Lincoln, IL Housing Market
The Lincoln housing market is very competitive. The median sale price of a home in Lincoln was $135K last month, up 13.5% since last year. The median sale price per square foot in Lincoln is $95, down 1.0% since last year.
Lincoln Housing Market Trends
In May 2025, Lincoln home prices were up 13.5% compared to last year, selling for a median price of $135K. On average, homes in Lincoln sell after 7 days on the market compared to 4 days last year. There were 21 homes sold in May this year, down from 24 last year.

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How hot is the Lincoln housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 6 days.
- Hot homescan sell for about 2% above list price and go pending in around 2 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 6 days.
- Hot homescan sell for around list price.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 5 days.
- Hot homescan sell for about 1% above list price and go pending in around 2 days.
Lincoln Migration & Relocation Trends
View houses in Lincoln that sold recently
Recently sold homes
- $199,000 Last Sold Price4 beds2 baths1,650 sq ft423 N Ottawa St, Lincoln, IL 62656List Price$195,000Sale to List2% over listDays on Market111 days423 N Ottawa St, Lincoln, IL 62656
- $180,000 Last Sold Price6 beds2 baths3,300 sq ft808 4th St, Lincoln, IL 62656List Price$175,000Sale to List3% over listDays on Market56 days808 4th St, Lincoln, IL 62656
- $132,500 Last Sold Price4 beds1 bath1,424 sq ft1507 4th St, Lincoln, IL 62656List Price$129,900Sale to List2% over listDays on Market42 days1507 4th St, Lincoln, IL 62656
- $150,000 Last Sold Price3 beds2 baths1,750 sq ft222 10th St, Lincoln, IL 62656List Price$155,000Sale to List3% under listDays on Market75 days222 10th St, Lincoln, IL 62656
- $152,900 Last Sold Price3 beds1.5 baths1,040 sq ft1312 N Ottawa St, Lincoln, IL 62656List Price$152,900Sale to List0% over listDays on Market37 days1312 N Ottawa St, Lincoln, IL 62656
- $194,500 Last Sold Price3 beds2 baths2,578 sq ft18 Rigg Dr, Lincoln, IL 62656List Price$189,000Sale to List3% over listDays on Market50 days18 Rigg Dr, Lincoln, IL 62656
- $189,000 Last Sold Price5 beds2 baths1,879 sq ft1033 N State St, Lincoln, IL 62656List Price$195,000Sale to List3% under listDays on Market67 days1033 N State St, Lincoln, IL 62656
- $50,000 Last Sold Price2 beds1 bath847 sq ft544 3rd St, Lincoln, IL 62656List Price$59,000Sale to List15% under listDays on Market116 days544 3rd St, Lincoln, IL 62656
See all recently sold homes in Lincoln.
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Schools in Lincoln
- Elementary
- Middle
- High
GreatSchools Rating
9/10 West Lincoln-Broadwell Elementary School Public • PreK-8 | 204 Students | 1 reviews |
9/10 Central Elementary School Public • PreK-5 | 183 Students | N/A |
8/10 Northwest Elementary School Public • K-5 | 273 Students | 2 reviews |
7/10 Chester-East Lincoln Elementary School Public • PreK-8 | 279 Students | 1 reviews |
7/10 Washington-Monroe Elementary School Public • PreK-5 | 204 Students | 1 reviews |
Climate's impact on Lincoln housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lincoln.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Moderate
Heat Factor

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