As-is Deals in Evanston, IL

Current Market Conditions in Evanston, IL

The Evanston real estate market is currently experiencing a steady increase in home values, as demand continues to rise while inventory remains relatively low. This trend is particularly evident in neighborhoods close to the lake, where properties are in high demand due to the appealing lifestyle offered by the waterfront. Many buyers are also attracted by the excellent school districts, making it a favorable option for families.

With the ongoing interest from first-time homebuyers and those looking to invest, Evanston is witnessing a shift towards a more competitive market. Properties are moving quickly, often above asking price, reflecting the desirability of the area.

Rent Prices In Evanston, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Evanston, IL, is on a rollercoaster ride. The average rent price in Evanston, IL, is $2,312.00. Indeed, when looking to rent in Evanston, IL, you can expect to pay as little as $570.00 or as much as $4,720.00, with the average rent median estimated to be $2,280.00. The good news is that finding an affordable and desirable property to rent in Evanston, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.