Housing in Evanston, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$476,000

Median List Price

$399,000

Price Per Sq Ft

$301

Days on Market

56

Active Inventory

104

Months of Supply

2.7

Seller's market

Zillow Home Value

$452,257

ZHVI — January 2026

Zillow Rent Index

$2,366

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 18.1%List Price 8.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

28.2%

Off Market in 2 Weeks

43.4%

Sale-to-List Ratio

98.7%

Buyer's market

Sold Above Asking
28.2%
Under Contract in 2 Wks
43.4%
Listings with Price Drops
10.6%

Market Activity

Source: Redfin

Homes Sold

39

New Listings

54

Pending Sales

53

Homes Sold 31.6%New Listings 27.0%Pending 43.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$301

Median List $/SF

$305

Sale $/SF 8.7%List $/SF 4.4%Mar 24Jan 26

Evanston vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Evanston is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$472,300

Median Rent

$1,698

Total Housing Units

33,914

Vacancy Rate

7.5%

Owner Occupied

55.8%

Renter Occupied

44.2%

Median Property Tax

$8,953

per year

Monthly Cost (w/ Mortgage)

$2,185

Housing Types

Single Family
37.0%
Multi-Family
62.9%
Mobile Home
0.2%

The current median sale price in Evanston, IL is $476,000 according to Redfin data. Homes spend a median of 56 days on the market. 28.2% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $301. Zillow's observed rent index is $2,366/month. About 55.8% of housing units are owner-occupied. The median year homes were built is 1952. There are 33,914 total housing units.