Lincolnshire, IL—60069
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lincolnshire, IL
As of Oct '25, the median home price in Lincolnshire, IL is $670,000, with a year-over-year change of 6.0%. This indicates that home prices in Lincolnshire, IL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $670,000 | 6.0% |
| Single Family | $723,000 | 6.2% |
| Condos | $435,000 | -11.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $446,000 | 6.7% |
3 Bed | $608,000 | 4.1% |
4 Bed | $792,000 | 5.3% |
| 5 Bed | $1,091,000 | 4.8% |
% of Housing Stock
Rental Trends — Lincolnshire, IL
As of July '25, Rentcast reports the average rent in Lincolnshire, IL is $3,050, with a year-over-year rent change of -10.0%. Per bedroom, the median rent as of July '25 in Lincolnshire, IL is studios: $2,310, 1-bedrooms: $2,190, 2-bedrooms: $3,330, 3-bedrooms: $3,770, 4-bedrooms: $3,400. The most common rental property sizes in Lincolnshire, IL are 1-bedroom and 2-bedroom, accounting for 36.0% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,050 |
| Studio Rent | $2,120 | $2,310 |
| 1 Bed Rent | $2,160 | $2,190 |
| 2 Bed Rent | $3,280 | $3,330 |
| 3 Bed Rent | $3,750 | $3,770 |
| 4 Bed Rent | $3,400 | $3,400 |
% of Rental Stock
Property Listings — Lincolnshire, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Lincolnshire, IL is 50. This is a increase of 31.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $618,000 | -6.0% |
Listing Count | 38 | 35.0% |
| Listings as % of Homes | 0.6% | 35.0% |
Days on Market | 50 | 31.0% |
Demographics — Lincolnshire, IL
As of the latest ACS Survey released in 2023, Lincolnshire, IL has a population of 8,730, which has increased by 6.6% over the past 5 years. Lincolnshire, IL is a moderately popular place for families, as children make up 17.6% of the population. The area has a highly educated workforce, with 72.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,730 | 6.6% |
% Under 18 | 17.6% | -1.7% |
% Seniors | 27.0% | -19.2% |
% WFH | 33.9% | 329.1% |
% w/ College Degree | 72.0% | 14.5% |
As of the latest ACS Survey released in 2023, Lincolnshire, IL is a predominantly white area, with 72.2% of the population identifying as white. The white population has shrunk by 13.9% in the last 5 years. The second most common race or ethnicity in Lincolnshire, IL is asian, making up 20.9% of the population. Foreign-born residents account for 23.8% of the population in Lincolnshire, IL, and this percentage has increased by 24.6% 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 | 72.2% | -13.9% |
% Black | 1.8% | 50.0% |
% Hispanic | 2.7% | -6.9% |
% Asian | 20.9% | 102.9% |
% Foreign Born | 23.8% | 24.6% |
Mortgage and Risk — Lincolnshire, IL
Lincolnshire, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Lincolnshire, IL
As of 2024, the percent of homes in Lincolnshire, IL under the Section 8 program is 1.9%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Lincolnshire, IL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 18 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $2,160 | $2,340 |
| 2 Bedroom | -$640 | $3,280 | $2,640 |
| 3 Bedroom | -$360 | $3,750 | $3,390 |
| 4 Bedroom | $580 | $3,400 | $3,980 |
Affordability — Lincolnshire, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $670,000 |
| Median Household Income | $157,000 |