Housing in Lincoln, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$144,000

Median List Price

$130,000

Price Per Sq Ft

$96

Days on Market

28

Active Inventory

27

Months of Supply

1.7

Seller's market

Zillow Home Value

$128,530

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 44.0%List Price 18.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

12.5%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

97.0%

Buyer's market

Sold Above Asking
12.5%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
18.5%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

17

Pending Sales

18

Homes Sold 20.0%New Listings 5.6%Pending 5.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$96

Median List $/SF

$101

Sale $/SF 20.0%List $/SF 32.9%Mar 24Jan 26

Lincoln vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Lincoln is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$111,600

Median Rent

$804

Total Housing Units

6,297

Vacancy Rate

5.2%

Owner Occupied

58.0%

Renter Occupied

42.0%

Median Property Tax

$2,024

per year

Monthly Cost (w/ Mortgage)

$872

Housing Types

Single Family
73.0%
Multi-Family
23.4%
Mobile Home
3.6%

The current median sale price in Lincoln, IL is $144,000 according to Redfin data. Homes spend a median of 28 days on the market. 12.5% of homes sold above asking price. The market has 1.7 months of supply. The median price per square foot is $96. The median rent is $804 per month (Census ACS). About 58.0% of housing units are owner-occupied. The median year homes were built is 1966. There are 6,297 total housing units.