Year over year, University South home values have trended higher, with the typical home value up about 8 percent in this rolling three-month view. Median list prices rose even faster, climbing more than 30 percent from a year ago. At the same time, far fewer homes are hitting the market and selling compared with last year.
In the latest three-month period ending in September 2026, typical home value and median sale price both sit around $215,000, with a median list price just over $210,000. Homes are moving quickly, taking a median of only six days to go under contract, and nearly three out of four are off the market within two weeks, yet months of supply has grown to about 1.9 months as sales and new listings have pulled back.
Listing activity has dropped sharply, with active listings, new listings, and pending sales all down by roughly half or more from a year ago, and homes sold have also declined by more than a third. Even so, roughly one in five recent sales closed above the asking price, and sellers are still receiving about 99 percent of list on average, underscoring ongoing seller leverage. Compared with the broader Evansville market, University South has higher prices and lower inventory, reinforcing its seller’s market status versus the city’s 3.4 months of supply and lower typical sale price. Buyers and sellers who want to navigate these tight conditions can turn to Agent Pronto to connect with an experienced local agent who understands this neighborhood’s trends.
