Evanston, IL Home Values & Market Trends
Real estate market trends reflect that there have been 1,002 transactions over the past year in Evanston. The median value for residential home transactions that occurred over the previous year is $434,210.55. The number of current listings in Evanston is 22, and the percentage of properties for sale in the city is 22.00%. Evanston, IL currently has 47 properties in foreclosure, 2 bank owned properties, 12 properties headed for auction, and 22 properties for sale.
Evanston, IL Real Estate Market Overview
Housing Market Summary for Evanston, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $469K | $405.9K | -13.45% |
| Median Sold Price | $394.6K | $405.9K | 2.86% |
| Homes For Sale | 21 | 24 | 14.29% |
| Homes Sold | 620 | 608 | -1.94% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Evanston, IL
Browse Homes in Evanston, IL
Evanston home values range from $29,476 to $4,980,370. The median estimated value of a home in Evanston is $434,210.55. The median list price of a home is 449,850, and the total count of properties in the city is 20,898.
- Pre-ForeclosurePre-foreclosure homes account for 0.16% of all residential properties in Evanston, IL with 60202 containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Evanston, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $918,500 in 60203 to the lowest home value of $129,255 in 60202.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Evanston, IL ranges from the highest value of $839,000 in 60202 to the lowest value of $159,900 in 60202. Bank owned homes and properties account for 0.01% of properties in Evanston, IL. There are 5 zips within Evanston, IL; 60202 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60202 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Evanston, IL. Auction homes and other auction properties account for 0.06% of all properties in Evanston, IL. There are 5 zips within Evanston, IL; of those zips, the median estimated home value for homes going to auction ranges from $863,250 in 60203 to the lowest value of $216,166 in 60203.
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