Lincolnwood, IL 60712 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lincolnwood, IL—60712

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$563,000

5.4% YoY Growth

Household Income

$108,000

15.8% YoY Growth

Days on Market

0.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$3,200

14.6% YoY Growth

1-Bed Rent

$2,050

N/A

2-Bed Rent

$3,200

N/A

3-Bed Rent

$3,000

6.0% YoY Growth

Home Price Trends — Lincolnwood, IL

As of May '26, the median home price in Lincolnwood, IL is $563,000, with a year-over-year change of 5.4%. This indicates that home prices in Lincolnwood, IL 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	$563,000	5.4%
Single Family	$588,000	5.6%
Condos	$365,000	4.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lincolnwood, IL

As of July '25, Rentcast reports the average rent in Lincolnwood, IL is $4,080, with a year-over-year rent change of 14.6%. Per bedroom, the median rent as of July '25 in Lincolnwood, IL is 1-bedrooms: $2,050, 2-bedrooms: $3,600, 3-bedrooms: $3,290, 4-bedrooms: $4,920. The most common rental property sizes in Lincolnwood, IL are 2-bedroom and 3-bedroom, accounting for 31.5% and 28.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,200	$4,080
Studio Rent	N/A	N/A
1 Bed Rent	$2,050	$2,050
2 Bed Rent	$3,200	$3,600
3 Bed Rent	$3,000	$3,290
4 Bed Rent	$5,800	$4,920

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% of Rental Stock

Studio

3.2%

1 Bedroom

25.0%

2 Bedrooms

31.5%

3 Bedrooms

28.4%

4 Bedrooms

11.9%

Property Listings — Lincolnwood, IL

As of May '26, Realtor.com reports that the median days on market for a home in Lincolnwood, IL is 37. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$595,000	7.0%
Listing Count	33	31.0%
Listings as % of Homes	0.5%	31.0%
Days on Market	37	0.0%

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Demographics — Lincolnwood, IL

As of the latest ACS Survey released in 2023, Lincolnwood, IL has a population of 13,200, which has increased by 5.1% over the past 5 years. Lincolnwood, IL is a moderately popular place for families, as children make up 24.8% of the population. The area has a highly educated workforce, with 56.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,200	5.1%
% Under 18	24.8%	17.0%
% Seniors	27.4%	11.8%
% WFH	21.3%	204.3%
% w/ College Degree	56.8%	3.3%

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As of the latest ACS Survey released in 2023, Lincolnwood, IL is a predominantly white area, with 60.5% of the population identifying as white. The white population has grown by 11.4% in the last 5 years. The second most common race or ethnicity in Lincolnwood, IL is asian, making up 26.4% of the population. Foreign-born residents account for 34.7% of the population in Lincolnwood, IL, and this percentage has decreased by 3.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	60.5%	11.4%
% Black	2.9%	11.5%
% Hispanic	7.5%	-2.6%
% Asian	26.4%	-14.6%
% Foreign Born	34.7%	-3.6%

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Mortgage and Risk — Lincolnwood, IL

According to HUD data as of 2023, there were 157 mortgage originations in Lincolnwood, IL, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Lincolnwood, IL. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	157
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Lincolnwood, IL

As of 2024, the percent of homes in Lincolnwood, IL under the Section 8 program is 1.8%. 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 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Lincolnwood, IL, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	25
Total Units Section 8	25
% Rentals under Section 8	1.8%
% Occupied Section 8	91.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$290	$2,050	$2,340
2 Bedroom	-$560	$3,200	$2,640
3 Bedroom	$390	$3,000	$3,390
4 Bedroom	-$1,820	$5,800	$3,980

Lincolnwood, IL—60712

Key Metrics at a Glance

Home Price Trends — Lincolnwood, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lincolnwood, IL

% of Rental Stock

Property Listings — Lincolnwood, IL

Demographics — Lincolnwood, IL

Race and Ethnicity

Mortgage and Risk — Lincolnwood, IL

Mortgages

Rentals and Section 8 — Lincolnwood, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lincolnwood, IL

Home Price to Income Ratio

Lincolnwood, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Skokie, IL

West Rogers Park, Chicago, IL

Forest Glen, Chicago, IL

West Ridge, Chicago, IL

Skokie, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$563,000
Median Household Income	$108,000

Lincolnwood, IL—60712

Key Metrics at a Glance

Home Price Trends — Lincolnwood, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lincolnwood, IL

% of Rental Stock

Property Listings — Lincolnwood, IL

Demographics — Lincolnwood, IL

Race and Ethnicity

Mortgage and Risk — Lincolnwood, IL

Mortgages

Rentals and Section 8 — Lincolnwood, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lincolnwood, IL

Home Price to Income Ratio

Lincolnwood, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Skokie, IL

West Rogers Park, Chicago, IL

Forest Glen, Chicago, IL

West Ridge, Chicago, IL

Skokie, IL

Frequently Asked Questions

What is the average home price in Lincolnwood, IL 60712?

How have home prices in Lincolnwood, IL 60712 changed over the past year?

What is the home price projection for Lincolnwood, IL 60712?

What are the demographics of Lincolnwood, IL 60712?

How long does it take homes to sell in Lincolnwood, IL 60712?

What is the average rent price in Lincolnwood, IL 60712?