What is the average home price in Evanston, IL 60201?

As of May '26, the median home price in Evanston, IL 60201 is $580,000, based on Zillow home estimates.

How have home prices in Evanston, IL 60201 changed over the past year?

As of May '26, home prices have increased 8.4% over the past year, according to Zillow home estimates data.

What is the home price projection for Evanston, IL 60201?

As of May '26, Zillow projects home prices in Evanston, IL 60201 to increase 2.3% in the next year.

What are the demographics of Evanston, IL 60201?

According to the latest Census, the demographics of Evanston, IL 60201 are 61.6% White, 12.1% Black, 10.1% Asian, 10.9% Hispanic. The population is 43,600, with 16.9% under 18 years old.

How long does it take homes to sell in Evanston, IL 60201?

According to Realtor.com, as of May '26, the median home in Evanston, IL 60201 is on the market for 29 days. This is an increase of 15.0% from last year.

What is the average rent price in Evanston, IL 60201?

The average rent price in Evanston, IL 60201, as of the latest data, is $2,510. The average rent for 1 bedroom homes is $2,120. For 2, 3, and 4 bedroom homes, the average rent is $3,000, $3,150, and $4,700 respectively.

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Evanston, IL—60201

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$580,000

8.4% YoY Growth

Household Income

$92,100

18.5% YoY Growth

Days on Market

15.0% Longer YoY

Home Price Forecast

2.3%

Median Rent

$2,350

5.6% YoY Growth

1-Bed Rent

$1,870

1.0% YoY Growth

2-Bed Rent

$2,950

3.8% YoY Growth

3-Bed Rent

$2,650

0.6% YoY Growth

Other Zip Codes in Evanston, IL

60203 60202

Home Price Trends — Evanston, IL

As of May '26, the median home price in Evanston, IL is $580,000, with a year-over-year change of 8.4%. This indicates that home prices in Evanston, IL are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$580,000	8.4%
Single Family	$865,000	11.6%
Condos	$377,000	5.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$530,000	-2.0%
Listing Count	107	14.0%
Listings as % of Homes	0.5%	14.0%
Days on Market	29	15.0%

Metric	Latest Census	YoY % Change
Population	43,600	3.0%
% Under 18	16.9%	-7.7%
% Seniors	19.5%	22.6%
% WFH	26.1%	158.4%
% w/ College Degree	73.9%	5.3%

Metric	Zip Code Average
Total Loan Originations	478
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	9.0%

Total Units under HUD	767
Total Units Section 8	668
% Rentals under Section 8	8.5%
% Occupied Section 8	92.1%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$230	$1,870	$2,100
2 Bedroom	-$580	$2,950	$2,370
3 Bedroom	$390	$2,650	$3,040
4 Bedroom	$530	$3,050	$3,580

Evanston, IL—60201

Key Metrics at a Glance

Other Zip Codes in Evanston, IL

Home Price Trends — Evanston, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Evanston, IL

% of Rental Stock

Property Listings — Evanston, IL

Demographics — Evanston, IL

Race and Ethnicity

Mortgage and Risk — Evanston, IL

Mortgages

Rentals and Section 8 — Evanston, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Evanston, IL

Home Price to Income Ratio

Evanston, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Evanston, IL

Evanston

Evanston, IL

Kenilworth, IL

Wilmette, IL

Frequently Asked Questions

Type	Median Rent	Average Rent
Average Rent	$2,350	$2,510
Studio Rent	$1,280	$1,580
1 Bed Rent	$1,870	$2,120
2 Bed Rent	$2,950	$3,000
3 Bed Rent	$2,650	$3,150
4 Bed Rent	$3,050	$4,700

Metric	Latest Census	5-Year % Change
% White	61.6%	-1.0%
% Black	12.1%	-8.3%
% Hispanic	10.9%	10.1%
% Asian	10.1%	-15.1%
% Foreign Born	14.8%	-16.9%

Metric	Zip Code Average
Home Price to Income Ratio	5.4
Median Home Price	$580,000
Median Household Income	$92,100