The Evanston housing market is very competitive. Homes in Evanston receive 3 offers on average and sell in around 37 days. The median sale price of a home in Evanston was $450K last month, up 12.5% since last year. The median sale price per square foot in Evanston is $319, up 1.9% since last year.
What is the housing market like in Evanston today?
In May 2025, Evanston home prices were up 12.5% compared to last year, selling for a median price of $450K. On average, homes in Evanston sell after 37 days on the market compared to 45 days last year. There were 61 homes sold in May this year, down from 81 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$450,000
+12.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Evanston, IL
$450,000
+12.5%
United States
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How hot is the Evanston housing market?
Evanston is very competitive. Homes sell in 43 days.
0
100
71
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 43 days.
Hot homes
can sell for about 8% above list price and go pending in around 26 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Evanston
Explore recent offers and recently sold homes in Evanston
Recent offers
Offer Not Accepted|
4 Weeks Ago
~$350K Offer
Sold for $350K
1bd | 1.5ba | ~1,250sqft
Over List Price
0%
Days on Market
21
Competing Offers
3
Down Payment
~30%
Nathan Freeborn
Evanston Redfin Agent
The buyer made a strong, above list price offer but it wasn't enough to win the bidding war.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Evanston housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Evanston.
Flood Factor - Minor
32% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Evanston has a minor risk of flooding. 2,033 properties in Evanston are likely to be
severely affected
by flooding over the next 30 years. This represents 32% of all properties in Evanston. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Evanston has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Evanston is most at risk from hurricanes. 16,204 properties in Evanston have some risk of being in a severe wind event within the next 30 years.