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Today: September 22, 2025

Current Price

$429,018

1 Month Forecast

$466,155

1-Year Forecast *

$489,487

5-Year Forecast *

$550,030

"Is it a good time to buy homes in Evanston?" "Does investing in real estate in Evanston (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Evanston is a good short-term (1-year) investment*. The Evanston average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Evanston" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Evanston in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Evanston can be a profitable property investment option. The median price of an average house in Evanston was 429,018 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Evanston" area is 550,030 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +28.21% meaning that investing 100000 USD today may yield a profit of 28,207 USD by 2030.

Current Median Listing Price: 429,018 USD Median Listing Price Per Square Foot: 238 USD

Evanston Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Evanston (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Evanston Price Target

Evanston median home price target in 12 months: $489,487* (upside of 14.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $457,260 $463,636 $457,260 $463,636
2024 $413,418 $429,018 $413,418 $429,018
2023 $403,018 $414,776 $401,785 $415,519
2022 $389,708 $403,635 $389,708 $408,182
2021 $367,460 $388,222 $367,460 $388,222
2020 $355,839 $364,363 $353,952 $364,363
2019 $362,010 $354,600 $354,600 $362,441
2018 $363,037 $362,125 $362,125 $371,989
2017 $352,083 $361,060 $352,083 $361,060
2016 $344,554 $349,623 $344,122 $349,623
2015 $331,066 $342,735 $331,066 $342,735
2014 $314,499 $330,965 $314,499 $331,171
2013 $275,254 $311,433 $275,254 $311,433
2012 $289,988 $274,460 $273,052 $289,988

Questions & Answers about the Evanston Housing Market Forecast

How much does an average home cost in Evanston today?

The value of an average home (the listing price) in Evanston is $429,018 USD.

What is the average price per square foot in Evanston?

According to Walletinvestor the median price per square foot in Evanston is 238 USD.

Will the median listing price of homes in Evanston grow / rise / go up?

Yes. The Evanston home prices may rise from 429,018 USD to 489,487 USD in one year.

Is it profitable to invest in Evanston homes?

Yes. The long-term profit potential is +14.09% in one year.

Will Evanston house prices fall / drop?

No. See above.

What is the predicted price of a Evanston home in 2030?

The predicted home sales price of a Evanston home in 2030 in Evanston is 550,030 USD.

What is the predicted price of a Evanston home in 2035?

The predicted home sales price of a Evanston home in 2035 in Evanston is 652,523 USD.

Will real estate prices decrease in Evanston?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Evanston is the 626. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Cook, Evanston increased, looking at the past 12 months.

According to Walletinvestor's Evanston real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.553% to 429,018 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 13.845% in 2020
  • 15.125% in 2021
  • 15.045% in 2022
  • 13.475% in 2023
  • 14.435% in 2024
  • 14.865% in 2025

Based on our Evanston real estate market research and report the predicted sales prices will increase by 273.816% in the next 10 years.

Over the last 12 months, the value of homes in Evanston fluctuated: increasing 9 times and decreasing 1 times.

Evanston (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Evanston Housing Market Forecast with Real Estate Prices for 2025
August 2025 466155 435855 496455
September 2025 468687 433067 504307
October 2025 471233 431649 510816
November 2025 473793 444891 502694
December 2025 476366 443973 508759
Evanston Housing Market Forecast with Real Estate Prices for 2026
January 2026 478954 438722 519186
February 2026 481556 434845 528266
March 2026 484171 437691 530652
April 2026 485980 444185 527774
May 2026 487039 455869 518210
June 2026 488445 447415 529474
July 2026 489487 461097 517878
August 2026 491062 456688 525437
September 2026 492442 456987 527898
October 2026 494400 450398 538401
November 2026 496292 447655 544928
December 2026 498988 468549 529426
Evanston Housing Market Forecast with Real Estate Prices for 2027
January 2027 501698 464572 538824
February 2027 504423 479202 529645
March 2027 507163 472169 542158
April 2027 509918 467595 552242
May 2027 511378 485298 537459
June 2027 510911 476169 545653
July 2027 509084 469885 548283
August 2027 507264 461103 553425
September 2027 506619 464063 549175
October 2027 507121 478722 535519
November 2027 506345 473939 538751
December 2027 505075 461133 549016
Evanston Housing Market Forecast with Real Estate Prices for 2028
January 2028 504796 473499 536093
February 2028 506896 480031 533762
March 2028 509650 476522 542777
April 2028 512418 464763 560073
May 2028 515202 465227 565176
June 2028 518000 490546 545454
July 2028 519792 490683 548900
August 2028 520888 476091 565684
September 2028 520901 490689 551113
October 2028 519970 489292 550649
November 2028 518268 491318 545217
December 2028 518481 480632 556330
Evanston Housing Market Forecast with Real Estate Prices for 2029
January 2029 521297 485328 557267
February 2029 524129 492681 555577
March 2029 526976 492196 561757
April 2029 528854 477026 580681
May 2029 529802 492186 567418
June 2029 530471 484320 576622
July 2029 531026 499164 562887
August 2029 531194 497729 564659
September 2029 532140 489036 575243
October 2029 533961 481633 586289
November 2029 536862 498207 575516
December 2029 539778 491198 588358
Evanston Housing Market Forecast with Real Estate Prices for 2030
January 2030 541868 507731 576006
February 2030 542228 491258 593197
March 2030 541912 502895 580930
April 2030 542101 512286 571917
May 2030 544103 498398 589808
June 2030 547059 506576 587541
July 2030 550030 501628 598433
August 2030 553018 521496 584540
September 2030 556022 513208 598836
October 2030 559042 510406 607679
November 2030 562079 509806 614352
December 2030 565132 512010 618255
Evanston Housing Market Forecast with Real Estate Prices for 2031
January 2031 568202 521610 614795
February 2031 570324 520136 620513
March 2031 571568 525271 617865
April 2031 573217 539970 606464
May 2031 574441 545144 603737
June 2031 576289 533644 618934
July 2031 577909 525319 630498
August 2031 580206 523926 636486
September 2031 582426 547480 617372
October 2031 585590 533472 637707
November 2031 588771 556977 620564
December 2031 591969 548755 635183
Evanston Housing Market Forecast with Real Estate Prices for 2032
January 2032 595185 563045 627325
February 2032 598418 546355 650480
March 2032 600131 554521 645741
April 2032 599582 568404 630760
May 2032 597439 563385 631492
June 2032 595303 544107 646499
July 2032 594545 535091 654000
August 2032 595134 562997 627272
September 2032 594224 556788 631660
October 2032 592733 561911 623556
November 2032 592406 546198 638614
December 2032 594871 546091 643650
Evanston Housing Market Forecast with Real Estate Prices for 2033
January 2033 598102 567001 629204
February 2033 601351 550838 651865
March 2033 604618 564713 644522
April 2033 607902 566565 649239
May 2033 610005 555104 664905
June 2033 611291 567889 654692
July 2033 611307 563013 659600

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.