Lincoln Park, MI—48146
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lincoln Park, MI
As of Oct '25, the median home price in Lincoln Park, MI is $150,000, with a year-over-year change of 4.9%. This indicates that home prices in Lincoln Park, MI are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $150,000 | 4.9% |
| Single Family | $150,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $126,000 | 4.1% |
3 Bed | $161,000 | 4.5% |
4 Bed | $173,000 | 3.6% |
| 5 Bed | $180,000 | 4.0% |
% of Housing Stock
Rental Trends — Lincoln Park, MI
As of July '25, Rentcast reports the average rent in Lincoln Park, MI is $1,280, with a year-over-year rent change of 12.3%. Per bedroom, the median rent as of July '25 in Lincoln Park, MI is 1-bedrooms: $985, 2-bedrooms: $1,210, 3-bedrooms: $1,510, 4-bedrooms: $1,820. The most common rental property sizes in Lincoln Park, MI are 2-bedroom and 1-bedroom, accounting for 32.7% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $995 | $985 |
| 2 Bed Rent | $1,140 | $1,210 |
| 3 Bed Rent | $1,420 | $1,510 |
| 4 Bed Rent | $1,700 | $1,820 |
% of Rental Stock
Property Listings — Lincoln Park, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Lincoln Park, MI is 34. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $165,000 | 6.0% |
Listing Count | 132 | 24.0% |
| Listings as % of Homes | 0.3% | 24.0% |
Days on Market | 34 | 12.0% |
Demographics — Lincoln Park, MI
As of the latest ACS Survey released in 2023, Lincoln Park, MI has a population of 39,500, which has increased by 7.1% over the past 5 years. Lincoln Park, MI is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 11.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,500 | 7.1% |
% Under 18 | 25.6% | 1.6% |
% Seniors | 13.9% | 17.8% |
% WFH | 6.1% | 190.5% |
% w/ College Degree | 11.3% | 28.4% |
As of the latest ACS Survey released in 2023, Lincoln Park, MI is a predominantly white area, with 60.2% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Lincoln Park, MI is hispanic, making up 24.7% of the population. Foreign-born residents account for 9.4% of the population in Lincoln Park, MI, and this percentage has increased by 14.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 60.2% | -9.3% |
% Black | 9.0% | 5.9% |
% Hispanic | 24.7% | 13.3% |
% Asian | 0.6% | 50.0% |
% Foreign Born | 9.4% | 14.6% |
Mortgage and Risk — Lincoln Park, MI
According to HUD data as of 2023, there were 636 mortgage originations in Lincoln Park, MI, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Lincoln Park, MI. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 636 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Lincoln Park, MI
As of 2024, the percent of homes in Lincoln Park, MI under the Section 8 program is 9.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Lincoln Park, MI, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 522 |
Total Units Section 8 | 401 |
% Rentals under Section 8 | 9.2% |
% Occupied Section 8 | 85.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$55 | $995 | $940 |
| 2 Bedroom | $50 | $1,140 | $1,190 |
| 3 Bedroom | $40 | $1,420 | $1,460 |
| 4 Bedroom | -$120 | $1,700 | $1,580 |
Affordability — Lincoln Park, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $150,000 |
| Median Household Income | $57,200 |