Evansville, WI Real Estate

Evansville, Wisconsin is a quaint community with preserved buildings and a historic atmosphere. The Evansville Historic Preservation Commission maintains the beautiful buildings that have been listed as a Historic District since 1978 by the National Register. Populated by 4,912 people, Evansville has been a big entertainment area since the beginning of its establishment. The city is covered in maple trees that line the streets. The preservation of the trees generated the name “Tree City” by the Arbor Day Foundation. The area has developing industries, businesses and agricultural investments. Located between Madison and Janesville, residents enjoy country living within a peaceful atmosphere.

The Evansville area provides an array of homes for sale. Houses on the market include beautiful historic 1860s homes, immaculate three-bedroom Ranches, spectacular Cape Cods and custom built homes.

There are several Condominium developments in the area. Several of the units are uppers and lowers, but there are two-story units with a basement. Newer condo’s in the area start around $98,000. There are quiet cul-de-sacs and subdivisions with four-bedroom Cape Cods.

Home builders in the Evansville area include Preferred Homes, Eastwood Homes and Richards Construction. The average price of a home is $143,900 with the cost of living 10.50 percent lower than the U.S. average.

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Evansville is well-known for its entertainment and events. Its early days saw the famous Hall Circus and traveling entertainers. The city is now home to many art performances and events.

Lake Leota hosts many events held by the city. Concerts on Lake Leota is a free concert event held at Lake Leota Park. Lake Leota Music and Art Festival showcases artist’s work, classic rock and rhythm and blues music. The Evansville Community Band reunites each summer and performs concerts on the lake.

The Performing Arts Center offers performances using advanced technology to put on the shows. Seating for more than 600 people, audiences can enjoy the recitals and musicals. The Evansville Community Theater hosts a variety of shows including circus acts, comedians, plays and musical productions that the whole family can enjoy.

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Early settlers called the area “The Grove” because of the large acres of maple trees that populated the settlement. Agricultural land attracted settlers from the east coast. In 1855, the first town emerged with construction of wood-frame homes, churches and shops. Agriculture was the main industry led by wheat and tobacco. In 1863, the first railroad service sparked a steady growth to the area. City development began in the late 1870s with residential, commercial and manufacturing districts that are recognized today. Evansville was established as a city in 1896.

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Evansville properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Levi Leonard Elementary School (Evansville) Evansville Community School District public 379 Not Provided Levi Leonard Elementary School GreatSchools Rating
Theodore Robinson Intermediate School (Evansville) Evansville Community School District public 412 Not Provided Theodore Robinson Intermediate School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
J C Mckenna Middle School (Evansville) Evansville Community School District public 414 Not Provided J C Mckenna Middle School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Evansville High School (Evansville) Evansville Community School District public 512 Not Provided Evansville High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 8,647 159,838 5,742,119
Total Households 3,325 63,666 2,299,100
Total Families 2,336 41,901 1,469,281
Population Density 95 5,991 446,124
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 64% 55% 56%
Blue Collar Jobs 36% 45% 44%

Top Occupations

Professions Population Employed
Healthcare 1,375
Transportation 767
Manufacturing 744
Management 638
Education 594
Sales 583
Information, Scientific and Technical 581
Retail 532
Natural Resources 349
Construction 304

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 3,548 68,349 2,641,602
Owner Occupied Housing Units 2,492 44,046 1,547,197
Renter Occupied Housing Units 832 19,663 751,903
Vacant Housing Units 223 4,641 342,513
Occupancy Rate 94% 93% 87%
Vehicles Per Housing Unit 2 24 1,563

Commute Time To Work

  City County State
Less than 5 minutes 201 2,742 124,926
5 - 14 minutes 816 10,925 372,339
15 - 29 minutes 1,078 12,242 448,858
30 - 44 minutes 1,378 7,496 291,133
45-59 minutes 518 5,617 152,657
Over 60 minutes 257 2,896 85,684

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 322 11,906 347,427
High School Graduate 1,874 39,486 1,239,522
Some College 1,376 23,180 817,979
Associates Degree 749 11,016 390,482
Bachelors Degree 986 14,506 713,854
Graduate Degree 433 5,782 261,638

Education Attainment


Market Conditions

Market Conditions for Evansville

April 2019

Median Sale Price
$236,950

 UP 10.26%
vs. Month Ago
Homes for Sale
37

 UP 12.12%
vs. Month Ago
Homes Sold
8

 DOWN -27.27%
vs. Month Ago
Avg Days on Market
35

 UP 6.06%
vs. Month Ago

Median Sale Price

The median sale price for homes in April was $236,950. The median sales price for homes in April rose by $22,050 compared to last month. This represents a 10.26% increase from March. Compared to the same month last year, the median price of homes rose by $61,700 representing a 35.2% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale rose by 4 in April to 37. This represents 12.12% increase from March when 33 homes were on the market. Compared to the same month last year when there were 28 homes for sale, the inventory of homes for sale has risen by 9 representing a 32.14% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The 8 homes sold in April was 3 less than in March. This represents a 27.27% decrease in sales from March. Compared to the same month last year, the number of homes sold decreased by 2, a -20% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Avg Days on Market

The average days on market for a home sold in April (35) increased by 2 days compared to March. This represents a 6.06% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 5, a -12.5% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 96.32% in April fell by 1.49% compared to March and increased 0.68% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in April (12) rose by 7 compared to March, a 140% change. Compared to April 2018, the number of new listings remained level

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Homes

The median list price in April was $241,900. The median list price for homes in April fell by ($33,000) compared to last month. This represents a 12% decrease from March. Compared to the same month last year, the median list price of homes increased $32,450 representing a 15.49% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.


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