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Featured local agent — Lincolnwood, IL
Sarah Mitchell
Compass Real Estate · Lincolnwood, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lincolnwood, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$544,000median sale price
How is the Lincolnwood, IL housing market right now?
The median home sale price in Lincolnwood, IL is $544,000, up 13.2% year-over-year. Homes sell in an average of 64 days with 36 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 Lincolnwood a buyer's or seller's market?
Lincolnwood, IL is currently a balanced market, based on 4.5 months of supply and homes selling in about 64 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
64
Average pace
Active listings
36
4.5 months supply
Sale-to-list
104.6%
Above asking
What does the Lincolnwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $544,000 |
| Median list price | $629,000 |
| Year-over-year price change | +13.2% |
| Average days on market | 64 days |
| Active inventory | 36 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 104.6% |
| Median price per sq ft | $273/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 17 |
| Listings with a price cut | 13.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lincolnwood by property type?
How the Lincolnwood, 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 | $630,000 | $273/sq ft | 6 | 64 days |
| Condo / Co-op | $507,000 | $228/sq ft | 1 | 46 days |
| Townhouse | $373,000 | $278/sq ft | 2 | 63 days |
Source: Redfin · Updated monthly
The Lincolnwood housing market is currently classified as a balanced market with a median sale price of $544,000. Prices have risen 13.2% compared to last year, with homes spending an average of 64 days on market, indicating 4.5 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 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Lincolnwood
There are currently 36 homes listed for sale in Lincolnwood, Illinois. The median listing price is $629K.
Active listings
36
Homes on market
Median list price
$629K
Avg. days on market
64
Days until sale
New this week
17
Newly listed
Who lives in Lincolnwood?
Population
13,179
Median income
$107,950/yr
Median age
43.9 years
Owner-occupied
84.4%
College grads
56.8%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Lincolnwood?
Zillow home value
$577,487
Zillow rent index
$2,752/mo
Price-to-rent ratio
17.5x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Lincolnwood?
Lincolnwood is a community of approximately 13K residents with a median age of 43.9 years.The median household income is $107,950, which reflects a relatively affluent area with strong earning potential. 56.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lincolnwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lincolnwood?
4 schools tracked · 1,219 students
The largest public schools serving Lincolnwood, 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.
Todd Hall Elem School
Grades PK-2 · 439 students
Lincoln Hall Middle School
Grades 6-8 · 409 students
Rutledge Hall Elem School
Grades 3-5 · 371 students
Bridges Adult Transition Center
Grades 12
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 Lincolnwood, IL?
Want a head-to-head view? Compare Lincolnwood side-by-side with any other U.S. city using our market-comparison tool.
Is Lincolnwood a good real estate investment market?
For investors evaluating Lincolnwood, the price-to-rent ratio of 17.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 13.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lincolnwood's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lincolnwood's median home price.
Frequently asked questions
What is the average home price in Lincolnwood?
The median home sale price in Lincolnwood is $544,000, up 13.2% from last year.
How long do homes stay on market in Lincolnwood?
Homes typically spend 64 days on market before going under contract.
What is the median income in Lincolnwood?
The median household income is $107,950 per year.
Is Lincolnwood a buyer's or seller's market?
With 4.5 months of supply, Lincolnwood is currently a balanced market.
What is the Zillow home value estimate for Lincolnwood?
The Zillow Home Value Index (ZHVI) for Lincolnwood is $577,487, representing the typical home value in the area.
What is the median condo price in Lincolnwood?
The median condo/co-op sale price in Lincolnwood, IL is $507,000, compared to $630,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lincolnwood?
The median single-family home price in Lincolnwood, IL is $630,000 (about $273 per square foot).
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