Market Intelligence · IL / Evanston

Evanston, IL 60203 Housing Market

Homes in Evanston's 60203 ZIP are worth a typical value of $602,053, up 10.5% over the past year. The median list price sits at $616,975, with homes spending a median of 28 days on market as of September 2026.

Updated September 2026Median value$602K

The median home value in Evanston, IL 60203 is $602K as of September 2026, up 10.5% 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 60203 range

$554K to $650K

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

+10.5% over 12 months

Sep 2025$545K

Low $545KHigh $602K

Sep 2026$602K

The numbers

What is the 60203 housing market like?

As of September 2026

Typical home value

$602K

10.5%YoY

Median list price

$617K

0.5%MoM

Days on market

3.7%MoM

Homes for sale

66.7%MoM

Price cuts

0.0%

New listings

75.0%MoM

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

The outlook

60203 housing market forecast 2027

+2.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60203 to rise 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in 60203 rose 10.5%, per the Zillow Home Value Index.

Will home prices drop in 60203?

Zillow's forecast does not call for a drop: it expects typical home values in 60203 to rise 2.8% by September 2027, after a 10.5% 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 60203 home prices compare?

60203$602,053
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

The 60203 market is tight. Only 5 homes are for sale, with just 2 new listings arriving in September 2026. Homes are moving at a steady pace, and notably, none of the current listings have seen a price cut. The strong year-over-year appreciation reflects solid local demand, though the shallow inventory means serious buyers need to act quickly when a home does become available.

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Home price

Down payment20% · $120,411

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Common questions

What people ask us.

What is a typical home value in 60203?

A typical home in Evanston's 60203 ZIP is worth $602,053, up 10.5% over the past year as of September 2026.

How many homes are currently for sale in 60203?

There are 5 homes for sale as of September 2026, with 2 new listings that month.

How long do homes stay on the market in 60203?

The median days on market is 28 as of September 2026.

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