Lincoln Park, MI 48146 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lincoln Park, MI—48146

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$149,000

5.2% YoY Growth

Household Income

$57,200

31.5% YoY Growth

Days on Market

0.0% Longer YoY

Home Price Forecast

2.0%

Median Rent

$1,250

12.3% YoY Growth

1-Bed Rent

$995

17.5% YoY Growth

2-Bed Rent

$1,140

10.0% YoY Growth

3-Bed Rent

$1,420

0.7% YoY Growth

Home Price Trends — Lincoln Park, MI

As of Nov '25, the median home price in Lincoln Park, MI is $149,000, with a year-over-year change of 5.2%. This indicates that home prices in Lincoln Park, MI are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$149,000	5.2%
Single Family	$149,000	5.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

2.1%

1 Bedroom

32.0%

2 Bedrooms

32.7%

3 Bedrooms

29.3%

4 Bedrooms

4.0%

Property Listings — Lincoln Park, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Lincoln Park, MI is 36. 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$165,000	5.0%
Listing Count	137	27.0%
Listings as % of Homes	0.3%	27.0%
Days on Market	36	0.0%

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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%

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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%

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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%

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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

Lincoln Park, MI—48146

Key Metrics at a Glance

Home Price Trends — Lincoln Park, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lincoln Park, MI

% of Rental Stock

Property Listings — Lincoln Park, MI

Demographics — Lincoln Park, MI

Race and Ethnicity

Mortgage and Risk — Lincoln Park, MI

Mortgages

Rentals and Section 8 — Lincoln Park, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Lincoln Park, MI

Home Price to Income Ratio

Lincoln Park, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Allen Park, MI

Melvindale, MI

Wyandotte, MI

Ecorse, MI

Boynton, Detroit, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$149,000
Median Household Income	$57,200

Lincoln Park, MI—48146

Key Metrics at a Glance

Home Price Trends — Lincoln Park, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lincoln Park, MI

% of Rental Stock

Property Listings — Lincoln Park, MI

Demographics — Lincoln Park, MI

Race and Ethnicity

Mortgage and Risk — Lincoln Park, MI

Mortgages

Rentals and Section 8 — Lincoln Park, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Lincoln Park, MI

Home Price to Income Ratio

Lincoln Park, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Allen Park, MI

Melvindale, MI

Wyandotte, MI

Ecorse, MI

Boynton, Detroit, MI

Frequently Asked Questions

What is the average home price in Lincoln Park, MI 48146?

How have home prices in Lincoln Park, MI 48146 changed over the past year?

What is the home price projection for Lincoln Park, MI 48146?

What are the demographics of Lincoln Park, MI 48146?

How long does it take homes to sell in Lincoln Park, MI 48146?

What is the average rent price in Lincoln Park, MI 48146?