Multi-family Foreclosures in Evanston, IL

Current Market Conditions in Evanston, IL

Evanston's real estate market has shown resilience in recent months, with home prices stabilizing and inventory levels gradually increasing. The demand for homes in this area remains high, particularly among families and university staff seeking proximity to Northwestern University and Lake Michigan.

Several neighborhoods in Evanston have seen significant appreciation over the past year, with average home prices rising steadily. There is a strong interest in both single-family homes and condominiums, as homebuyers are drawn to the community's amenities and access to public transportation.

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.