Metropolitan market · Wyoming · September 2026 data

What is the Evanston, WY real estate market doing?

As of September 2026, the median home listed in Evanston, WY asks $562,425, down 9.9% year over year. Homes spend a median of 116 days on market, with 219 active listings and 9% carrying a price cut; pending contracts equal 12% of active listings, and inventory sits at 135% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.

Median listing price
$562,425
▼ 9.9% YoY
Median $ / sq ft
$276
2,354 sq ft median
Median days on market
116
September 2026
Active listings
219
For sale now
New listings
40
September 2026
Listings with price cuts
9%
Share of active
Inventory vs 2019
135%
Same month, 2019 = 100
Pending / active
12%
Contract activity
Median sale price (closed)
$417,500
▲ 44.0% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
14
Closed sales · July 2026, seasonally adjusted

What is the Evanston, WY housing market doing right now?

The Evanston, WY housing market lists at a $562,425 median as of September 2026, down 9.9% year over year, with an 116-day median market time and 219 homes for sale (9% with a price cut). Active inventory is 135% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.

Evanston housing market statistics

The table summarizes Evanston's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Evanston.

Evanston, WY housing market at a glance — September 2026
MetricLatestDetail
Median listing price$562,425-9.9% YoY
Median price per sq ft$2762,354 sq ft median
Median days on market116+7% YoY
Active listings219-7% YoY
New listings this month40September 2026
Listings with a price cut9%Share of active
Median sale price (closed)$417,500+44.0% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio12.1%27 pending
Inventory vs 2019135%Active listings vs same month in 2019

How have home prices changed in Evanston?

Evanston home prices are down 9.9% year over year and +2.4% month over month as of September 2026, at a $562,425 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$639K$619K$599K$579K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Evanston WY · trailing 8 quarters · source: public records and industry data.

The 10-year view
$650K$546K$441K$337K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Evanston WY · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Evanston?

Evanston has 219 active listings, 40 new this month, 27 pending as of September 2026. About 9% of active listings have cut their price, and inventory sits at 135% of its 2019 level — a buyer's market by pace.

Active listings
219
New this month
40
Pending
27
Price-reduced
18

Is Evanston a good real estate investment?

Evanston scores 23/100 on WealthyBud's composite Investor Score, ranking #897 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
23/100
#897 of 933 covered metros
12-month outlook
-2.1%
▼ Cooling · model output, not advice
Momentum
63
Value
15
Rental yield
2
Supply risk
84
Market heat
2

Evanston scores 23/100 on our composite Investor Score (#897 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 135% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 9.9% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Evanston ranks on the trending markets index.

How much is a monthly mortgage payment in Evanston?

A home at Evanston's $562,425 median listing runs about $3,079 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,779/mo
−$299/mo vs today
At today's rate · 7.28%
$3,079/mo
National weekly average
If rates rise 1% · 8.28%
$3,390/mo
+$311/mo vs today

Principal & interest on the $562,425 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Evanston?

To buy Evanston’s $562,425 median listing with 20% down, a household needs about $142,000 a year in gross income, keeping principal, interest and property tax ($3,322/mo) at 28% of income. That is 1.7× the area’s $81,526 median household income, so a typical Evanston household cannot afford the median listing on these terms.

Income needed to buy the median home in Evanston, WY — September 2026
ItemAmountBasis
Median listing price$562,425September 2026
Down payment (20%)$112,485Assumption
Principal & interest (7.28%, 30-yr fixed)$3,079/moRate as of 2026-10-01
Property tax (0.52% effective rate)$244/moCensus ACS
Income needed (28% rule)$142,000Gross household income / yr
Median household income$81,526Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Evanston housing market?

Longer-run demand in Evanston shows up in 145 homes permitted in 2025; net migration of -113 residents. Natural-hazard risk rates Very Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
145
▼ 1.4% vs 2024
6.2 per 1,000 residents
Net migration (2022–2023)
-113
▼ people, via tax-return records
net income flow −$1.02M/yr
Natural-hazard risk
Very Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Evanston housing market FAQ

What is the median home price in Evanston?
As of September 2026, the median listing price in Evanston, WY is $562,425, down 9.9% year over year (source: public records and industry data). Figures cover the Evanston, WY-UT metro area.
How much does it cost to buy a home in Evanston?
The median home listed in Evanston asks $562,425 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $3,079 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Evanston?
The median property in Evanston spends 116 days on the market, with 219 homes actively listed and 9% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Evanston?
With a median 116 days on market and 9% of active listings carrying a price cut, pending contracts at 12% of active listings, Evanston reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Evanston a good place to invest in real estate?
Evanston scores 23/100 on WealthyBud's Investor Score, ranking #897 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Evanston?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Evanston and the wider Wyoming market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Evanston, WY-UT metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Wyoming housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.