What Your Home is Really Worth in 2025: A Local Guide for Evansville, Newburgh & Jasper Sellers
If you’ve been thinking about selling your home in Evansville, Newburgh, Jasper, or the surrounding areas, you're not alone. Homeowners across Southern Indiana are asking the same question: What is my home really worth in today’s market?
Whether you're upsizing, downsizing, or just curious, understanding your home’s current value is the first (and most important) step in making a smart move.
The 2025 Real Estate Market: A Snapshot
So far in 2025, we’ve seen a steady real estate market in Southwestern Indiana. While interest rates have remained relatively stable compared to the past two years, housing inventory is still tight — especially in desirable neighborhoods throughout Vanderburgh, Warrick, and Dubois counties.
This low inventory continues to drive demand, particularly for well-maintained homes priced competitively. In other words, if you’ve owned your home for more than a few years, there’s a good chance its value has increased — possibly more than you expect.
Why Home Values Vary by Area
One of the most common misconceptions sellers have is assuming that home values rise evenly across all areas. In reality, even neighborhoods just a few blocks apart can have dramatically different price trends.
Here's a quick look at how values can vary by location:
Evansville, IN – Popular for its affordability and proximity to amenities, especially the North Side and East Side. Homes here are moving quickly when priced right.
Newburgh, IN – Known for its excellent schools and riverside charm. Homes in Newburgh often command premium prices, especially those in subdivisions like Victoria, Rolling Hills, and Berkshire.
Jasper, IN – With its strong job market and sense of community, Jasper continues to attract buyers from all over Southern Indiana. Well-kept homes here often sell with minimal time on the market.
Factors That Impact Your Home's Value
If you're wondering what your specific home is worth, keep in mind that local comparables ("comps") are only part of the equation. Other influencing factors include:
Updates & condition – A well-maintained home with modern updates will almost always sell for more.
Curb appeal – Landscaping, exterior cleanliness, and general first impressions matter.
Square footage & layout – Open floor plans and usable living space boost value.
School district – Especially important in Newburgh and Jasper.
Recent sales nearby – What other homes have sold for in your neighborhood has a direct impact.
How to Get an Accurate Value in 2025
While online estimates (like Zillow or Redfin) can provide a rough idea, they often fail to consider local market trends or the unique features of your home.
The most accurate way to determine your home’s value? A detailed market analysis performed by a real estate professional who knows the local market inside and out.