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Ridgeville

EVANSTON, IL 60202

Real Estate Market Report  ·  Cook County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
46
⇧ 27.8% vs 36 last year
Pending
22
48% pending ratio
Median Price
$390,000
⇩ 8.1% vs $424,450 last year
Average Price
$553,964
⇩ 20.6% vs $697,542 last year
Days on Market
58
⇧ 75.8% vs 33 days last year

Market Context

Population: 33,868  ·  Density: 4,280.1/mi²  ·  Median household income: $96,869

Typical home value: $367,193  ·  Homeownership: 56.2%

Market Analysis

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

The EVANSTON, IL real estate market (60202) currently shows 46 active listings, with 22 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 33 days last year.

The median listing price has fallen 8.1% year-over-year, from $424,450 to $390,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 36 last year
  • Days on market: 58 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $390,000 (-8.1% YoY)
  • Average: $553,964 (-20.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.0 miles — 779 listings ($549,445,112 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60202Evanston, IL 602020.0 mi46$25,482,344$390,000$553,964
60626Chicago, IL 606261.8 mi53$16,840,750$261,500$317,750
60203Evanston, IL 602031.9 mi6$4,392,498$669,950$732,083
60712Lincolnwood, IL 607122.8 mi24$21,798,912$619,000$908,288
60660Chicago, IL 606603.0 mi94$30,979,768$234,900$329,572
60091Wilmette, IL 600913.8 mi38$54,351,400$1,022,000$1,430,300
60640Chicago, IL 606404.2 mi81$38,643,804$299,000$477,084
60646Chicago, IL 606464.5 mi34$21,001,562$567,450$617,693
60630Chicago, IL 606305.3 mi45$22,430,700$469,950$498,460
60618Chicago, IL 606185.8 mi104$102,286,288$665,000$983,522
60714Niles, IL 607146.3 mi53$22,573,654$375,000$425,918
60657Chicago, IL 606576.5 mi122$119,281,840$587,500$977,720
60025Glenview, IL 600257.0 mi79$69,381,592$489,900$878,248

Frequently Asked Questions

How many homes are for sale in EVANSTON, IL 60202?

As of January 2026, there are 46 active listings in EVANSTON, IL (zip code 60202), compared to 36 the prior year.

What is the median home price in EVANSTON, IL 60202?

The median listing price in EVANSTON, IL 60202 is $390,000 as of January 2026, a 8.1% decrease from $424,450 the prior year.

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

Homes in EVANSTON, IL 60202 spend an average of 58 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in EVANSTON, IL 60202?

Based on current inventory and days-on-market data as of January 2026, EVANSTON, IL 60202 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 33 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 60202 save an estimated $7,800 compared to a typical 5% commission on the median listing price of $390,000. 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.