$8,906 Closing Credit*
$750,000
1,288 SqFt
3 Beds
•1 Full Bath, 1 Partial
Karla Anderson, Listing Office: Colorado Home Realty
Is Evanston, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Evanston was a Seller's Market.
Key Takeaway
Evanston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Evanston, CO
How much do homes in Evanston, CO cost?
Median Sold Price
$775,000
$431/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+7.6%)
Key Takeaway
Homes in Evanston have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Evanston was $775,000 in November 2024, up 7.6% from last year, and the median price per square foot was $431.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $258.9K | -0.4% |
| 2 Bedrooms | $637.5K | $530K | -16.9% |
| 3 Bedrooms | $716.9K | $789K | +10.1% |
| 4 Bedrooms | $881.8K | $840K | -4.7% |
| 5+ Bedrooms | $841K | $1.3M | +54.6% |
Summary: Evanston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes decreased by 16.9%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 54.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Evanston | $720K | $775K | +7.6% |
| University | $732.5K | $780K | +6.5% |
Housing Supply in Evanston, CO
How many homes are available in Evanston, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 36 | -5.3% |
Summary: The Evanston real estate market had 36 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Evanston housing inventory by bedroom type for November 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 9.1%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Evanston, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Evanston in November 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Evanston, CO
How long does it take to sell a home in Evanston, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 45 Days | +252.6% |
Summary: Homes in Evanston had an average of 45 days on market in Nov 2024, up by 252.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Evanston has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Evanston; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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