Market Insights · Evanston
Evanston Real Estate Market Statistics
What Evanston's housing market is doing now — prices, supply and how quickly homes sell — with what it means if you're buying or selling.
At a glance
The numbers, twelve months to September 2026
Source: MRED via InfoSparks, single-family detached, Evanston. Condominium, calendar-2025, age and new-construction figures: MRED closed sales.
What the numbers say
Evanston this month, in plain terms
Is Evanston a seller's market or a buyer's market?
A seller's market for houses. At September's pace it would take a little over a month, about 1.2 months, to sell every detached house listed in Evanston. Under four months generally favors sellers; above six favors buyers. Supply has stayed between about 0.8 and 2.2 months since 2021. A few more houses are coming to market: owners listed 457 detached houses in the last twelve months, against 438 the year before, and at the end of September there were 34 for sale. Between 2016 and 2019, Evanston typically carried two to six months of supply.
Are prices going up?
The twelve-month median for a detached Evanston house reached $850,000 in September 2026, against $806,000 a year earlier, about 5% higher. With about 340 detached sales in twelve months, Evanston's median is steadier than in the smaller villages, but it still reflects which houses happened to sell. It describes what sold; it does not mean every Evanston house appreciated by 5%. The longer direction is clear: the same measure was $515,000 in September 2019.
How fast are houses selling?
Quickly. Over the twelve months to September the median Evanston house went under contract six days after listing and sold for 101.4% of its last asking price. It took an average of eleven showings, the same as a year earlier and down from fifteen at the 2021–2022 peak. Our own analysis of 1,223 Evanston houses that went under contract between January 2023 and September 2026 found that 57% did so within eight days. About one in four took more than three weeks, though, and about one in eleven took more than two months, so a fast median doesn't guarantee a fast sale.
What does this mean if you're selling?
Low supply is on your side, but price to the houses that sold most recently near yours, not to the city median. An Evanston median mixes very different houses, from smaller homes on interior blocks to large older houses near the lake. Timing still matters at the margin: in our 2023–2026 analysis, April and May listings had the strongest observed results, by a modest margin. See the Evanston timing study.
What does this mean if you're buying?
Expect competition for well-priced houses and few to choose from at any moment: 34 detached houses at the end of September. Be ready before the right one appears, with financing in place, a clear sense of value, and an eye on Coming Soon listings that show up before they're active. Condominiums and townhouses, most of Evanston's market, have been calmer: they closed at a median of 100.0% of asking over the same twelve months, and 44% sold below asking.
Coming Soon & Private Exclusives
Before homes reach the active market
Not every Evanston sale starts as an active listing. Coming Soon homes are marketed before their broader public-market launch, giving buyers an earlier opportunity to learn about a property. Buyers can express interest and make offers during this stage; whether a seller considers an offer before the broader launch is up to the seller. Compass Private Exclusives are not publicly marketed while they are offered as Private Exclusives; some later come to the open market. Neither guarantees access to a particular home.
This year vs. a typical year
Is 2026 running hotter or cooler than usual?
Each month of 2026 so far, set against the same month’s average for 2023 to 2025. When a bigger share of the available houses goes under contract than usual, buyers are outpacing supply.
1 · How many houses were available, and how many went under contract
Homes available, 2026Went under contract, 2026Typical for that month (2023–2025 average)
2 · Showings per listing: how many showings each house drew that month
2026Typical for that month (2023–2025 average)
Monthly figures
| Month | Homes available, 2026 | Under contract, 2026 | Share under contract, 2026 (typical) | Showings per listing, 2026 (typical) |
|---|---|---|---|---|
| January | 55 | 21 | 38% (30%) | 9.1 (8.6) |
| February | 74 | 26 | 35% (37%) | 9.5 (9.1) |
| March | 88 | 48 | 55% (44%) | 6.4 (9.6) |
| April | 76 | 34 | 45% (44%) | 8.5 (8.0) |
| May | 81 | 37 | 46% (42%) | 8.1 (6.7) |
| June | 78 | 31 | 40% (41%) | 6.0 (6.6) |
| July | 80 | 36 | 45% (32%) | 7.9 (6.0) |
| August | 66 | 25 | 38% (30%) | 5.9 (5.2) |
| September | 71 | 23 | 32% (30%) | 5.2 (5.6) |
| October | – | – | – (32%) | – (5.3) |
| November | – | – | – (23%) | – (4.3) |
| December | – | – | – (27%) | – (5.4) |
Through September, 2026 has run a little busier than usual for Evanston houses. From January through September, 386 detached houses came to market, against a typical 375 for those months, about 3% more, and 281 went under contract, against a typical 266, about 6% more. The share of available houses that went under contract was above typical in seven of the nine months. The widest gaps were in March, when 48 of 88 available houses went under contract (55%) against a typical 44%, and July, at 45% against a typical 32%. Showings per listing were close to typical overall, averaging about 7.4 a month against 7.3, but ran well below typical in March (6.4 against 9.6) and above it in May and July.
Evanston, detached houses. 2026 figures through September 2026; typical = the 2023, 2024 and 2025 average for the same month. Homes available: houses for sale at the end of the previous month plus new listings that month. Under contract: pending sales by contract month. Showings per listing: showing data from ShowingTime, counting only showings scheduled through ShowingTime. Source: MRED via InfoSparks, read 5 Oct 2026. Updated monthly.
Live charts
The trend, back to 2016
These charts update automatically from MRED, so they may show a newer month than the text above.
Median sale price
Evanston, single-family detached. Each point is 12 months of activity. Source: MRED via InfoSparks, updated automatically. This chart starts in 2016.
The median stayed between about $505,000 and $585,000 from 2016 through 2020. It passed $700,000 in 2024 and $800,000 in mid-2025, and was $850,000 in September 2026.
Months supply of homes for sale
Evanston, single-family detached. Each point is one month of activity. Source: MRED via InfoSparks, updated automatically. This chart starts in 2016.
How long it would take to sell everything listed at the current pace. Evanston carried about two to six months of supply from 2016 to 2019 and has stayed between about one and two months since 2021.
Average showings to contract
Evanston, single-family detached. Each point is 12 months of activity. Source: MRED via InfoSparks, updated automatically. This chart starts in 2016.
Fewer showings per contract means buyers decide faster. Evanston now runs at about eleven, against fifteen at the 2021–2022 peak.
New listings
Evanston, single-family detached. Each point is one month. Source: MRED via InfoSparks, updated automatically. This chart starts in 2016.
How many houses come to market each month. The spring peak shows the selling season; the last twelve months brought 457 new listings, up from 438.
Condominiums and townhouses
The attached market, twelve months to September 2026
Condominiums and townhouses are most of Evanston's market: 508 of the 847 detached and attached homes sold over these twelve months, or six in ten. They behave differently from detached houses, so they get their own figures.
The attached market moves at a steadier pace than the house market. The median condominium or townhouse went under contract in eight days, against six for detached houses, and sold at exactly its asking price rather than above it. Sales came from across the city, with the largest numbers on Hinman, Sherman, Ridge, Central and Maple, close to downtown and the lake. With more than 500 sales a year, these figures are steady enough to compare from one year to the next, though the mix of buildings that sold still moves the median.
Source: MRED closed sales, October 2025–September 2026, condominiums and townhouses in Evanston. The live charts above cover detached houses only.
Calendar 2025
Where the sales happened
Every closed sale in Evanston in 2025: detached houses, townhouses and condominiums. Two- to four-unit buildings and vacant land excluded. Refreshed each January.
781 sales in all: median $465,000, average $612,221. Detached houses only: 323 sales, median $822,669. Condominiums and townhouses: 458 sales, median $336,000, from $98,000 to $2,000,000. Most condominium and townhouse sales were under $500,000, while detached sales spread from about $250,000 to above $2 million, with the most between $500,000 and $1.5 million. Source: MRED closed sales, January–December 2025.
Age of homes sold
When the houses that sold were built
Detached houses sold in the twelve months to September 2026, by the decade they were built.
Nearly all the houses that sold come from two periods: before 1940 (193 of 335, including 53 built before 1900) and the postwar decades from the 1940s through the 1960s (124). Very few houses built between 1970 and 1999 sold, only 5, and just 13 were built in 2000 or later. Year built describes when a house was first constructed; it says little about its condition, renovations, additions or how it compares with any other house.
Condominiums and townhouses tell a different story. Of the 481 attached homes sold with a recorded year, the two largest groups were built in the 2000s (113) and the 1920s (94), and the median attached home sold was built in 1964.
Year built as recorded in the MLS listing. 4 detached and 27 attached sales listed the year as unknown and are excluded. A house rebuilt on an older lot shows its new construction year. Source: MRED closed sales, October 2025–September 2026. Refreshed monthly.
New construction
What sold as new construction in Evanston
Newly built detached houses that closed in the twelve months to September 2026, treated as their own segment of the market.
In the twelve months to September 2026, only 2 of the 339 detached houses that sold in Evanston were new construction. With so few sales, no typical price can be given. New houses are a very small part of what changes hands in Evanston, where most detached houses that sell were built before 1940.
New construction means a detached house marked as new construction in the MLS listing. Source: MRED closed sales, October 2025–September 2026. Refreshed monthly.
Method
How these numbers are calculated
- Source. MRED, the multiple listing service for northern Illinois, via its InfoSparks reporting tool.
- What's counted. Single-family detached houses in Evanston unless a figure says otherwise. The condominium and townhouse section and the calendar-2025 price bands include attached homes. Two- to four-unit buildings are not included.
- Twelve-month figures. Price and showings use a rolling twelve months, so a few unusual sales in one month don't swing the picture.
- Year built. The age-of-homes section uses the year built recorded in each MLS listing; listings marked unknown are left out.
- Median first. The median is the middle sale. We show it ahead of the average, which a few very large sales can pull up.
- New construction. A detached house marked as new construction in the MLS listing. Shown as its own segment, with a median only when there are at least five sales.
- This year vs. a typical year. Each month of the current year is compared with the average of the same month in the last three full years. “Homes available” is the houses for sale at the end of the previous month plus that month’s new listings, so each house counts once whether it went under contract, stayed on the market or was withdrawn.
- Updates. The text and figures are refreshed monthly. The live charts update themselves and may show a newer month than the text.
Keep reading
More on Evanston
The best month to sell
What listing month showed for price and speed, 2023 to 2026.
Read the StudyMarket statistics for other North Shore towns:
What would your Evanston home sell for?
The market figures describe Evanston as a whole. A valuation looks at your home and the sales around it.
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