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Featured local agent — Lincolnshire, IL
Sarah Mitchell
Compass Real Estate · Lincolnshire, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lincolnshire, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$755,000median sale price
How is the Lincolnshire, IL housing market right now?
The median home sale price in Lincolnshire, IL is $755,000, up 0.7% year-over-year. Homes sell in an average of 74 days with 56 active listings. The market is currently a balanced 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 Lincolnshire a buyer's or seller's market?
Lincolnshire, IL is currently a balanced market, based on 3.3 months of supply and homes selling in about 74 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
74
Average pace
Active listings
56
3.3 months supply
Sale-to-list
101.6%
Above asking
What does the Lincolnshire housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $755,000 |
| Median list price | $660,000 |
| Year-over-year price change | +0.7% |
| Average days on market | 74 days |
| Active inventory | 56 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 101.6% |
| Median price per sq ft | $255/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 24 |
| Listings with a price cut | 19.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lincolnshire by property type?
How the Lincolnshire, 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 | $932,500 | $294/sq ft | 8 | 69 days |
| Condo / Co-op | $485,000 | $192/sq ft | 2 | 81 days |
| Townhouse | $599,000 | $240/sq ft | 7 | 83 days |
Source: Redfin · Updated monthly
The Lincolnshire housing market is currently classified as a balanced market with a median sale price of $755,000. Prices have risen 0.7% compared to last year, with homes spending an average of 74 days on market, indicating 3.3 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 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Lincolnshire
There are currently 56 homes listed for sale in Lincolnshire, Illinois. The median listing price is $660K.
Active listings
56
Homes on market
Median list price
$660K
Avg. days on market
74
Days until sale
New this week
24
Newly listed
Who lives in Lincolnshire?
Population
7,937
Median income
$179,735/yr
Median age
51.3 years
Owner-occupied
81.3%
College grads
76.7%
Avg commute
26.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Lincolnshire?
Zillow home value
$753,491
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Lincolnshire?
Lincolnshire is a community of approximately 8K residents with a median age of 51.3 years.The median household income is $179,735, which reflects a relatively affluent area with strong earning potential. 76.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 81.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lincolnshire offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lincolnshire?
4 schools tracked · 6,509 students
The largest public schools serving Lincolnshire, 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.
Adlai E Stevenson High School
Grades 9-12 · 4,614 students
Daniel Wright Jr High School
Grades 6-8 · 739 students
Half Day School
Grades 3-5 · 613 students
Laura B Sprague School
Grades PK-2 · 543 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 Lincolnshire, IL?
Want a head-to-head view? Compare Lincolnshire side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lincolnshire?
The median home sale price in Lincolnshire is $755,000, up 0.7% from last year.
How long do homes stay on market in Lincolnshire?
Homes typically spend 74 days on market before going under contract.
What is the median income in Lincolnshire?
The median household income is $179,735 per year.
Is Lincolnshire a buyer's or seller's market?
With 3.3 months of supply, Lincolnshire is currently a balanced market.
What is the Zillow home value estimate for Lincolnshire?
The Zillow Home Value Index (ZHVI) for Lincolnshire is $753,491, representing the typical home value in the area.
What is the median condo price in Lincolnshire?
The median condo/co-op sale price in Lincolnshire, IL is $485,000, compared to $932,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lincolnshire?
The median single-family home price in Lincolnshire, IL is $932,500 (about $294 per square foot).
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