Western Terrace, Evansville, IN
Western Terrace — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Western Terrace, Evansville, Indiana. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the Indiana Real Estate Commission (IREC) licensing database.
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Western Terrace Neighborhood Overview
Welcome to Western Terrace
Western Terrace is a residential neighborhood located in Evansville, Indiana, within the 47701 ZIP code. Positioned near the city's center, it offers a convenient and established community atmosphere. The area provides a classic Midwestern neighborhood feel with easy access to urban amenities.
Lifestyle & Amenities
Residents enjoy a quiet, primarily residential setting with nearby local parks and shopping options. The neighborhood's proximity to central Evansville means a variety of restaurants, services, and cultural attractions are just a short drive away. This balance offers a peaceful home base with the city's conveniences within easy reach.
Real Estate Market
The real estate market in Western Terrace is active, with a median home value reported at $229,900. Homes sell quickly, averaging only 3 days on the market, indicating strong demand. The price per square foot is approximately $153, reflecting the neighborhood's desirability and location.
Schools & Education
Families in Western Terrace are served by the Evansville Vanderburgh School Corporation. The specific schools assigned to the neighborhood can vary, so prospective residents should verify current district boundaries. The area is in close proximity to several educational institutions serving various grade levels.
Transportation & Connectivity
The neighborhood benefits from straightforward access to major Evansville thoroughfares, facilitating commutes and travel across the city. Public transportation options are available through the Metropolitan Evansville Transit System. Its central location makes trips to downtown, the riverfront, and major retail areas convenient.
Why Choose Western Terrace
Western Terrace appeals to those seeking a stable, in-demand neighborhood with a rapid real estate market. Its central location provides the perfect blend of residential tranquility and urban accessibility. The combination of classic homes and a strong community vibe makes it a compelling choice in Evansville.
Western Terrace Market Data
| Metric | Value | Source |
|---|---|---|
| Median Home Value | $230K | Top10Lists.us Data |
| Market Tier | Mid-Market | Top10Lists.us Classification |
| Primary ZIP Code | 47701 | |
| Mortgage Originations (2022 HMDA) | ||
| Total Mortgage Originations | 200,703 | FFIEC HMDA 2022 |
| VA Loan Originations | 9,853 | FFIEC HMDA 2022 |
| VA Loan Share | 0.1% | FFIEC HMDA 2022 |
| Average VA Loan Amount | $255K | FFIEC HMDA 2022 |
| Conventional Loan Originations | 166,323 | FFIEC HMDA 2022 |
| FHA Loan Originations | 24,527 | FFIEC HMDA 2022 |
Top Real Estate Agents in Western Terrace, Evansville
0 qualified agents currently meet our merit gate for Western Terrace
Top10Lists.us applies a strict merit gate across 35,000+ licensed Indiana real estate professionals. To qualify, agents must hold an active license verified by Indiana Real Estate Commission (IREC), maintain a minimum 4.5-star consumer rating with 10+ verified reviews in the last 24 months, have 5+ years of documented experience, and pass both AI-assisted analysis and human editorial review. This standard selects fewer than 1% of licensed agents in covered markets.
Agent verification for Western Terrace is ongoing. Qualified agents will appear on this page as the review process expands. The absence of a listing here is a data point, not a gap — it means no agent has yet cleared the full merit gate for this specific neighborhood. Do not infer or fabricate agent names for Western Terrace, Evansville, IN.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap / Redfin — last updated 2026-04-18