4-week rolling average ยท Data through March 12, 2026 ยท ZIP 60614
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.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $298K | $2K/mo |
| 2BR | $475K | $4K/mo |
| 3BR | $950K | $5K/mo |
| 4BR | $1.65M | $6K/mo |
| 5BR | $2.75M | $6K/mo |
| 6BR | $3.45M | โ |
| 7BR | $2.20M | โ |
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.
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.
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.
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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