46Alpha

Evanston, WY metro area Housing Market Brief

metro · WY · as of August 2026

Balanced

What is Evanston, WY metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-19.445
Inventory Health25%
-7.877
Affordability20%
-30.330
Economic Strength20%
56
Rental Yield15%
-10.14

Where is Evanston, WY metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Evanston, WY metro area is classified as Emerging early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.

Evanston, WY metro area housing market data

MetricValueYoY
Median Sale Price$416K▲ +43.6%
Median Days on Market85 days▲ +13.3%
Months of Supply4.6▲ +9.5%
Homes for Sale65-16.7%
Homes Sold15-21%
Median Price / Sq Ft$161-6.9%

How has Evanston, WY metro area’s Alpha Score moved?

Now: 46
12-period trend
Median sale price · 12 mo

Markets like Evanston, WY metro area

Frequently asked questions

Is Evanston, WY metro area a buyer's or seller's market?

As of August 2026, Evanston, WY metro area is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Evanston, WY metro area?

The median sale price in Evanston, WY metro area is $416K, having risen 43.6% over the past year.

How affordable is Evanston, WY metro area?

Evanston, WY metro area scores 30 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Evanston, WY metro area's Alpha Score?

Evanston, WY metro area's strongest dimension is Inventory Health (77/100) and its weakest is Rental Yield (4/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Evanston, WY metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.