | 3 | 3 | 0 | $447,000 |
| 2005 | 6 | 6 | 0 | $828,000 |
| 2004 | 6 | 6 | 0 | $777,000 |
| 2003 | 8 | 8 | 0 | $983,000 |
| 2002 | 1 | 1 | 0 | $110,000 |
| 2001 | 3 | 3 | 0 | $282,000 |
| 2000 | 1 | 1 | 0 | $79,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
70% of Evansville households own their home
Half of Evansville’s homes were built before 1972.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Evansville buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.