Is Evanston, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Evanston has remained a Seller's Market.
Key Takeaway
Evanston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Evanston, WY
How much do homes in Evanston, WY cost?
Median Sold Price
$310,000
$165/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Evanston have sold for 30.6% more than they did a month ago.
Summary: The median home sold price in Evanston was $310,000 in May 2024, up 30.6% from last month, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $80.5K | -58.7% |
| 3 Bedrooms | $197.5K | $310K | +57.0% |
| 4 Bedrooms | $302.5K | $527K | +74.2% |
| 5+ Bedrooms | $480K | $775K | +61.5% |
Summary: Evanston housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 58.7%, 3 bedroom homes increased by 57%, 4 bedroom homes increased by 74.2%, and 5+ bedroom homes increased by 61.5%.
Median Sold Price Compared To Nearby Cities
| Evanston | $237.4K | $310K | +30.6% |
| Evanston | $237.4K | $310K | +30.6% |
| Bridger Valley | $400K | $265K | -33.8% |
Housing Supply in Evanston, WY
How many homes are available in Evanston, WY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 48 | 50 | +4.2% |
Summary: The Evanston real estate market had 50 homes for sale in May 2024, a 4.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Evanston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Evanston, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Evanston in May 2024, up by 20.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 45% were sold at asking, and 0% were sold over asking.
Days on Market for Evanston, WY
How long does it take to sell a home in Evanston, WY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 62 Days | 124 Days | +99.8% |
Summary: Homes in Evanston had an average of 124 days on market in May 2024, up by 99.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Evanston has remained consistent over time.
Summary: During May 2024, 12 homes were sold in Evanston; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved. 
DISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information. © 2024 MLS.