Lincoln, IL metro area Housing Market
Warm MarketComprehensive housing market data for the Lincoln, IL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$165K
↑ 15.8% YoY
Days on Market
28 days
↑ 55.6% YoY
Active Inventory
36
↓ 16.3% YoY
Homes Sold
26
↑ 30.0% YoY
Warm Market
The market is active with moderate buyer demand.
Lincoln, IL metro area Market Summary
The Lincoln, IL metro area housing market is heating up. As of January 2026, the median home sale price is $165K, up 15.8% year-over-year. Homes are spending a median of 28 days on the market, 55.6% longer than a year ago.
There are 36 homes for sale — 16.3% fewer than last year. With 1.4 months of supply, this is a seller's market. 24 new listings were added during this period, down 11.1% year-over-year.
Homes are selling for 97.4% of their list price on average, suggesting room for negotiation. 19.2% of homes sell above their asking price. 25.0% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
45
Contributing Factors
How This Market Compares
vs. National Median
vs. Illinois Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 61% below the national median, which could indicate stronger cash flow potential.
Lincoln, IL metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$145K
Price per Sq Ft
$98
Sale-to-List Ratio
97.4%
Months of Supply
1.4
Sold Above List
19.2%
Price Drops
25.0%
New Listings
24
↓ 11.1% YoY
Pending Sales
22
Off Market in 2 Weeks
50.0%
Other Markets in Illinois
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Rockford, IL metro area
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Bloomington, IL metro area
$237K · 54d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.