Is Evanston Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Evanston Township has remained a Seller's Market.
Housing Prices in Evanston Township, IL
How much do homes in Evanston Township, IL cost?
Median Sold Price
$401,368
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Evanston Township was $401,368 in June 2024, up 5.9% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177K | $187.5K | +5.9% |
2 Bedrooms | $277.7K | $300K | +8.0% |
3 Bedrooms | $463.5K | $505K | +9.0% |
4 Bedrooms | $787.5K | $789.5K | 0.3% |
5+ Bedrooms | $962.5K | $947.5K | -1.6% |
Summary: Evanston Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Cities
Skokie | $370K | $393.8K | +6.4% |
Evanston | $379K | $401.8K | +6.0% |
Evanston Township | $379.1K | $401.3K | +5.9% |
Niles Township | $369.7K | $390.7K | +5.7% |
Wilmette | $829K | $848K | +2.3% |
Housing Supply in Evanston Township, IL
How many homes are available in Evanston Township, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
272 | 283 | +4.0% |
Summary: The Evanston Township real estate market had 283 homes for sale in June 2024, a 4.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 30 | 30 | 0.0% |
2 Bedrooms | 103 | 106 | +2.9% |
3 Bedrooms | 65 | 57 | -12.3% |
4 Bedrooms | 38 | 48 | +26.3% |
5+ Bedrooms | 36 | 42 | +16.7% |
Summary: The Evanston Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
86 | 85 | -1.2% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
44 Homes Were Sold
Over Asking
Summary: A total of 85 homes were sold or pending in Evanston Township in June 2024, down by 1.2% month-over-month. Of the 85 sold homes, 31% were sold under asking, 18% were sold at asking, and 52% were sold over asking.
Days on Market for Evanston Township, IL
How long does it take to sell a home in Evanston Township, IL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
33 Days | 15 Days | -54.5% |
Summary: Homes in Evanston Township had an average of 15 days on market in Jun 2024, down by 54.5% compared to last year.
Breakdown of Home Sale Times
73 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 85 homes were sold in Evanston Township; 86% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.