๐Ÿ“Š Updated weekly with real market data ยท Last updated: March 12, 2026 ยท Powered by FarmPosts
Market Report

Lincoln Park, Chicago, IL Real Estate Market

4-week rolling average ยท Data through March 12, 2026 ยท ZIP 60614

$2.75M
Median Sale Price
$825K
Median List Price
16
Days on Market
Median Rent
$2K/mo
Median rental listing price
Rental Inventory
779
Active rental listings
๐Ÿ’ก
Key Market Insight

Lincoln Park's real estate market is running hot, sitting at the 86th percentile for market temperature as of March 2026. The median sale price stands at $2,750,000 with homes moving quickly at a median of just 16 days on market, signaling strong buyer demand across this Chicago neighborhood. With 232 active listings and a median price per square foot of $611.11, this is a high-value, fast-moving market worth watching closely.

๐Ÿฆ
30-Year Fixed Rate
6.0%

Market Activity

Active Inventory232
Price per Sq Ft$611

By Bedroom

BedsSale PriceRent
1BR$298K$2K/mo
2BR$475K$4K/mo
3BR$950K$5K/mo
4BR$1.65M$6K/mo
5BR$2.75M$6K/mo
6BR$3.45Mโ€”
7BR$2.20Mโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐Ÿ”ฅ Hot โ€” Strong Seller's Market

What This Means For You

๐Ÿ Sellers

With a market temperature score at the 86th percentile and a median days on market of just 16 days, sellers in Lincoln Park are in a strong position to move properties quickly. The median sale price of $2,750,000 for 5-bedroom homes reflects the premium buyers are willing to pay in this neighborhood, giving well-priced listings significant leverage.

๐Ÿ”‘Buyers

Buyers in Lincoln Park should be prepared to act decisively, as homes are selling in a median of 16 days on market in this highly competitive environment. Entry points exist across bedroom sizes, ranging from $199,000 for studios to $950,000 for 3-bedrooms, though the overall market skews toward luxury pricing at $611.11 per square foot.

๐Ÿ“ˆInvestors

Lincoln Park's rental market shows a median rent of $2,460 with 779 rental units currently available, indicating a deep and active rental pool for investors to tap into. Rent scales meaningfully by unit size, from $1,695 for studios up to $6,100 for 5-bedroom units, offering investors flexibility in targeting different price tiers within the same high-demand neighborhood.

๐ŸฆRates

The current 30-year fixed mortgage rate is 6.00% and the 15-year fixed rate is 5.43%, which remain important factors in monthly payment planning for buyers in this high-price market. At a $2,750,000 median sale price, even small rate differences translate into thousands of dollars annually, making rate strategy a critical part of any purchase decision.

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Data sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)

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