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

Last month, Evanston was a Buyer'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

$335,000

$137/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$33,500(-9.1%)

Key Takeaway

Homes in Evanston have sold for 9.1% less than they did a month ago.

Summary: The median home sold price in Evanston was $335,000 in November 2024, down 9.1% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $174K$234K
+34.5%
3 $230K$140K
-39.1%
4 $431.9K$354.7K
-17.9%
5+ $495K$471K
-4.8%

Summary: Evanston housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.5%, 3 bedroom homes decreased by 39.1%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Cities

Evanston
-9.1%
Evanston
-9.1%

Housing Supply in Evanston, WY

How many homes are available in Evanston, WY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5948-18.6%

Summary: The Evanston real estate market had 48 homes for sale in November 2024, a 18.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1816
-11.1%
4 2116
-23.8%
5+ 1310
-23.1%

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 decreased by 14.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 23.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
716+128.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 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. 90.9% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Evanston in November 2024, up by 128.6% month-over-month. Of the 11 sold homes, 91% were sold under asking, 0% were sold at asking, and 9% 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

Oct 2024Nov 2024CHANGE
57 Days107 Days+86.5%

Summary: Homes in Evanston had an average of 107 days on market in Nov 2024, up by 86.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were 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 November 2024, 16 homes were sold in Evanston; 13% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 31% 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

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