Lincoln, MI—49726
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lincoln, MI
As of Oct '25, the median home price in Lincoln, MI is $217,000, with a year-over-year change of -1.6%. This indicates that home prices in Lincoln, MI are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | -1.6% |
| Single Family | $221,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lincoln, MI
Lincoln, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lincoln, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Lincoln, MI is 111. This is a decrease of -39.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | 13.0% |
Listing Count | 24 | 41.0% |
| Listings as % of Homes | 1.2% | 41.0% |
Days on Market | 111 | -39.0% |
Demographics — Lincoln, MI
As of the latest ACS Survey released in 2023, Lincoln, MI has a population of 1,110, which has remained stable by 0.2% over the past 5 years. Lincoln, MI is a less popular place for families, as children make up 11.3% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,110 | 0.2% |
% Under 18 | 11.3% | -0.9% |
% Seniors | 43.5% | 11.0% |
% WFH | 9.8% | -27.9% |
% w/ College Degree | 27.7% | 29.4% |
As of the latest ACS Survey released in 2023, Lincoln, MI is a predominantly white area, with 97.3% of the population identifying as white. The white population has grown by 7.8% in the last 5 years. The second most common race or ethnicity in Lincoln, MI is asian, making up 0.6% of the population. Foreign-born residents account for 0.9% of the population in Lincoln, MI, and this percentage has increased by 50.0% 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 | 97.3% | 7.8% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.6% | 200.0% |
% Foreign Born | 0.9% | 50.0% |
Mortgage and Risk — Lincoln, MI
According to HUD data as of 2023, there were 30 mortgage originations in Lincoln, MI, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Lincoln, MI. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 27.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Lincoln, MI
Lincoln, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Lincoln, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $217,000 |
| Median Household Income | $65,000 |