Lincoln, Illinois, is a charming small city in Logan County, centrally located along historic Route 66, about 30 miles northeast of Springfield. Named after Abraham Lincoln before he became president, the city embraces its historical ties with landmarks like the Lincoln Heritage Museum and the iconic Postville Courthouse. With a population of around 13,000, Lincoln offers a blend of small-town warmth and modern amenities, featuring a vibrant downtown with local shops, restaurants, and community events like the Lincoln Balloon Festival. Its rich agricultural heritage, coupled with attractions like Lincoln College and the Railsplitter Covered Wagon, makes it a welcoming destination for history buffs and travelers seeking classic Americana.
Lincoln currently has 4 single family homes for sale with an average list price of $164,975 and 2 lots for sale with an average list price of $33,950. The average annual property tax for Lincoln is $2,538.60.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lincoln, i.e. what's hot and what's not.
See What's Hot & What's Not in LincolnLincoln home sales for the month of July rose in volume by 200% when compared to last year, while the median sale price rose by 95.2% from $95,790 to $187,000. House sales rose by 200%, while the median sale price rose by 95.2% from $95,790 to $187,000.
8
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9
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12
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10
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2021 | 2022 | 2023 | 2024 |
# of sales per year |
$123,950
|
$128,900
|
$80,500
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$116,700
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |