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Central Street (Central Street Neighbors Association) Downtown (Downtown Evanston) Lakeshore (Lakeshore Historic District) Mather (Mather Neighbors) Northeast (Northeast Historic District) Northwestern (Northwestern Neighbors) Ridge (Ridge Historic District) Southeast Evanston (Southeast)

EVANSTON, IL 60201

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60201

Central Street (Central Street Neighbors Association) · Downtown (Downtown Evanston) · Lakeshore (Lakeshore Historic District) · Mather (Mather Neighbors) · Northeast (Northeast Historic District) · Northwestern (Northwestern Neighbors) · Ridge (Ridge Historic District) · Southeast Evanston (Southeast)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The EVANSTON, IL real estate market (60201) currently shows 74 active listings, with 36 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 33 days on market compared to 32 days last year.

The median listing price has fallen 5.3% year-over-year, from $422,450 to $399,900.

Whether you are buying or selling in EVANSTON, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 43,122  ·  Density: 3,690.7/mi²  ·  Median household income: $89,032

Typical home value: $559,666  ·  Homeownership: 55.7%

Market Overview

Active Listings
74
⇧ 42.3% vs 52 last year
Pending
36
49% pending ratio
Median Price
$399,900
⇩ 5.3% vs $422,450 last year
Average Price
$616,383
⇩ 27.8% vs $853,291 last year
Days on Market
33
⇧ 3.1% vs 32 days last year

Price Per Square Foot

Median $/sqft
$325
⇩ 14.5% vs $380/sqft last year
Median Home Size
1,279 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 74 this year vs 52 last year
  • Days on market: 33 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $399,900 (-5.3% YoY)
  • Average: $616,383 (-27.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.6 miles — 685 listings ($478,147,803 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60201Evanston, IL 602010.0 mi65$35,840,220$369,500$551,388
60202Evanston, IL 602021.9 mi46$25,482,344$390,000$553,964
60076Skokie, IL 600762.2 mi35$18,406,780$522,163$525,908
60077Skokie, IL 600773.3 mi44$22,486,640$387,444$511,060
60626Chicago, IL 606263.6 mi53$16,840,750$261,500$317,750
60093Winnetka, IL 600934.5 mi33$73,996,197$1,575,000$2,242,309
60053Morton Grove, IL 600534.8 mi61$31,795,213$501,745$521,233
60646Chicago, IL 606465.4 mi34$21,001,562$567,450$617,693
60025Glenview, IL 600256.0 mi79$69,381,592$489,900$878,248
60714Niles, IL 607146.1 mi53$22,573,654$375,000$425,918
60630Chicago, IL 606306.6 mi45$22,430,700$469,950$498,460
60631Chicago, IL 606317.3 mi33$15,625,863$457,450$473,511
60618Chicago, IL 606187.6 mi104$102,286,288$665,000$983,522

Frequently Asked Questions

How many homes are for sale in EVANSTON, IL 60201?

As of February 2026, there are 74 active listings in EVANSTON, IL (zip code 60201), compared to 52 the prior year.

What is the median home price in EVANSTON, IL 60201?

The median listing price in EVANSTON, IL 60201 is $399,900 as of February 2026, a 5.3% decrease from $422,450 the prior year.

How long do homes stay on the market in EVANSTON, IL?

Homes in EVANSTON, IL 60201 spend an average of 33 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in EVANSTON, IL 60201?

Based on current inventory and days-on-market data as of February 2026, EVANSTON, IL 60201 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 33 days on market compared to 32 days last year.

How much can I save on real estate commission in EVANSTON, IL?

With SELL123.com's maximum 3% commission, sellers in EVANSTON, IL 60201 save an estimated $7,998 compared to a typical 5% commission on the median listing price of $399,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.