Evergreen Park Home Prices Climb as Sales Slow Slightly
Evergreen Park, IL – March 9, 2026 – Home prices are up year over year while sales dipped in January, pointing to steady demand with tighter inventory.
Market snapshot
Home values in Evergreen Park continue to edge higher early in 2026, even as the number of completed sales eased. In January, the median sale price reached $315K, a 6.8% increase from a year earlier. The median price per square foot climbed to $246, up 13.9% year over year, reflecting steady buyer demand for available homes.
Properties are also moving faster. Homes sold in an average of 48 days, compared with 88 days during the same month last year. At the same time, closed sales dipped to 12 in January, down from 15 a year earlier. The combination of rising prices and fewer closings suggests constrained inventory rather than a pullback in interest.
Top takeaways
- Median sale price: $315K (+6.8% year over year).
- Median price per square foot: $246 (+13.9% year over year).
- Average time on market: 48 days, significantly faster than last year.
- Closed sales: 12 in January, down from 15 a year ago.
What’s for sale
Active listings show a mix of classic brick ranches and larger two-story homes, with many asking prices in the low-to-mid $300Ks. Realtor.com reports a median listing price near $320K, closely aligned with recent closed-sale figures.
Well-maintained homes continue to draw attention, particularly those near parks, schools, and convenient commuter routes into Chicago. Buyers should be prepared for competitive conditions on updated properties, while sellers may benefit from limited supply in certain price ranges.
Rental & policy notes
The Village previously implemented a moratorium on issuing new single-family rental licenses for unregistered properties from February 21 through November 21, 2025. The measure was designed to address growth in investor-owned rentals and review registration requirements. Owners with existing registered rental properties were not affected.
As the spring market approaches, local activity may hinge on whether new listings come online to meet ongoing demand.