Homes for Sale in Evanston, IL Under $500K

Evanston is a lakefront suburb just north of Chicago, known for its mix of historic architecture, tree-lined streets, and a lively downtown near Northwestern University. From the Lakefront to Central Street, this charming community offers a blend of small-town warmth and city convenience, with parks and Lake Michigan beaches nearby. Browse the listings below to find a home that fits your budget and lifestyle.

Market snapshot

Current listings

Listing information courtesy of Midwest Real Estate Data (MRED).

Frequently asked questions

How many homes under $500K are for sale in Evanston, IL?

There are at least 57 active homes under $500K for sale in Evanston, IL as of 2026-11-06, based on listing data from the local MLS.

What is the median list price of homes under $500K in Evanston, IL?

The median list price of active homes under $500K in Evanston, IL is $375,000, based on a sample of 57 current listings.

How long have homes under $500K in Evanston, IL been on the market?

Active homes under $500K in Evanston, IL have been listed for a median of 8 days.

How can I see every home for sale in Evanston, IL?

Use the full home search to browse every active listing in Evanston, IL, save favorites and get alerts when new homes come on the market. Deb Russcol can also help you schedule showings.

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