Current Price

$429,018

1 Month Forecast

â–² $466,203

1-Year Forecast *

â–² $485,853

5-Year Forecast *

â–² $542,223

"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 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Evanston" area is 542,223 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +26.39% meaning that investing 100000 USD today may yield a profit of 26,387 USD by 2031.

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: 2026-2032

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: $485,853* (upside of 13.2%)

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 $283,889 $274,460 $273,052 $283,889

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 485,853 USD in one year.

Is it profitable to invest in Evanston homes?

Yes. The long-term profit potential is +13.25% 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 525,097 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 609,868 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 decreased, 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 decreased by 7.085% to 429,018 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 15.058% in 2021
  • 13.398% in 2022
  • 11.288% in 2023
  • 14.348% in 2024
  • 11.948% in 2025
  • 13.688% in 2026

Based on our Evanston real estate market research and report the predicted sales prices will increase by 246.967% in the next 10 years.

Over the last 12 months, the value of homes in Evanston fluctuated: increasing 3 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 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 466203 420049 512357
September 2025 468783 422842 514724
October 2025 470534 423951 517117
November 2025 471560 439022 504097
December 2025 472921 437452 508390
Evanston Housing Market Forecast with Real Estate Prices for 2026
January 2026 473930 439333 508527
February 2026 475455 450731 500179
March 2026 476791 450091 503492
April 2026 478686 431775 525598
May 2026 480518 444479 516557
June 2026 483178 448872 517484
July 2026 485853 454272 517433
August 2026 488542 448482 528603
September 2026 491246 452438 530055
October 2026 493966 468279 519652
November 2026 495380 455750 535010
December 2026 494927 451868 537985
Evanston Housing Market Forecast with Real Estate Prices for 2027
January 2027 493014 460475 525553
February 2027 491109 453785 528434
March 2027 490485 447812 533157
April 2027 490971 444328 537613
May 2027 490220 448551 531889
June 2027 488990 450849 527131
July 2027 488720 450600 526840
August 2027 490753 460817 520689
September 2027 493470 453499 533441
October 2027 496201 448566 543837
November 2027 498948 464521 533375
December 2027 501710 472109 531311
Evanston Housing Market Forecast with Real Estate Prices for 2028
January 2028 503445 457632 549259
February 2028 504507 471714 537299
March 2028 504520 463654 545386
April 2028 503618 456278 550958
May 2028 501969 471349 532589
June 2028 502176 462001 542350
July 2028 504955 455975 553936
August 2028 507750 480840 534661
September 2028 510561 468695 552427
October 2028 512380 473951 550808
November 2028 513299 476855 549743
December 2028 513947 488249 539644
Evanston Housing Market Forecast with Real Estate Prices for 2029
January 2029 514484 484644 544325
February 2029 514648 467815 561480
March 2029 515564 474834 556293
April 2029 517328 466113 568544
May 2029 520192 478056 562327
June 2029 523071 493779 552363
July 2029 525097 497792 552402
August 2029 525445 490766 560125
September 2029 525140 497308 552972
October 2029 525323 481721 568925
November 2029 527263 499845 554680
December 2029 530181 482465 577898
Evanston Housing Market Forecast with Real Estate Prices for 2030
January 2030 533116 495798 570434
February 2030 535107 486412 583802
March 2030 536274 489082 583466
April 2030 537821 510392 565250
May 2030 538969 490462 587477
June 2030 540703 492040 589367
July 2030 542223 488543 595903
August 2030 544378 511171 577585
September 2030 546461 508209 584714
October 2030 549486 504428 594544
November 2030 552528 509983 595073
December 2030 555586 502250 608923
Evanston Housing Market Forecast with Real Estate Prices for 2031
January 2031 558662 521231 596092
February 2031 561754 509511 613997
March 2031 563363 512097 614629
April 2031 562847 509377 616318
May 2031 560673 515258 606087
June 2031 558506 526113 590899
July 2031 557796 509825 605766
August 2031 558348 522614 594082
September 2031 557495 503418 611571
October 2031 556096 509940 602252
November 2031 555789 519107 592471
December 2031 558101 521825 594378
Evanston Housing Market Forecast with Real Estate Prices for 2032
January 2032 561190 518540 603841
February 2032 564297 511817 616776
March 2032 567420 539049 595791
April 2032 570561 531193 609930
May 2032 572535 535320 609749
June 2032 573742 518663 628821
July 2032 573757 544495 603018

> 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.