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

$368,500

$139/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$128,500(+53.5%)

Key Takeaway

Homes in Evanston have sold for 53.5% more than they did a month ago.

Summary: The median home sold price in Evanston was $368,500 in October 2024, up 53.5% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $213K$174K
-18.3%
3 $262K$230K
-12.2%
4 $377.2K$431.9K
+14.5%
5+ -$495K
N/A

Summary: Evanston housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.3%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Evanston
+53.5%
Evanston
+53.5%

Housing Supply in Evanston, WY

How many homes are available in Evanston, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5854-6.9%

Summary: The Evanston real estate market had 54 homes for sale in October 2024, a 6.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 117
-36.4%
3 1516
+6.7%
4 2321
-8.7%
5+ 910
+11.1%

Summary: The Evanston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Evanston in October 2024, down by 9.1% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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

Sep 2024Oct 2024CHANGE
54 Days42 Days-23.3%

Summary: Homes in Evanston had an average of 42 days on market in Oct 2024, down by 23.3% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Evanston are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Evanston; 50% of homes were sold within 30 days, 40% 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 20 Days Ago

Newest Listings in Evanston, WY

Nearby Markets to Evanston, WY

What housing markets are near Evanston, WY?