Metro area index
Home appreciation in the Evansville, IN metro area
FHFA HPI® data shows the Evansville, IN metro area's all-transactions index changed +2.4% over the year to Q2 2026, versus +4.6% for Indiana and +3.0% for the U.S. That ranks 263rd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +2.4%
- 5-year change
- +38.5%
- Since Q1 1995
- +208%
- Metro rank (1 year)
- 263rd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Evansville, IN vs Indiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Evansville, IN: 308.4
- Indiana: 319.8
- United States: 391.6
Appreciation by time window
| Window | Metro | IN | U.S. | Gap vs IN | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.4% | +4.6% | +3.0% | −2.2 pts | −0.7 pts |
| 3 years | +14.1% | +16.2% | +12.9% | −2.2 pts | +1.2 pts |
| 5 years | +38.5% | +46.7% | +41.3% | −8.1 pts | −2.8 pts |
| 10 years | +83.1% | +104% | +93.3% | −20.6 pts | −10.3 pts |
| Since Q1 1995 | +208% | +220% | +292% | −11.5 pts | −83.2 pts |
3-digit ZIP regions in the Evansville, IN area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 477 · Evansville, IN area | IN | +1.9% | +38.7% | +214% | 100% |
| 476 · Princeton, IN area | IN | +6.1% | +39.9% | +215% | 64% |
Boom, bust, and recovery in Evansville, IN area
Evansville, IN area's index peaked in Q2 2007, fell 5.0% to its low in Q1 2010, and regained its peak in Q1 2014, about 6.8 years after the top. Today it sits +92.8% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2007 | Q1 2010 | -5.0% | Q1 2014 (6.8 yrs) | +92.8% |
| IN | Q1 2008 | Q2 2011 | -7.3% | Q3 2015 (7.5 yrs) | +110% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Evansville, IN area's index has changed +39.3% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | IN after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -1.4% | +0.7% | -0.8% |
| 3 years | +9.8% | +3.9% | +5.8% | +2.8% |
| 5 years | +24.0% | +11.7% | +18.3% | +13.9% |
| 10 years | +39.1% | +31.6% | +46.4% | +39.0% |
| Since Q1 1995 | +121% | +39.3% | +44.5% | +76.8% |
If you bought in the Evansville, IN area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +204% | $912,668 |
| Q2 2000 | +139% | $717,784 |
| Q2 2005 | +101% | $604,311 |
| Q2 2010 | +100% | $601,482 |
| Q2 2015 | +87.8% | $563,489 |
| Q2 2020 | +55.7% | $467,212 |
| Q2 2021 | +38.5% | $415,542 |
| Q2 2023 | +14.1% | $342,242 |
| Q2 2025 | +2.4% | $307,080 |
Frequently asked questions
- How much have home prices risen in the Evansville, IN area?
- FHFA HPI® data for the Evansville, IN metro area shows changes of +2.4% over one year, +38.5% over five years, and +83.1% over ten years to Q2 2026, and +208% since Q1 1995.
- Is the Evansville, IN area beating the national average?
- Over the past year the metro's index moved −0.7 pts versus the U.S.; over five years the gap is −2.8 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.