Evanston, WY metro area Housing Market

Cool Market

Comprehensive housing market data for the Evanston, WY metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$394K

46.0% YoY

Days on Market

29 days

60.8% YoY

Active Inventory

62

77.1% YoY

Homes Sold

7

0.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Evanston, WY metro area Market Summary

The Evanston, WY metro area housing market is cooling down. As of January 2026, the median home sale price is $394K, up 46.0% year-over-year. Homes are spending a median of 29 days on the market, 60.8% shorter than a year ago.

There are 62 homes for sale — 77.1% more than last year. With 8.9 months of supply, this is a buyer's market. 12 new listings were added during this period, down 0.0% year-over-year.

Homes are selling for 98.2% of their list price on average, suggesting room for negotiation. 28.6% of homes sell above their asking price. 21.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

70

Contributing Factors

Months of Supply 8.9
Days on Market 29
Price Drops 21.0%
Sale-to-List Ratio 98.2%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 6.8%
Days on Market (National: 66) 56.1%
Inventory (National: 1,210,379) 100.0%

vs. Wyoming Median

Median Price (Wyoming: $570K) 30.9%
Days on Market (Wyoming: 83) 65.1%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Evanston, WY metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$405K

Price per Sq Ft

$203

Sale-to-List Ratio

98.2%

Months of Supply

8.9

Sold Above List

28.6%

Price Drops

21.0%

New Listings

12

0.0% YoY

Pending Sales

15

Off Market in 2 Weeks

20.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.