Evanston 60203

Cook County, IL · 5,102 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

63affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
22.4%
affordable
Days on market
29
daily
Price cuts
0.0%
of active
Valuation
-28.2%
vs assessor
Look up an address
75
/100
Stable
hot · seller slight · prices rising year-over-year.
Price trend
75
Affordability
95
Valuation
50
Economic health
63

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

56/ 100SellerBalancedBuyer
Balanced Market
DOM: 29d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)80
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)20

Balanced market in 60203. List price is roughly fair — focus on condition and value. Payment burden: 22.4% of median income. Median days on market: 29. Renting is approximately 124% cheaper than buying (price-to-rent ratio: 26.9). Market appears 23% overpriced vs. assessed values.

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
HOTSELLER SLIGHT

Market is running hot with fast-moving inventory. Sellers hold a slight edge. Prices up 9.3% YoY.

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Market snapshoteach number, once

Median price
$598,643
▴ 9.3% YoY
Days on market
29
daily · zip_data
Median rent
$1,854
ZORI
Investor score
49/100
cash-flow lens
Active listings
11
90-day

Valuation3 lenses, different anchors

vs assessor
-28.2%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$430,000
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+44.5%
County-wide market — the widest, slowest signal.
Cook+44.5%
Cook+44.5%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$228
Price-to-income3.7×

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How 60203 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity81%
Supply tightness68%
Affordability16%
Investment yield7%
Appreciation81%

Affordability, supply & momentum

26SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply21.6 mo
Days on Market29d
Inv vs History+35.8%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$3,024
Payment burden22.4%
Median income · ZIP$162,208
Mortgage rate6.49% · 30yr
Total monthly own$3,623
Monthly rent$1,854
Market dynamics
Price cut %0.0%
Momentumhot
LeverageSELLER SLIGHT
Months of supply21.6
Sales (90d)0
Investment analysis
Median rent$1,854
Price-to-rent26.9
Est. cap rate2.4%
Buy vs rentfavors renting

Livability

Walk score2
Transit score14
Bike score

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Cook County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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