View in Interactive Map

Lincoln Square, Chicago, IL—60625

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$413,000
4.7% YoY Growth
Household Income
$85,300
33.0% YoY Growth
Days on Market
27
10.0% Shorter YoY
Home Price Forecast
1.1%
Median Rent
$1,700
13.6% YoY Growth
1-Bed Rent
$1,620
4.6% YoY Growth
2-Bed Rent
$2,000
12.6% YoY Growth
3-Bed Rent
$2,750
20.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lincoln Square, Chicago, IL

As of May '26, the median home price in Lincoln Square, Chicago, IL is $413,000, with a year-over-year change of 4.7%. This indicates that home prices in Lincoln Square, Chicago, IL are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$413,0004.7%
Single Family $672,0008.2%
Condos $299,0004.2%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $192,000
    5.5%
    2 Bed
    		$318,0007.1%
    3 Bed
    		$563,0008.1%
    4 Bed
    		$829,0008.7%
    5 Bed $1,213,3868.1%
    Loading chart...

    % of Housing Stock

    Studio
    4.8%
    1 Bedroom
    20.5%
    2 Bedrooms
    41.2%
    3 Bedrooms
    23.4%
    4 Bedrooms
    7.1%
    5+ Bedrooms
    3.0%

    Rental Trends — Lincoln Square, Chicago, IL

    As of July '25, Rentcast reports the average rent in Lincoln Square, Chicago, IL is $1,910, with a year-over-year rent change of -13.6%. Per bedroom, the median rent as of July '25 in Lincoln Square, Chicago, IL is studios: $1,330, 1-bedrooms: $1,660, 2-bedrooms: $2,090, 3-bedrooms: $3,140, 4-bedrooms: $3,730. The most common rental property sizes in Lincoln Square, Chicago, IL are 2-bedroom and 1-bedroom, accounting for 42.8% and 29.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,700$1,910
    Studio Rent $1,340$1,330
    1 Bed Rent $1,620$1,660
    2 Bed Rent $2,000$2,090
    3 Bed Rent $2,750$3,140
    4 Bed Rent $3,000$3,730
    Loading chart...

    % of Rental Stock

    Studio
    7.7%
    1 Bedroom
    29.8%
    2 Bedrooms
    42.8%
    3 Bedrooms
    16.5%
    4 Bedrooms
    2.4%
    5+ Bedrooms
    0.8%

    Property Listings — Lincoln Square, Chicago, IL

    As of May '26, Realtor.com reports that the median days on market for a home in Lincoln Square, Chicago, IL is 27. This is a decrease of -10.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$410,000-4.0%
    Listing Count
    		88-25.0%
    Listings as % of Homes0.3%-25.0%
    Days on Market
    		27-10.0%
    Loading chart...

    Demographics — Lincoln Square, Chicago, IL

    As of the latest ACS Survey released in 2023, Lincoln Square, Chicago, IL has a population of 78,500, which has remained stable by -1.0% over the past 5 years. Lincoln Square, Chicago, IL is a moderately popular place for families, as children make up 19.3% of the population. The area has a highly educated workforce, with 53.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		78,500-1.0%
    % Under 18
    		19.3%-3.5%
    % Seniors
    		11.4%18.8%
    % WFH
    		19.6%243.9%
    % w/ College Degree
    		53.8%11.4%
    Loading chart...

    As of the latest ACS Survey released in 2023, Lincoln Square, Chicago, IL is a predominantly white area, with 44.7% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Lincoln Square, Chicago, IL is hispanic, making up 32.2% of the population. Foreign-born residents account for 32.2% of the population in Lincoln Square, Chicago, IL, and this percentage has decreased by 3.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		44.7%-1.8%
    % Black
    		4.8%-4.0%
    % Hispanic
    		32.2%-1.8%
    % Asian
    		14.0%5.3%
    % Foreign Born
    		32.2%-3.9%
    Loading chart...

    Mortgage and Risk — Lincoln Square, Chicago, IL

    According to HUD data as of 2023, there were 698 mortgage originations in Lincoln Square, Chicago, IL, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Lincoln Square, Chicago, IL. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		698
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		5.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Lincoln Square, Chicago, IL

    As of 2024, the percent of homes in Lincoln Square, Chicago, IL under the Section 8 program is 2.2%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Lincoln Square, Chicago, IL, because HUD payments exceed market rent, while 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		505
    Total Units Section 8
    		381
    % Rentals under Section 8
    		2.2%
    % Occupied Section 8
    		90.1%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$200$1,620$1,820
    2 Bedroom$50$2,000$2,050
    3 Bedroom-$120$2,750$2,630
    4 Bedroom$90$3,000$3,090

    Affordability — Lincoln Square, Chicago, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.2
    Median Home Price$413,000
    Median Household Income$85,300

    Lincoln Square, Chicago, IL — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    West Rogers Park, Chicago, IL

    60659

    Avondale, Chicago, IL

    60618

    West Ridge, Chicago, IL

    60645

    Uptown, Chicago, IL

    60640

    Edgewater, Chicago, IL

    60660

    Frequently Asked Questions