Evansville, MN—56326
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Evansville, MN
As of Oct '25, the median home price in Evansville, MN is $258,000, with a year-over-year change of 3.2%. This indicates that home prices in Evansville, MN are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $258,000 | 3.2% |
| Single Family | $259,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Evansville, MN
Evansville, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Evansville, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Evansville, MN is 145. This is a increase of 98.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $440,000 | 28.0% |
Listing Count | 5 | -30.0% |
| Listings as % of Homes | 0.2% | -30.0% |
Days on Market | 145 | 98.0% |
Demographics — Evansville, MN
As of the latest ACS Survey released in 2023, Evansville, MN has a population of 1,840, which has increased by 23.2% over the past 5 years. Evansville, MN is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,840 | 23.2% |
% Under 18 | 25.7% | 31.1% |
% Seniors | 21.7% | -8.4% |
% WFH | 10.3% | -18.3% |
% w/ College Degree | 21.1% | 31.9% |
As of the latest ACS Survey released in 2023, Evansville, MN is a predominantly white area, with 96.9% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Evansville, MN is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.3% of the population in Evansville, MN, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.9% | -2.0% |
% Black | 0.1% | ∞% |
% Hispanic | 1.3% | 1,200.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | 200.0% |
Mortgage and Risk — Evansville, MN
Evansville, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Evansville, MN
Evansville, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $800 | $740 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Evansville, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $258,000 |
| Median Household Income | $81,800 |