Brokers — List your Company Here
Featured local agent — Lincoln, IL
Sarah Mitchell
Compass Real Estate · Lincoln, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Lincoln, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$118,750median sale price
How is the Lincoln, IL housing market right now?
The median home sale price in Lincoln, IL is $118,750, down 10.4% year-over-year. Homes sell in an average of 3 days with 16 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lincoln a buyer's or seller's market?
Lincoln, IL is currently a strong seller's market, based on 0.9 months of supply and homes selling in about 3 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
3
Fast-moving
Active listings
16
0.9 months supply
Sale-to-list
99.8%
Below asking
What does the Lincoln housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $118,750 |
| Median list price | $154,500 |
| Year-over-year price change | -10.4% |
| Average days on market | 3 days |
| Active inventory | 16 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $90/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 18 |
| Listings with a price cut | 56.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lincoln by property type?
How the Lincoln, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $122,500 | $93/sq ft | 16 | 2 days |
| Condo / Co-op | $105,000 | $46/sq ft | 1 | 77 days |
| Townhouse | $190,000 | $57/sq ft | 1 | 211 days |
Source: Redfin · Updated monthly
The Lincoln housing market is currently classified as a strong seller's market with a median sale price of $118,750. Prices have fallen 10.4% compared to last year, with homes spending an average of 3 days on market, indicating 0.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Lincoln
There are currently 16 homes listed for sale in Lincoln, Illinois. The median listing price is $155K.
Active listings
16
Homes on market
Median list price
$155K
Avg. days on market
3
Days until sale
New this week
18
Newly listed
Who lives in Lincoln?
Population
13,406
Median income
$54,390/yr
Median age
38.4 years
Owner-occupied
58.1%
College grads
18.2%
Avg commute
18.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Lincoln?
Zillow home value
$136,195
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in Lincoln?
Lincoln is a community of approximately 13K residents with a median age of 38.4 years.The median household income is $54,390, which represents a working-class community with solid middle-income opportunities. 18.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.1%, showing a blend of owner and renter-occupied properties. The average commute time is 18.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lincoln offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lincoln?
9 schools tracked · 2,354 students
The largest public schools serving Lincoln, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lincoln Comm High School
Grades 9-12 · 779 students
Lincoln Jr High School
Grades 6-8 · 312 students
Chester-East Lincoln Elem School
Grades PK-8 · 299 students
Northwest Elem School
Grades PK-5 · 290 students
Washington-Monroe Elem School
Grades PK-5 · 229 students
West Lincoln-Broadwell Elem Sch
Grades PK-8 · 217 students
Central Elem School
Grades PK-5 · 176 students
Adams Elem School
Grades PK-2 · 52 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lincoln, IL?
Want a head-to-head view? Compare Lincoln side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lincoln?
The median home sale price in Lincoln is $118,750, down 10.4% from last year.
How long do homes stay on market in Lincoln?
Homes typically spend 3 days on market before going under contract.
What is the median income in Lincoln?
The median household income is $54,390 per year.
Is Lincoln a buyer's or seller's market?
With 0.9 months of supply, Lincoln is currently a strong seller's market.
What is the Zillow home value estimate for Lincoln?
The Zillow Home Value Index (ZHVI) for Lincoln is $136,195, representing the typical home value in the area.
What is the median condo price in Lincoln?
The median condo/co-op sale price in Lincoln, IL is $105,000, compared to $122,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lincoln?
The median single-family home price in Lincoln, IL is $122,500 (about $93 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Lincoln, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Lincoln market alerts
Weekly updates on prices, inventory, and trends. Free forever.