Is Evanston, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evanston is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Evanston has remained a Seller's Market.

Key Takeaway

Evanston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Evanston, WY

How much do homes in Evanston, WY cost?

Median Sold Price

$237,450

$123/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$42,800(-15.3%)

Key Takeaway

Homes in Evanston have sold for 15.3% less than they did a month ago.

Summary: The median home sold price in Evanston was $237,450 in April 2024, down 15.3% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $198K$195K
-1.5%
3 $278.5K$197.5K
-29.1%
4 $295K$302.5K
+2.5%
5+ $282K$480K
+70.2%

Summary: Evanston housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 29.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 70.2%.

Median Sold Price Compared To Nearby Cities

Evanston
-14.7%
Evanston
-15.3%

Housing Supply in Evanston, WY

How many homes are available in Evanston, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4443-2.3%

Summary: The Evanston real estate market had 43 homes for sale in April 2024, a 2.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2318
-21.7%
4 1012
+20.0%
5+ 68
+33.3%

Summary: The Evanston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
10100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evanston, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Evanston in April 2024, the same as the previous month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for Evanston, WY

How long does it take to sell a home in Evanston, WY?

Average Sale Time

Mar 2024Apr 2024CHANGE
89 Days62 Days-30.1%

Summary: Homes in Evanston had an average of 62 days on market in Apr 2024, down by 30.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Evanston has remained consistent over time.

Summary: During April 2024, 10 homes were sold in Evanston; 10% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Evanston, WY

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