Market Intelligence · IL / Evanston

Evanston, IL 60202 Housing Market

Typical home values in Evanston, IL 60202 reached $405,366 as of September 2026, up 7.7% over the past year. The median list price stands at $425,000, with homes spending a median of 33 days on market.

Updated September 2026Median value$405K

The median home value in Evanston, IL 60202 is $405K as of September 2026, up 7.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 60202 range

$373K to $438K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+7.7% over 12 months

Sep 2025$376K

Low $376KHigh $405K

Sep 2026$405K

The numbers

What is the 60202 housing market like?

As of September 2026

Typical home value

$405K

7.7%YoY

Median list price

$425K

1.2%MoM

Days on market

17.9%MoM

Homes for sale

2.7%MoM

Price cuts

11.3%

3.4%MoM

New listings

25.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

60202 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60202 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 60202 rose 7.7%, per the Zillow Home Value Index.

Will home prices drop in 60202?

Zillow's forecast does not call for a drop: it expects typical home values in 60202 to rise 2.5% by September 2027, after a 7.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 60202 home prices compare?

60202$405,366
Evanston$579,006
Illinois$194,737
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Evanston: 3 ZIPs; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

Evanston's market shows moderate activity with 36 homes for sale and 30 new listings as of September 2026. The median list price of $425,000 sits above the typical home value of $405,366, suggesting some pricing optimism among sellers. Homes are moving at a steady pace, with a median of 33 days on market. Price cuts appear on 11.3% of listings, indicating that not all homes are selling at their initial asking price. For sellers, the current environment rewards realistic pricing and property condition.

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Down payment20% · $81,073

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Common questions

What people ask us.

What is a typical home worth in Evanston 60202?

The typical home value in this ZIP is $405,366 as of September 2026, up 7.7% compared to the year prior.

How long do homes typically stay on market here?

Median days on market is 33 as of September 2026.

How many homes are currently for sale?

There are 36 homes for sale as of September 2026, with 30 new listings during that same period.

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Nearby ZIP markets.

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